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MONDAY
MS.At)NL
LIBRARY
Reg. U. s. Pat. Office
Volume
168
Number 4751
New
York/ N. Y., Monday, November 15, 1948
Price 75 Cents
a
General Corporation and Investment News
RAILROAD
PUBLIC UTILITY
-
INDUSTRIAL
-
INSURANCE
-
MISCELLANEOUS
-
'
.
•'
-
•
•'
w
•
'
'
-V
'
";V.
'
Acme
Period End. Sept. 30—
Net sales
:•
Operating
Federal
*
Steel Co.— -Earnings—
1948—3 Mos —1947
court
1948—9 Mos.—1947
$14,360,259 $12,136,845 $43,973,807 $39,631,525
2,677,853
2,239,022
8,229,467
8,911,361
1,017,584
850,828
3,127,198
3,386,317
income
taxes
The
__
income
$1,660,269
$1,388,194
$5,102,269
$5,525,044
993,324
984,324
993,324
984,324
$1.67
$1.41
$5.14
The report stated that the net income figure for the third quarter
Sept. 30. 1948, is even helier than it -appears because during
this. .period the. plant was shut down for a two weeks vacation
for
all employees so
that actual production occurred in only 11 weeks
ended
the 13
weeks quarter.—V.
168,
641.
p.
CONSOLIDATED
INCOME
iIncluding
-
,
ACCOUNT,
Canadian
YEARS ENDED
JULY 31
less returns, allowances and dfscts.,
than sales agents'. discounts
income
;—
caused
_
sold
laboratory,
and
.
royalty
and
Commissions
and
branch
leasehold
Akron Canton &
399,589
891,234
to
sales
of exps.
income
•Provision
for
Profit for
Dividends
430,189
9,827,372
3,691,830
admin,
exps.
year..
121,654
3,500,000
129,000
79,400
'
500,000
$5,186,159
1,884,532
;
' 1,281,482
$6.88
__
—
balances
at
securities
leceivable
less
and
cash
of
reserve
priced at lower of cost
cost,
Canadian
ry.
Gross
employees
$6.00
of
reserve
at
1946
$403,976
$393,542
$270,328
114,618
,111,195
1945
49,609
63,611
♦10,126
♦19,142
4,396,487'
3,819,023
3,016,710
3,390,960
1,673,670
1,203,396
614,688
913,125
849,853
I
572,246
243,552
345,597
income..168, p.
reserve
of $394,525),
trademarks,
goodwill,
1948—Month—1947
•
of
1948—12 Mos.—1947«
n
$3,297,732
2,157,919
334,000
1,646.232
304,575
Operating expenses
Prov. f<?r- depreciation.
plant
adjustments..
sales
contract
taxes,
banks, 2V*'t
sinking fund
(par
value
and
obligations,
and
profits
payable,
agents
$8,606,864;
$555,010;
date) and advances
$709,018;
$1;
sundry
to
investments
deferred
Gross
taxes
of
premium
48,766
:!
22,146,663
15,744,549
3,910,650
3,611,035
48,766
585,193
559,182
616,160
$808,012
debt.
debt
and
Net
(3,628,570
.(3,616,461
$738,977
269,283
sub-license
English
in
and
patents
ore
WAA
charges,
credit
balances,
balances,
additional
War
income
per
105,000
said.
posal
issues
61,138
60,052
The
91,408
15,917
whole
$488,609
$6,109,033
$7,003,312
105,000
1,260,000
1,260,000
$383,609
$354,146
$4,849,033
$5,74^,312
1477.
America^—Arranges $60,000,000 Pri¬
vate
Financing—The company it was announced Nov. 10
privately through The First Boston Corp., $60,000*000 3% promissory notes.
Metropolitan Life Insur¬
has sold
Co. has agreed to lend the
company
$55,000,000 and
etc.,
$7,538,130;
total, $31,641,804.—V. 168, p. 145.
earned
surplus,
$10,564,298;
plants,
from
Alcoa's
Alcoa,
i
nd
„•
also
provides
between
commitments
industry
its
basic
Alcoa
from
a
.
.
Wholly-Owned
Period End. Sept. 30—
Subsidiaries)
patent
and
will
WAA and
given
licenses
sell
a
by
all
of
variety
1948—3 Mos.—1947
1948—9 Mos.—1947
Gross
sales, less aiscts.,
returns, etc.
Operating
Prov.
for
expenses
one-half
1%.
of
standby
depreciation..
984,233
883,401
2,891,137
2,487,457
$2,835,759
$1,853,761
$7,836,726
$6,485,157
Cleveland Stock
other
portion
a
>
alloy
"direct-chill"
its
in
Detroit Stock Exchange^
Los
Other
income
less
(
in¬
charges)
come
139,430
161,806
567,508
650,894
$2,975,189
Interest
Fed.
&
$2,015,567
$8,404,234
211,473
193,279
637,668
$7,136,051
527,778
expense
for'n
inc.
taxes
1,111,375
684,517
3,069,428
2,543,862
$1,652,341
$1,137,771
$4,697,138
$4,064,411
Angeles
Philadelphia
Pittsburgh
Under
the
agreement,
Alcoa
for
the
aluminum
No. of
income
____
shs. out¬
common
standing—no par
'
2,736,856
Earnings per share—"
$0.60
2,736,856
—V.
The
Montreal
Stock
Sept. 30—
$1.72
$1.49
of
States
Surety
&
Court
companies to
of
sue
Co.—Right to
Appeals
the
payments to persons* who had
injuries but
who
had not
affirmed
Federal
brought
on
Sue
Nov.
Government
claims
against
for
the
9
Gov't—
the
38
Toronto
Curb
Stock
..38
....
39
....
40
...
Exchange..
Express and freight
...
*
Over-the-Counter
Markets
.43
1
44
Exchange
26
Transactions New York Curb Exchange
Stock and Bond Averages
35
right
Offerings
55
Redemption Calls and Sinking Fund Notices..47
....
The Course of Bank Clearings.a......
Dividends Declared and Payable
Foreign
Exchange Rates
Combined Condition Statement of Federal
EDWARD L. BURTON & COMPANY
System
Condition
Salt Lake
City 1
Teletype SU 464
OLDEST INVESTMENT
Reserve Banks
1899
depreciation
from
income
"carry-back"
2,359,932
4,178,99!
984,98.
$61,412,32:
.
miles
passenger
$3,284,537
712,056
.
NOTE—Above
$1,426,61
472,60
Cr884,43
$1,014,77."
refund
flown
La.
miles
flown.—
consolidated
of
consolidation:
the
statements
following
American
Manhattan Air
include
subsidiaries
Overseas
47,787,08
985,350,963 1,104,026,35
in
consolidation
company's wholly owned subsidiary, American Airlines
accounts
7,494,38''
;
$3,998,593
43,467,910
(net)
tax
55,344,55
of
deficit
Revenue
The
HOUSE IN
'
UTAH
Statement
of
Member
Banks
Airlines,
are
Inc.,
not
de
Sky Chiefs,
in
Inc.,
ti
-
ami
Interchange Agreement—
The
first
through
one-plane
transcontinental
Southeast and the West Coast will be
Delta
Air
Lines
under
nounced by the two air
Civil Aeronautics Board.
C.
C.
R.
E.
carriers.
Smith, Chairman
Woolman, President
that both
service
between
with
tb
provided by this corporation ant.
of equipment" agreement an
"interchange
an
The
plan
requires
approval
of
th«
,
of
the
board
of
American
Airlines, an
joint statemer.
of Delta, announced in a
companies had agreed to terms of an equipment interch&ng
to
be
filed
with
the
C.A.B.
agreement reached by American and Delta, through serv
DC-6 Flagships of American and DC-6 Delta Liners will be
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.
1871
300 North 4th St., St. Louis Z, Missouri
Members
New York
8tock
St.
Stock
Exchange
Exchange
Chicago Bd. of Trade
York Curb Exchange Associate
Louie
Chicago Stock Exch.
»
tb<
Mexico, S.
included
Terminals, Inc.
of
48
in
1S47
9,810,262
Established
48
.....
Federal Reserve System
.47
a
$53,888,523
45
48
in
prevails
General Corporation & Investment News-Cover
Mountain Fuel Supply
Bell
Deduc^ans
Net
which
Under the
State and City Bond
160 S. Main Street
maintain
,972,988
operating loss
Federal
ice
Miscellaneous Features
Specializing in
Established
Net
contract
government
suit.
,for obsolescence and
property and equipment
.26
reimburse¬
will
$64,319,151
57,793,426
..
Prov.
41
Toronto Stock Exchange—Curb Section
,
operations
$55,706,140
3,177,775
4,462,248
,
Total
__40
Exchange.......:....
the
well
casting
fabricating field.
1948
revenues—Passenger..
...
....38
Exchange......
Transactions New York Stock
Casualty
United
insurance
ment
for
2,736,856
138, p. 1685.
Aetna
of
2,736,856
$0.42
_
37
to
as
of
Airlines, Inc. (& Sub.)-Earnings-
Revenue
Exchange..
Stock Exchange.
Stock Exchange.
patents
smelting
heavy-demand, short-supply situation
industry today.—V. 168, p, 1685.
Other
....37
Stock
St. Louis Stock Exchange
San Francisco Stock Exchange
Montreal
Net
37
the
aluminum
available
process
condition
Operating
.37
:
make
patents
of
-
Alcoa
for national
emergency -purposes
aluminum procapacity not less than that which will be shut down in order
to
permit
the operation of the aluminum production
facilities
at
the new plant.
I
The
acquisition by Alcoa' of certain carbon producing equipment
from the government's Burlington, N.
J., plant will permit the com¬
pany to advance the scheduled opening of its new aluminum
smelting
plant at Port Comfort, Texas, by several
months, thereby speeding
36
Exchange.
,
govern¬
ducton
New York Stock Exchange (Stocks)...15
New York Stock Exchange (Bonds)
27
New York Curb Exchange,
31
Cincinnati Stock Exchange........
$24,312,363 $21,476,391 $70,010,692 $63,520,453
20,492,371
18,739,229
59,282,829
54,547,839
•
.
the
The company will spend an estimated
$2,750,000 in putting the
newly acquired plant in operating condition.
Under this arrangement
Alcoa's overall production capacity will be raised
by approximately
Page
Chicago Stock Exchange..
,
older, privately-owned plants at Massena to the adjacent
Just acquired, as power is not available for
any
increased
in these two plants.
Nine Months Ended
Exchange______..__^__-____..30
Exchange.......
36
,
Alcoa
Alcoa's
of
the so-called
on
transfer
Alcoa.
WAA
to
under
Mail
Stock
•
to
Its
American
Boston
*
i
,
WAA
that
operation
the
Baltimore Stock
Inc.—Earnings—
(Including
rights
lump sum of $115,000 a
patents applicable to all the World
fabricating iacilities built by Alcoa
machine
producing
for
__
Air Reduction Co.,
of all
from
similar
with
for
pending
relief
Quotations
alumina
use
aluminum
etc.,
Stock and Bond
?
alumina
for
licenses
extracting
reduction plant at Massena, N.
Y.
(Plancor
$5,000,000 and certain carbon producing equipment from
Burlington,, N. J,,, plant for $175,000, Mr. Larson
The
agreement substantially completes the government's dis¬
porgram in the aluminum field and brings to a conclusion all
2,055
'>■
of
government's
5,004
$459,146
all
aluminum
226-NY)
and
share),
War
aluminum
.
royalty-free
process
government.
aliiminum
2'
preferred stock
and
the
plant.
the
government-owned
agreement
2,923,653
•
the
formalizes
obtained
under
II
the
The
$1,538,430;
Federal
also
license
3,214,589
5,174
Aluminum Co. of
ance
available* to
^
the
agreement
an
entire
sub-license.
to
4,253,632
$9,476,169 $10,002,934
also
governing
at
ment-owned
In This Issue
credit
contingencies, $1,493,905; notes payable to
($125,000 due semi-annually), $1,875,000; 20-year 23A%
debentures, due Jan. 1, 1966, $2,500,000; capital stock
$10
operator of
any
agreement
243,308
-
74,409
a_.
income
on
makes
that
signed
have
Larson
said
that the agreement,
developed and implemented
direction of' John Joss, WAA General Counsel, gives to WAA
royalty-free license for use of Alcoa's lluoride patent at the gov¬
ernment's Hurricane Creek,
Ark., alumina plant, with the' right *o
.585,193
3,235,555
disc.,
expense
Other deductions
Divs.
latter
5
Nov.
on
company
Mr.
for
income
long-term
Amortiz.
accrued taxes, interest, payroll,
$1,529,345; U. S. and Canadian income
possible
the
announced
this
a
$171,487;
for
reserve
taxes
customers'
salesmen
other expenses,
$3,223,642;
excess
which
and
industry all of Its alloy patents and its most important process and
fabricating patents without any reciprocal patent oblgations.
the
Int.-on
Larson
under
$43,363,706 $37,432,898
„
General; taxes..^
income
Jess
Administration
bauxite
$3,964,857
total, $31,641,804.
LIABILITIES—Accounts
supply
etc.,
■'
_
plant
salesmen
investment in (at
$187,943),
consolidated,
to
The
Co.—Earnings-^-
revenue
acquis,
1948, and will mature Dec. 1,19-73.
to repay existing bank loans And
for current and future construction
1,
partly
increase available cash
costs,
1357.
Period End. Sept. 30—
Amortization
*
Dec.
under
railway
Net from railway—
oper.
dated
be. used
Administrator
169,105
Balance
$6,940,024; U. S. Govern¬
value), $1,000,800; ac¬
$464,839), $7,269,407; inventories,
acquisition
not
company,
commissions
partly
be
will
Assets
1947
82,003
will
loan
Proceeds
.*•
'
•
Patents Made Available to Aluminum Industry—
1—
from
-V. 3168, pp. 1793,
stationery, etc., $204,263; sales agents *and
(less
adjustment
$1,207,567;
agreed to lend $5,000,000.
"
retirement plan have
...
companies, $1; rental machines (after reserve^lor
depreciation of
$134,507), $445,675; land, buildings, machinery and
equipment (after reserve for* depreciation of $5,389,191), $5,807,508;
Patents,
who
1948
market
market "(less
or
31,
Subsidiary)
advances to European
$104,033;
<
$483,440
...
income—
oper.
its
$4,513,802
funds,
cost, (approximately
(less
prepaid insurance,
subsidiary
3,276,024
116,008
3,216,000
...
excess
—»
balances
railway-,—
railway..:....
Net from
of
any
Youngstywn RR.—Earnings—
from
Gross
Federal
CONSOLIDATED BALANCE SHEET/ JULY
debit
Surety
9,171,364
and
share
per
&
as
the
ASSETS—Bank
counts
agents
...
(Including
ment
515,425
profits taxes—-estd._
contingencies..:.-.—-
paid
Earnings
•
and
648,456
long-term debt
on
income tax—estimated
Canad.
patent
expenses
and amortiz.
S.
U.
Casualty
3 948
$39,406,112
amortization......
discounts
against
166, p. 2305.
•
Alabama Power
$43,661,098
.
.
Other selling, advert., general, and
Int.
Aetna
1947
$43,913,287 $39,905,701
20,340,259
17,564,812
_.—
development,
counter-claim
a
accident.—V.
♦Deficit.—V.
252,189
W--
expenses
Depreciation
the
Brooklyn
Alcoa's
—:
Total income
Engineering1,
by
a
the trustees of Alcoa's employees'
The
September—
Gross
Cost Of goods
brought
by
appeals
Federal judge
an
•
interpose
an
Net ry.
Gross sales,
Other
to
ruling
a
down by
Appeals also rejected the government's contention that
by assignees were permitted the government would lose its
actions
right
suit
a
broadest handed
of
From Jan.
,
Subsidiary Company)
1948
other
<;
the
reversed
dismissed
The Court
Net
Addressograph-Multigraph Corp.—^Annual Report—
.
had
who
issue,
as
$5.61
Capital shares outstdg....
Earnings per share—.
of
that
on
Company.
if
Net
decision, described
New
Phone
CEntral7600
Bell Teletype
SL 593
2
provided
by
Jacksonville,
Phoenix
to
Dallas-Fort Woith
equipment will take place at
airlines intersect.
^
interchange of
The
same cities.
where routes of the two
,
begin immediately
will
service
that tihrough
said
statement
The
Both
and
ment
have
discussion, will
propped interchange, culminating months of
be "bis-lateral," the companies pointed out, so that ships of each air¬
line could proceed over the other's routes in each direction. Passengers
and cargo will renin in on the same plane from coast to coast.
With T.W.A. is presently operating the only equipment
The
Encaustic.
Delta,
Interchange
; in
U.
the
S.
It
service between other cities
those cities which do not
by the C.A.B. to permit through
American and Delta routes, including
on
*"*"
Canadian Subs.)—Barns.
1948—9 Mos,—1947
$87,298,341 $80,567,427
7,248,658
7,307>831
2,065,006
1,616,632
Shoe Go. <&
American Brake
'
1793.
fDC-G service.—V. 168, p.
have
If
will be sufficiently broad
that the contract
out
pointed
was
approved
1948—3 Mos.-—1947
$29,568,580 $25,525,764
,*£ams. before taxes, etc.
2,516,014
2,078.577
Deprec. & amortization
,
652,432
548,973
Period End. Sept. 30—
sales
Net
—
—
are
625,000
taxes—
earnings
Net
"*1.238,"582
—-
$3,358,65? $3,525,199
$957,604
share of
com;
stock
outstdg.
at end of period
Earnings
-
per
1
Cash
Inventories
-
S.
12,019,553
17,017,094
2,002,148
1,234,495
1
-
-
Treasury
Fixed
assets
water,
*
Int.
Total
*
&
10,703,015
12,356,805
15,374,988
Divs.
■
•
*
,
nancing Ratified—
stockholders
The
'
f
■
proposal
a
1963
due
and
subs.
248,751
236461
3,094,818
642,496
2,833~933
30—
20,605,856
30,000
15,810,337
13,349,586
$1,483,563
$4,795,513
$4,500,fe99
equipment—
etc..
'
4,500,899
4,795,518
for
reserves
tAfter
1947.
anticipation
during
an
term
1947
1,483,563
Dr459,898
to
leasing
order.
Co.
stks.
1,931.000
6,510
30,000
6,510
78,120
13,349,586
78,120
60,376
60,812
726,753
732,250
15,810,337
insurance company for $3,000,000. Machinery
included in the transaction.
At the Same
entered into with the insurance company for
all the properties.—V. 168, p. 1794.
not
ol
mechanical
<■
190,991
85,843
185
1,657
2,083,915
289,971
Miscellaneous income.
SEC
it
is
not
as
always
alphabetical
alphabetical
possible.
1,120,292
501,534
parent co.
11,471
24,927
17,128,217
15,305,177
American
and
banks
i
& undistr.
income-of
trust
1,773,534
1,624,017
approved
4
plans
with
respect to the
has entered into credit agreements with certain
insurance companies under which, prior to Nov: 17, 1948,
issue and sell $15,000,000 serial collateral
and insurance companies and in the
proposes to
certain
to
shown
banks
below:
19,904,469
21,923,736
Co.—Notes Approved—
company's
Light
Light
notes
amounts
suds.
Nov.
on
transactions:
American
inc.
$
reasons
American Light & Traction
The
following
elk. of
com.
Atlantic City El. Co.
-•}
•
*
.
.
•."/"• principal
•
Amount
deducts,
&
(parent co.)
-
195,542
290,875
•
—
2,508,039
2,774,511
Central Hanover Bank & Trust
$1,500,000
1.500,00o
Co...
Mellon National Bank and Trust Co
sales..—,..*.
Consol.
for
Consol.
and
was
to arrange companies in exact
However, they are always as near
position
stks.
exus.
1948
consol.:
pid.
net
$1,650,971
deducting cost ($120,000) of U. S. treasury
§ All of the company's land and buildings were
an
were
agreement
possible
4,599,291
4,795,518
com.
Total
in 1943 and
$279,423 in
of $1,989,490
of
amortization
for
98,392
Co.
on
on
8,000,000
7,175,000
760,363
5,756,464
iAfter
notes.
equipment
time
depreciation
reserve
in'1947.
$134,769
inc.
net
.
-
$2,418,574
78,000
11,724,167
——$27,883,947 $25,912,568
long
1,483,563
1,651,254
389,009
$27,883,947 $25,912,568
_7_
* '
accrued liabilities
payable cn preferred stock.
Federal, State and other taxes..
and.
£>r459,898
163,669
4,026,672
164,104
?4,443,933
1,627,944
577,004
—
and
payable
4,125,953
cost
at
—.J—.......
sold'
of
on
Divs.
'
$
Co.,
7,672,752
303,563
7,738.418
121,440
4,125,953
company—.
Fdry
&
Total
in
Int.—bds. & adv'ces
1947
'
affiliated
449,957
•
shares)
LIABILITIES—
company):
subs,
Tot.
1948
>
Revenue Code
17,850,486
1,513,563
cons.:
A.G.&E.
of
217.,318
2,686,807
carry-
$2,326,387
78,000
Prov. for
2,077,792
Notes payab'e to banks (payable 1950-55)
1 1,000,000
3.90%
rumul. pfd. stock ($100 par)
8,000.000
Common stock, no par (issued 1,025,000 shrs.)_
7,175,000
Capital surplus
760.363
Earned surplus
!
6,466,405
33,934
Divs.
171,865,979 155,099,434
Dividends from associated companies...——
516,779
541,579
Interest
;
122,650
130,700
Royalties, licenses and service charges
744,514
601,755
Other income-(net)
„
44,927
24,399
Net
575,063
7,140
Divs.
-Earnings—
(& Subs.)
American Cyanamid Co.
■Dividend
39,435
profits tax
exc.
Mach,
and
Property,1 plant
Total
472,116
1,471,101
1,931,000
consolidated..
(parent
2,151,123
advances—
common
Accounts
42,293
Total income
Nine Months Ended Sept.
299,243
Elec,
income
undist.
From
Transportations Co.,
145; V. 167, p, 245.
1577 and
168, pp.
299,243
39,364
subsidiaries
of
the
merge
3.000.262
:
—a
ftOTE—For
Total
1947
$2,074,491
(ap¬
(current)
Internal
of
and
1
Of the latter amount, .approximately 45,817 shares would be
tissued upon conversion of present preferred of American Buslines and
'about 54,183 shares would be sold to underwriters for offering to
public—V.
24,936
Dr459,898
Atlantic City Elcc.
company.
the
and
subsids,
approved the sale of $1,300,000 of debentures
share of new preferred stock of the surviving
100,000
27,748,859
6,327,015
of
income
net
Gas L
also
stockholders
32,941,292
7,972,562
30
284,032
2,232,746
cost"
tPatents, licenses, developments, goodwill,
Prepaid insurance, taxes, etc..
Undlstiib. net income of
Ne\v Fi¬
to
2,375,608
568,652
*
♦
consol
Income
approved
6
58.353
410,563
24,936
stocks
common
on
Co.
'
•
Nov.
on
into its principal subsidiary. Burlington
under the name of American Buslines Corp.
company
The
'*
■
,
SEPT.
$3,568,045
amortized
at
under
American
219,386
tax
3ept. 30 totaled $33,930,000 as against
$27,355,000 at the beginning of the year.—
.
of
(19,494
com.
American
$74,257,166 $67,679,113
Buslines, Inc.—Consolidation and
BALANCE SHEET,
hand
receivable from
Accounts
Stock
"After
at
f
prov.
2,462,384
698,330
Co.)—,.
Undi.strib. net
'
.
back
1,437,235
by A.G.
(own,
E.
Undist.
168, p. 1246.
•American
taxes
—
stks,
31, 1947.
orders
of
hi
...
for
earned
$193,250
of
Inventories
72,611
775
$0.61
237,846
applicable to profit
467,798
539,430
(current)
for refund
Claim
29,796
264,286
$599,822
$1.45
194{i.
on
receivable
Accounts
2,252
—-—
Bal.
Sept, 30, 1948, and 995,507 shares
Represented by 995,563 shares at
NOTE—Unfilled
V.
27,279,942
pid. stocks
on
10,703,534
13,633,028
-
$32,450,000 at June 30 and
31,284,670
adjust.:—
Other interest & deduct.
Int. chgd. to const r.—Cr
Special clips, in Leu of
$1,457,941
$1.15
.
of
1947
market)
receivable
Notes
plant
elec.
ex
subsids.
at Dec.
2,273,200
long-term debt-
on
19,565,100
15,377,487
—
—-
—
——
■
2,292,246
acquisition
2,706,427
382,122
i
,4—— ———-
——
10,119,630
income
Amortiz.
$6,407,745
2,834,338
437,122
«■-«•
stock
surplus
11,917,080
11,821,501
,——
$1,158,303
share—
equity
securities
proximately
139,777.077 118,208.043
59,179,192
47,045,747
167,865
net
Gross
19,638,600
—.—
•
surplus
Earned
12,555,681
12,443.785
,
taxes
-
Common
Capital
13,589,241
income
Divs.
$3,350,000
8,465,968
—
stock* ($100 par)—
preferred
taxes
Other
$74,257,166 $67,679,113
—
——
payable to banks.,
_—
Accounts payable and accruals—!
:
U. S. and Canadian income taxes—
4</e
1,086,928
1,049,111
952,009
income
Transportation, gas and
LIABILITIES—
Notes
Reserves
1,171,670
945,711
1,068,102
tax
130,000
1948
and
banks
Marketable
9,289,960
Operating
14,770,002
2,035,000
1,037,309
1
1,640,059
30,996,506
1,640,059
34,441,685
,
Total
Other
$6,769,290
292,980
10,137,966
.
reserve)—.—-——
tax refund claims—.—
i——
Deferred charges and sundry assets—...
Investment in subsidiary not consolidated—
Investment in Bucyrus-Erie Co. (less reserve;__
0.
11,458,685
iii
Investments
$5,902,131
r~
T—
—
-
(less
833,551
—
income
Federal
234,000
buildings.
$48,127 „iii
and
1947
Ca h
"k
$
8
1,043,611
Depreciation
in
1948—12 Mos.—1947
10.713,182
4,518,379
Maintenance
id
and
land
$729,822
234,000
stock-
com.
amortiz.
deduction
of
sale
$1,691,941
ASSETS—
$
revenues
to
common
and
*537/750
$1,392,308
.-tock,
CONSOLIDATED
12,316,733
5,795,390
Consolidated:
Subsids.
Operating
Operation
Sept, 30/48 Dec. 31/47
■
notes——:
U. S. Treasury tax
1948—Month—1947
19,361
317,285
321,742
undistributed net income of affiliate,
International
Cigar Machinery Co., in excess of dividends received
tnd included in vthcr income amounted to $206,261
in 1943, $86,609
Electric -Go. (& Sabs.)—Earnings-
Period End. Sept. 30—
avail,
per
*
1897.
p.
—
surplufe
earned
NOTE—Comprnv's
BALANCE SHEET
CONSOLIDATED
ASSETS
Receivables
168,
American Gas &
>
$1.05
C$0.9G
$2.78
$3.*.8
"On Sent, 30,
1947,. the old V/*"fr cumulative preferred stock was
redeemed'at $125 per share* plus £1.31'A per share being an amount
equal to accrued dividends.
If the latter amount had been paid as a
dividend instead of as part of the redemption price the earnings per
share of common stock for the third quarter and nine months of 1947
would have been 13 cents less than shown above.
.
the
that
plan.—V,
such
taxes—-
preferred
dc-proc.
"After
on
contemplated for the Issuance of any
434,695
twxes
to
r.n
income
"•Incl.
525,343
434,852
—
income
Net
plan shall become effective as of Nov. 30, 1948, pro¬
stockholders of American and of Franklin approve
proposed
vided
on
Dividends
Net
$744,726
postwar adjusts.
sale of land and b'/gs.
income
Net
$2,034,229
of rts, for
Applic.
such .shares.
2,166,000
1,825,000
572,000
,
income
Prolit
414,455
$2,657,228
330,068
income
Co.
355,879
190,830.
—
corporate
$330,271
$1,698,350
$2,466,398
:
profit
Totei 1
present plans nor are any
no
$19,329,178 $17,946,209 $10,801,199
16,862,780
16,247,859
10,470,92s
t
income
Federal
American Encaustic stock for Americanto its stockholders, its
of American-Franklinstock; in excess of $120,000.
rate of
plan requires the issuance of 811,321 ad¬
ditional shares of American's capital stock, which with the already
Issued
and outstanding 333,879 Shares of American's capital stock,
will make a "total outstanding of 645,200 shares. Application will be
made to additionally list such 311.321 shares of American stock on
the'New York Stock Exchange. Following consummation of the-plan
there will remain unissued 354.800 shares. It was thought advisable to
have such additional shares authorized and available for issuance by
American for
corporate purposes. The directors may authorize the
Issuance of such shares without calling a stockholders' meeting. There
The
Frclnadian° hie.'
Gross
Other
consummation of the
The
—...L
sales, exps., incl. taxes
Other
assets
—
583,965
as at
plan, shall distribute, as dividends
(over and above the 80,850 shares
the
Olean Tile
-
•
of
net
various southern cities through
and
Detroit
between
Cincinnati,
Total
fCost
/
1946
609,137"
"523,995
royalties.
and
-1947.
$18,805,183 $17,337,072 $10,217,234
—
Rentals
^
_
exchange
The
<b)
date
(& Subs.)—Earns.
1948
bded Sept 30—
Sales
the close of business oif the' effec¬
tive date of the Plan, shall distribute, as dividends to its stockholders,
all of its assets in excess of the amount of cash required to liquidate
in
full all of Franklin Tile Co.'s liabilities assumed
by, American
Nranklin Tile Cocpany,
<c)
Mom!/
,9
Tile Co. stock.
of American-Franklin-Olean
share
each
for
the agreement aince'all ground installations are
companies operate long-range 300 mph. DC-6 equip¬
common procedures.
following approval ol
available.
is 14 shares
Tile Co. stock
Machine & 'Foundry Go.
Aim
rate of American Encaustic stock for Franklin^
of American Encaustic stock for each share
of Franklin "Idle Co. stock.
\ '.'i
,
(bi
The exchange rate of American Encaustic stock for American
Franklin-Okan Tile Co. stock owned
by The Olean Tile Co., Inc.
stockholders is 3 and 2311/3300 shares of American Encaustic stock
exchange
The
(a)
From Miami,
Faso, Tucson,
proposed service pattern:
thfc "following
Atlanta and Birmingham via Dallas,, El
Los Angeles.
Also from New Orleans to the
Monday, November 15, 1948
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(2002)
"
1,577,992
1,333,141
stock—
common
17,396,429
19,149,225
system earnings
per
sh.
(12
com.
Hancock
John
stock
months;
of
City Bank of New York..
New England Mutual Life Insurance Co.—....
Massachusetts Mutual Life Insurance Co
:
The National
system earns,
Life
Mutual
Insurance
—_
—...
Co
,
1,500,000
2,500,000
3,000,000
5,000,000
$3.88
$4.27
$15,000,000
...A
Total
Cost <of
—
sales
173,294,849 156,397,867
116,260,812 106,069,137
and
23,504,515
4,942,248
8,447,542
964,854
2,1/75,000
13,287,791
4,800,000
10,294,571
4,000,000
8,487,7^
1,026,396
process
5,581,958
6,512,973
269,016
this,
'of
.
before
income
for Federal
Prov.
taxes
and
1__
income
on
foreign
taxes on
Income
company
on
income
Income applicable
Net
The
preferred and preference stocks
on
net
equity
does
above
income
net
of
income
or
share
per
of
of
—V.
equity
of
income
'
$2.73
stockholders
(as
will
approved
vote Nov.
and
30
on
For
Inc.—Merger Planned
board
of
directors
on
and other rights
as
For
the already authorized 400,000 shares par
its
rata
to
New
York
common
contain
the
sole
three
stockholders
corporation, solely
stock
of
shares of "common stock pro
The Olean Tile Co., Inc., a
total of 12,211
in
of
yCo.,
shares -of
will
exchange
for their
American-Franklin-Olean
Tile
Co.,
3,300
a
Pennsylvania
changed
IS),
with
the
American
stockholders of Franklin
(61
Tile
any
trine prior
common
stock
cf
The
at
(par
•
value
to Sept. 30, 1950, and thereafter into
time prior to Sept. 30, 1955, but
any
•
-
shares
17,043.9
Ohio
(par
4'preferred stock (par value
American will issue four shares of
value $25). These shares would not
of
Co.,
Finance
preference stock
"conversion privilege.
a
.
shares of common stock of The Ohio Finance
of 160,531.83
American will Issue-four-fifths of a share of its series A $1.25
preference stock (par value, $25) of the same series as
of 5% prior preference stock of Ohio.
;
Co,,
as the 100%
stockholder of Americanwill cause the latter company to be com-
American-Franklin-Olean Tile Co.
and
Franklin
Tile
Co.
♦
of preference stock will be on a parity with
outstanding 5% convertible preference stock.
total number of shares of The Ohio Finance
the exchange olfer, it is expected the exchange will be
the Ohio stockholders.
/
two
the plan of reorganization:
"
*
Co.
8G%~
or
new
series
accept
tax. free
-to
American
"more of the
Investment
Co. of Illinois operates 149
receivable totaling over $43,500,000 at Aug. 31.
in business since 1914, operates 24
receivable ot over $14,500,000.
1
Upon--completion -of- the
exchange,
Illinois becomes the third largest
j
Will he
:
dissolved.
As part of
■'
->
;
Tf
Co.,
Co.;
Encaustic
Tile
pletely liquidated into American Encaustic;
■
stock
be issued to ..the holders
These
the
^Praiyc] in-Olean
<
prior preference
American's presently
acquisition by American from Franklin Tile poM a
Pennsylvania corporation, of all of the iatter's assets (consisting, in
part, of 80,850 shares of American-Franklin Olean Tile Co. Stock),
subject to all of its liabilities, solely in exchange for 299,110 shares
of American Encaustic common stock;
f
! (.
(4) -Such 299,110 shares of American Encaustic "stock to tie ex¬
For
5%
convertible
corporation;
(3)
each
of
4y%°tr
For each
a
at
of
share
$100)
$i;
For the issue of
'
>-
shares of
.not thereafter.
(I I For an increase in the capitalization of this company, by au¬
thorizing 000,000 additional common shares with exactly the same
(2)
■
.
10,000
The
of
American
of
one
Sept.
of
each
Ohio Finance Co., American will issue four shares of
its series A $1.25 convertible preference stock (par value $25), each
share of
which Will'De" convertible into 1 !4 shares of common stock
24, 1948;. The plan provides as follows:
voting
<
special
a
following basis:
the
approving a plan of reorgani¬
adopted by the
,
previously
$100)
American Encaustic Tiling Co.,
zation
$2.63
net
companies—-..;.
1685.
168, p.
The
$2.04
$3.78
undistributed
in
associated
Illinois—Merger, Etc.—
25 announced a proposed exchange
The Ohio Finance Co. of Columbus,
announced, American Investment Co. of Illinois has
meeting of its stockholders for Nov. 23 to increase
!the ""authorized" capitalization from 300,000 shares of preference stock,
par $25,
and 1,800,000 shares of common stock, par $1, to 500,000
shares of preference stock, par $25, and 2,500,000 shares of common
stock, par $1. American then proposes to offer to the shareholders
of
The Ohio Finance " Co. 236,601 shares of its preference stock on
As
7,199,544
10,353,762
common
income of associated companies—--.
Inclusive
The company, "which * on Oct.
its shares- for -the shares of
called
stock based
on average number of shares outstanding:
Exclusive
of
equity in undistributed net
income
1793.
'
'
1
50%
able to common stork would be increased to__
Net
p.
•Ohio,, on Nov. 8. announced the basis of the exchange. •
of
owned).
Including such equity, the net income applic¬
(499/
companies
168,
a
American Investment Go. of
,
the
include
not
undistributed
the
in
associated
stock—!
to common
of
1-100's
of American
share
oach
on
■dividend.—V.
Net
Dividends
distribution
Atlantic City common as regular quarterly
Gas common, and the distribu¬
share of Atlantic City common as an extra
of a share of
2-100's
dividends
of
this way: 25 cents in cash and the
will be paid in
dividend
tion
remaining
Atlantic City Electric Co. common stock. To do
expects to declare two dividends, one to holders
Nov.
10 and one to holders
on Feb.
9, 1949. Each
of
shares
the
record
,of
Net
approved of company's plans to dispose of its
The SEC has
6,294,571
712,613
7,461,395
depletion
development expenses-.-:.Interest charges pn funded and other debt
Employees' pension funds_:—
■
and
Depreciation
Research
7,986,005
1,068,403
2,575,000
25,603,865
Selling, administrative and general -expenses
Shs. of Atlantic City Electric Stk.
To Distribute 269,016
'
'
serving over 300,000 customers through
132 cities and 17 States,
Its total
will exceed
$58,000,000.—V. 168, p, 1897.
are
and its parent, United Light .fe Rys.,
Commision dated Dec. 30, ip47, in connection
at $33 -p£r share, during a 30-day period
following a date fixed by American Light, all shares of its outstanding
preferred stock tendered pursuant to an offer to be made by American
Light for that puVpose.
;
"
The not66 will be in registered foim and issued under and entitled
to benefits oi an indenture between American Light and National City
Lank ol New York as trustee, and arc to be dated as of the date> they
are
certified to the trustee. The-notes are to mature in aggregate
principal amounts of $500,000- annually during the first five years,
$1,000,000 annually during the next four years, and $8,500,000 at the
end of the tenth year.
The notes are tq. bear interest at the following
rates per annum: those maturing in the years 1949-1953.
both inclu¬
sive,^!'/; those maturing in 1954-1955, 3% I those maturing in T956,
3^2% ; those maturing in 195-7, 3%-%; those maturing in 1958, 4%.
The notes are to be subject to prepayment in whole or in part at any
time at the option of the company on 30 days' notice at the principal
amounts, plus accrued interest and plus a "premium of certain specified
amounts.
All prepayments are to be -applied to the reduction of the
principal amount of the notes maturing in 1958 until the aggregate
principal amount of such notes outstanding has been reduced to
£1,000,000 after which the company may choose whether to prepay the
notes in the inverse order-of maturify-or to reduce proportionately the
principal amount of all notes piaturing after the date of such prepay¬
ment.
Each prepayment is to be applied, ratably to all notes of the
plan
1948.
Investment
Co.
of
its 173 branch offices, located
personal loans and discounts
American Light
by
offer
to
purchase
•
designated maturity.
If the-amount-paid
American-Light to purchase shares of its
pursuant to the proposed offer shall be
difference between $15,000,000 and the
amount so paid is to be applied to thp ratable prepayment of the notes
maturing -in 1958. In such case the prepayment price is to be the prin¬
by
outstanding preferred stock
less
than
$15,000,000, the
cipal amount plus accrued interest from the date of prepayment, plus
a
premium of v-> of 1% of the amount prepaid.
>
The notes
are
to' be secured by a collateral pledge of (a) 100%
cf the outstanding common stock of Michi¬
Consolidated Gas Co.; (b) 100% (220,000 shares, $100 par) of the
stock of Michigan-Wisconsin Pipe Line Co.; and
(c) 99.77'c
(l,llG,232Vc shares, $12 par) of the outstanding common
stock of Milwaukee Gas Co.
The application states that these ^securi¬
ties have been made available for this pledge by consent of the^aanks
(3,330,569 shares, $14 par)
gan
outstanding common
who
are
parties to the Existing loan"
dated Nov. 24, 1945.
agreement of the United Ligtyt &
Railways Co.
*To
on
by
American
the
,
with notes
The Ohio Finance
branch offices, and has notes
filed
approved by order of the
with
offices,
personal loan company in this oountry,
In
application states that the proceeds from the sale of said notes
to be used in accordance with the provisions of the Section 11 (e)
The
Dispose of Last of Detroit Edison Co,
Dec.
30.
1947,
the SEC entered an order
Stock-
approving a plan filed-,
Co.,'-
American -Light and its parent, United Light and Railways
provides, among other things, that during 1948 American Light
Which
sell such shares of Detroit Edison as may
be
required from time to time in connection with its investment in
Michigan-Wisconsin Pipe Line Co., a subsidiary,
and to distribute
shares of such stock as 'dividends on the common stock Of American
will
apply for permission to
Volume
168
Number 4751
THE
*
Light, and that during 1948 American Light will dispose of all
interest
blocks
in
of
January
shares of
has
Detroit
such
consummation
Detroit
shares
said
Edison
for
of
requests
that
step
sell
to
proposes
now
to
be
made
will
period
will
be
opened
on
about Nov.
or
shares
Net
Gross
National
paying
the
under
indenture
dated
of
as
Nov.
1,
1948.—V.
Sorg
granted
at
members
of
Alkaline
the
Salt
Workers
has
local
Union,
new
contract
of
Mine,
the
Mill
reopening
effective Dec.
rates,
wage
with
&
union,
affiliate
an
Smelter
1,
Workers.
of
the
to
414,
one
provides
^ar.—V.
For.the week ended
this
423,000
—V.
kwh.,
168,
Nov.
4,
amounted
company
to
the
week
of
preferred
be
the
American Seating, Co.
Dec.
not
date
12.14L047
operating
cash
Sundry
v.
162,489
$399,101
.
6,249,357
1,098,998
137,740
>-
82,316
Fed.
payableT_
97,484
$526,308
29.493
—
taxes
income
"$468,298
32,950
507,000 '
(est}__
be
CONSOLIDATED
'
.
Customer
accounts
25,239
$291,790
Prepaid
v.
SHEET, SEPT.
-
,
•
.
to
receivable—less
of
30
the
to
Other
1948
1947
3,379,345
2,368,242
3,660,161
life
2,740,334
with
1948—12 Mos.—1947
'
$18,121,063
J.2,037,788
135,055
.2,430,211
97,288
120,581
r
1,431,294
126,854
27,520
.
1,995,509
97,075
Operating
Other
1
income-
$800,000
payable
for
Common
income
$329,800
$4,700,157
$4,266,753
3,093
1,138
26,983
to
1
$392,855
$330,938
$4,727,140
Capital
insurance
company..
value
par
surplus
Earned
and
1,
203,431
*
~
*>
Nov.
8,
—V.
125,000'.
758.734
.
$4,287,555
.
♦'
758,734
111,216
$272,151
$219,722
1,326,661
_
$9,816,346 '*
its
Donora
:
at-competitive
bidding
-
issue
bid
a
Inc.,
Viscose
«
sales—'.
Income
from
Interest,
Other
$
t
62,221.608
,
oper._:.__
50,849,892
15,096,186
earned-
„
Profit before prov. for
income taxes____^_
for
26,510.957
estimated
15,245,748
-
10,432;631
'
taxes:*
State-
Federal
,.
.
.
.
"
6,305,050
'
258,600
1,376,279
profit-i
cf
»
38,349,438
4,330,450'
Earned
'-
2,047,854
share./—-
per
6,504,298
shares-
common
'
:
$4.01
CONSOLIDATED
5,843,581
2,047,854
11,896,787
$2.71
BALANCE
and
insurance
ferred
Other
"
accrued
76,070,lli
19,750,423
items
assets
premiums
and
—
and
other
de-
—
27,558,513
investments
—_
patents and processes, at amort, cost—
bidg.s. and equipment, less reserves for
depreciation
Accrued
wages,
Estimated Fed.
Capital
Jan.
2,
1948
__J
taxes__
taxes
on
stock
.
surplus segregated
Earned
surplus.
as
a
general
reserve
—
would
Total
,
Klingrose
order
be
.
Commercial
'
and
51,902,656
12,441.618
provide
to
42,000.000
Nov.
be
ip
local
telephone
has
he
been
year
the
war,
of
in
said,
ipiproving
the
doubled;
•
■
of
this
at
sale,
overall
than
more
approval of Crosley
in Louisville, Ky.,
a
Avco
price
of
is
Broadcastwould
subsidiary.
$1,925,000
Awarded*
add
been
have
$32,000,000
Liner
the
and
42,000,000
53,521,314
from
Net
ry.
for
From Jan.
Gross
from
liners
-
of economy
168,
'
and
contract
is
of
crew
a
with
long
scheduled
beam
a
162
for
at
of
speed
a
August,
under
73
also
includes
construction
-
-
-
of
new
feet.
of
of
one
Its
tankers,
type
They
knots.
19
1950.
Shipbuilding, located at Camden, N. J., is
largest producers of naval and merchant vessels.
■
*■
be
in
that
name,
offer
Wis.,
the
license
web-fed
*"
tile
61
or,
all
exclusive
Henderson
others
printers
in
rights
to
1947
of
use
'
,
The .stockholders on Nov.. .15
subsidiaries—the Baltimore
Inc.,
for
-
.
Ohio
stock
with
B.
&
.
J
/NOTE:
Dana
135
On
S.
'
A
the
76,046
50,042
&
.Chieafeo
Baltimore
of
17,171
which
&
Ohio
since
Springs
the
RR.
Co.
management
Southwestern
Jan.
is
&
of
West
Virginia
to
proposes
merge
1,
RR.
Co.
has
1916.
been
totally
owned
*
*
Webster
Springs
r.yust
^
tc'the
has
not
been
deposits.
V.
108,
before- the
RR.
be
for
ratified
for
deposits
1794.
iine
Net
Grdss
$35,000.
owner¬
now
is
years,
.are
being
underlaid
surveyed
with
for
large
coal
& Western Ry.
-Earnings—
1948
1945
$542,766
$551,788
196,606
128,371
163,146
66,688
income
1946
$612,611
173,493
;
1947
$621,484
i
railway__„_
railway
235,278
31,801
"23,048
Jan. -1—
from
from
Net
ry.
railway____
railway____
7,396,921
6,558,283
6,618,061
7,529,816
2,903,017
2,752,827
3,022,883
3,617,157
income
1,353,325
1,523,100
1,200,242
.33,647
.
income
*
1946
$134,749
•
oper.
"Deficit.—V.
168, p.
732,332,
1478,
1—
1,355,185
340962
214,541
127
Beck Stores Corp.—October Sales Off 5.9%^-
1125308
545,889
348,433
income
1478.
*•
-
'
Period End. Oct 31—
317'
,
1948—Month--1947
Sales
'
$3 700,061
—V. 163, p.1578.
1943-10Mos.—1947
$3,930,950 $34,085,856 $35,120,624.
;■
Chronicle
.
account
Salle
of
the
fluctuations
In
the
rates
of
exchange,
-
remittance
for
foreign
subscriptions
and
advertisements
must
be
made
In
New
_
development.—
Seibert,
La
■
Under
Maryland law, this
by
the
stockholders.
The
territory
of the West Virginia company, which
several
from
from
direct
assume
—
Beaumont Sour Lake
\
can
.
Co.
four-mile
September—•
Gross
O.
&
purchased the entire capital stock of the Centralia
used
These
P.
B.
•
has
O.
"transaction
-n
required
th'.m-.
B.
.adjacent
52,232
33,985
Webster
"
by the B/ & O.
Net
1947
on
completely "integrating
Chicago RR. Co. and the
company have been operated under contract by the
parts ef its system .for mgjiy years. The Baltimore & Ohio
RR, Co. • became a B. & O. subsidiary on July 1/ 1909.
Net ry. oper.
$129,672
&
parent
as
Commission
)
1948
Ohio
RR.
Taking-these properties into direct ownership will enable the B. & O.
to simplify its capital structure.
Approval of the Interstate Commerce
•
$180,093
A
will'vote
&
Co., in the parent corporation.
purchase by the B. & O. of the entire,
the
of
Central!?,
sought.
& O.
The
the
Bay—Earnings—
approval
the
of
also
Southwestern
The, Lvio. subsidiaries
presses."
from
&
Stockholder
a
of
Henderson
.
$1.61
*
$626,754,
was
,
Iwp
manufacture
the
Income
period.
Baltimore
Cylinder".fetching Equip¬
the
net
1948,
per share, on
net sales of $4,707,299, compared with
or„G8 cents per share, on net sales of $4,278,218 for the
Net sales for the nine months of 1948 are the
largest in the com-paoy's.history., The third quarter*sales were the largest of any quarter
to date.—V. 168, p. 843.
"
thoroughly
of__cylinden
acquired
$1,69
:
quarter -endingt September,
<jents
,
'
the .steps
has *also
1947
$12,932,458 $11,393,292
1,735,878
1,644,522
.Baltimore & Ohio RR.—rPlans Merger of Subsidiaries—
^
Founders,
for
of Crosley
'
income-
ship
rotogravure
gravure
include
Founders
Neenuh,
to
American Type
to
would
Type
own
rights
of
multicolor
posi'lion
a
Corp.,
its
of
outlet
1948
sales_.
$696,297,
-
Expands—
Babbitt, Inc.—Earnings—
Scpt.: 30—
Net
For
-
pnei- simplification
-
Vice-President and: General Manager of Crosby Distribhas been elected a member of its board of directors.
corporation
(Reg. U. S. Patent Office') William B. Dana Company. Publishers, 25 Park Place, New York 8. "N. 'Y„ REctor 2-9570.
Herbert D, Seibert, Editor and Publisher;
President;'. William "D. Riggs,, Business Manager.
Published twice a week
[every Thursday (general news and advertising Issue)
with a
statistical issue on Monday).
Other
St., Chicago 3. 111. (Telephone State 0613);/ Drapers' Gardens, London,
E. C., England,
c/o Edwards'& Smith./
Copyright 1948. by William B. Dana Company.
Reentered
as
second-class matter February 25, 1942, at the
post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U. S. Possessions. Territories and Members of Pau*
American Union, $35.00 per year; In Dominion of
Canada, $38.00 per year.
Other Countries, $42.00 per year.
William-
offices:
the
current
submarnes
-
Earned per share__
•'
818,023
p.
the
feet
York
Net
.>
*-'
/
•
1794.
p.
(N. J.)"-^-Unit
railway--
oper.
168,
536
passengers
of
(B. T.)
Aug.
1,779,396
—V.
be
builds
service
Net
Vy,
will
is
Lines
President
Nine Months Ended
Ry.—Plans to Merge 16
approval.
interest
railway—
railway
cper.
ships for American
$32,000,000 contract.
is the New York metropolitan area sales
Avco's Crosley Division and-accounts for
approximately lO1^
sale3.^»V. 168, p. 1578.
9
operating 3,143 milps of trackage,, are
The proposed consolidation, the applica¬
Division
sale
American
the
Avco associated company,
an
passenger-cargo
223
.
of
As
-
structure.—V.
Gravure
to
■
new
Bert Cole,
utlng jCorp.,
same
facilities.
its
California.
in> Sonthrn
from
Net
;
Financial
the
Shpbuil'ding Corp.,
cruisers.
The
,
bidding
toward /th-.? "financing
applied
Santa Fe
parent.
equipment
and
Gross
222,166,666 201,188,322
1246.
$11,000,000
result,
a
fiscal
end
to
Halse.v, Stuart & Co.
Jackson & Curtis, 101.0029
improvements** to
is
company
involved,
corporate
s
September—
5,488,946
12,441,618
interest
Net" from' railway
168, p.
the
since
than
WHAS
properties
of
Shipbuilding
York
From
21,764,597
51,472,556
;
Earned
and
Atlanta & St. Andrews
12,021,337
27,779,209
income
Capital surplus—
The
*
"6,734,109
73,646,614.
State
Fe
manufacture
ment
2,047,854
8,092,560
vacation pay and misc.
and
4
--
bonds, due Nov.
competitive
Webber,
communities
by the
Kimberly-Clark
and"sell, under
88,156,132
L
Offered—
were:
Intaglio Halftone Process.—V. 163, p. 1573.
*
—
said,
In
*
payable
payable...
and
companies
production,
-222,166,666 201,188,322
LIABILITIES—
Dividend
Accounts
at
received
will
Commerce- Commission
integrated
1,333,465
92,101,912
said
additions
the
of
the
)
——_—
and
Edward G.
Willianu, President
of American Type Founders', Inc.,
Elizabeth, N. J.; has announced purchase of the assets-of the Klingrose
Machine Carp., Biooklyn, N. Y., which will hereafter be operated as
675,556
-1,175,353-
Bonds
—
.
ATF, Incorporated
176,753
972,715
_
$2,666,3o5
callable'•at
cities
the
365,481
Land,
Total
The company's
that
......
carry
The
-
-
.
Rights,
tion
67,375.195
15,912,708
,
Ltd.
group
bids
Paine,
bond
for
business
the
Santa
$
interest—1__
3?8s;
the
arc
wholly owned
$6.67
31,730,670
securities—^.^
and
1947.
Commission
station
of
the
to
details
Y.
business
projiosed merger of 16 of the company's subsidiaries in the South¬
into
two' operating companies was submitted on Nov. 9
to the
All
w-
$
marketable
station
nation's
31." 1948, a total of 306.520 telephones was served: For the* 12 ;nouth«
ended Aug. 31, 1948, the company
reported total consolidated operat¬
ing revenues of $13,874,ICS and consolidated net iucome-of $1.58$,039.
west
Dec, 31/47
Inventories
Prepaid
$11.36
Sept. 30/48
receivable
15,
Acquire WHAS—
fwrchase
other
New
608,609
,
2,047,854
"
*
31,
certain
A
14^49,382
2,047.854
SHEET.'*
ASSETS—
Accounts
24,132,822
'
from
bonds
Interstate
Net
the
Other
Topeka &
Subsidiaries—
703,900
*
for
to
Atchison
-
'■
*
436,400;
'
May
on
Communications
three
will
is
*27;150,069
-
,
«ome
10
recently-awarded
$3,274,974
Giving effeet "to the present financing the company-will have out¬
standing funded debt of ;$24.368,000;
580,312
shares
of --$20 .par
preferred stoe'e and 583,P54 shares of common st(?ck,-"-V, 168, p. 1686.
325,291
•"*
in-
-
313.821
-
*43,858,539
101.68;
$24,600,000
The
144,666,8-11
54,910
'
$3,400,479
608,609
any time at
105,38" up to and including
1949, and thereafter at prices from 105.19-to par-on or
after Nov.: 1, 1977.
" 1
r
"
*
'*
in
"
393,001" "
-
-
__
'
>
*
Frov.
"*
'
income
.
,
Co.,
.
over
-
43.410,628
" 110,172
<
;
company/?. construction program.
During 1947 and the first
months, of 194.3 the company expended «n er „$22,OOO,0OO, and
curing the
16-montlr period ending Dec.
31,
1949, plans to. spend
on
178.667,732
10,322,459
-149,562
period
33«s.
•
1948—9 Mos.r-1.947
'>'"$■ ■**'"'v
'»•
$4,052,682;
.,
.
awarded
eight
:
1948—3 Mos.—1947
V
v
Ing
the
of
Corp.—Earnings—7
*
the
for
Telephone
was
of
Proceeds
*
Oct;
American
etc.,
;New Directors of Sales Outlet-
101.42991
The
Period End. Sept. 30—
pfd, (stocks
$2,791,'870
168. p. 1794,
Tlie
on
The company's new debentures
will be of 25-yCar maturity and they
will be issued up to the full
$150,000,000. Official? of the .company now
'plan to put the big issue up for award
-
to
1," 1978, were priced at 102.38 and accrued
yield approximately 3.25% to maturity.
Zinc
for
1897.
appl.c.
series E first mortgage 3%% bonds. The
American Telephone & Telegraph
Co.—Debentures—
p.
12th
a
1,012,581'
White, Weld & Co., Kidder, Peabody & Co. and Shuman,
& Co. on Nov. 10 publicly offered- $6,000,000
Works, which
voluntarily -on Oct. .31- pending outcome of the investiga¬
tion by health authorities into the recent fatal smog.—V. 168, p. 642.
1G8,
in¬
30.
Completion
______
Agnew
closed
7—V.
goodwill, patents,
total, $33,304,431.
Emanuel, President, disclosed
corporation has reinvested more
The
120,704
income
Associated
2,750,733
$11,784,765.
reopened
$11,966*375;
cents
and
Nov.
on
New
-
American Steel & Wire
Co.—Reopens Donora Works—
on
$1,315,727;
$5,404,077;
Contract-
3,778,615
* 3,527,539
1937___
—_______
company
$154,597),
reserve
completed.
de¬
Balance
."$125,000 due annually beginning July
15, 1951.—V. 168, p. 837.
This
Government securities,
(less
have declared a dividend of 25 cents, per share on the
payable Dec. 15 to holders of record Nov. 24, 1948.
with 15 cents paid on May 24, last; 20 cents on Jan.
stock,
fN.
_
other
(net)
Dividends
630,000
...
______
' 3,778,615
Total
Net
360,269
660,563
1,000,000
.
(221,062 -shares)
_
surplus since Jan.
1948
■
„
379.563
790,363
contingencies.!—'-.
no
S.
30,
^
CBC May
20,802
(net)—
income
Interest
$830,000
428,951
etc._L_
T
stock of
U.
receivable
SEPT.
in
lag- Cdrp.'s
a
345,000
$389,762
additional
on
•
Federal
■
48,588
$9,816,346
L
payable
Reserve
interest
.
and expandng
its plant facilities.
As
productive capacity of the corporation
1,027,334
335,095
28,750,
$45,416
payable.
Victor
All
-
and
deducting $214,000 Federal tax credit
profits credit.
""Includes income
in amount of $413,423 and after deduct¬
excess
notes
on
charges, $166,938;
2,. 1943,
1,322,414
163,309
unused
$14,810,945),
compares
ends
retire.
or
of
refund
HAfter
years.
notes
The directors
1,710,160
2.__i
$3.53
Avco Manufacturing Corp.—Declares 25-Cent Div.—
9,449,407
190,479
tlncludes
1139.
p.
-V. /:
$22,930,054
_
________
ductions
payrolls, commissions,
of
this
965,081
$336,490-
$2.16
etc., of $45,822, less $52,683 interest on
depreciation and amortization.
^Includes
pension trust, $2,052,871),
$382,433; reserve for contin¬
$928,787; 4','o
cumulative convertible preferred
stock, $100(outstanding.after deducting 30,012 shares held in treasury),
$6,839,100; common stock* (264,563 no par shares), $8,818,764; capital
and paid-in surplus* $1,062,061; earned surplus, $8,789,802; common
stock in treasury (6,250
shares), Dr$172,831; total, $33,304,431.—V. 168,
the
$1 ,706.121
$106,952
$4.92
investments,
par value
and*improve¬
-
$881,859
$2.91
:
LIABILITIES—Accounts, payable, $1,339,557; accrued liabilities, $971,C47; estimated liability for Federal taxes on income, $1,066,224; divi¬
dend accrued on preferred stock, $45,594; notes
payable—due 1950-1955,
$3,000,000;
insurance reserves, $233,243; reserves for pensions
(less
amount
notification
and
aefe.rrcd
V... 168,
See
-Earnings—
1948—Month- -1947
appropriation
for .lease of plant
(net)
161,433
51,082
taxes
'
tion
-
2,611,8-21
185,000
*129,629
-
payable
"Notes
-V.
before
-or
from
pom._
"
2
insurnnpe___
Accrued
Cash
on
on
ASSETS—Cash, $3,103,656;
938.
p.
387,462
ventories, $6,795,132; investments. $499,844; land, $1,442,985; buildings,
machinery and equipment (less reserve for depreciation and amortiza¬
*
Accrued
No.
168,
257,233
577,260
$1,472,841
205,173
""
taxes
$11,784,765
Accounts
.
stock
additions
of
245,449
449,620
prior
accounts
a
..
Notes
Net
stock
corporation' oh
1,132,316
exsl; taxes.
taxes
Rent
-LIABILITIES—
'
construction
$1,179,993
f
CONSOLIDATED BALANCE SHEET,
preferred stock
entitling the holder to
of
$802,021
$957,240
205,173
.
termination of contracts
gencies,
-letter
a
$4,449,409
t3,278,416
250,000
for 'renegotiation
share
$2,030,674
revenues
taxes
Gross
Dec.
the
for
reserve
*
Total
was
filed
$885,021
5183,000
carryback
par
Inc.—New
25
987,000
ing $20,222 interest
right
$10
one
Exchange stated.
Curb
$2,709,841
555,000
sh.
for
to
from
corpora¬
the
of
the
common.
company's properties.—V.
deprec..
Prop,
$869,023
4 453,382
reserve
of prior years Federal
miscellaneous assets-'
value
tae
Co.,
Aug.
on
pvovide*funds
Operating
"$521,725
$845,993
-
■
refund
and
surrender
its
of
of
warrant
Arkansas Power & Light Co.-
"
'
_
_.
Estimated
this
due
,
Federal
Inventories,, estimated, tper books!
Land, buddings, machinery and equipment (net)
Cash
later,
Edison
Period End. Sept. 30—
BALANCE
•
:
share
of
announced
Oper. exps.,
.
provision
'
.
preferred
The
the
of
share
$1,512,240
tax
$364,605
common
151,000
$328,386
,
"ASSETS—
each
purchase
a
held.
stock
common
with
$4,402,090
47,319
payable,
This
*
"Loss.
Cash
shares
common
the
ana
will-issue
company
ments
*
'
notes
28,189
50,568
54.896
income
The
covering the sale of 24.000 shares ($5 par) common, stock, which I
to be
offered
at
$12.50 per
share.
Refsnes, Ely, Beck & Co.,
Phoenix, Ariz., were named underwriters.
'Proceeds
of
the
financing was tc be used to repay bank loans 1
and
$1,419,775
__
notes
on
with
stock
issue
new
a
114,163
dividends......
per
SEQ
44,891
charges
for
that
common
of
*"*431,671
Surplus
was
79,569
income.
Sundry
Net
"$565,782
.
"
Interest
Prov.
_
iii excess of
value.,
income
Total
•
profit
recovery
surrender
3'/2
into
basis
80/lOOths
will
The
Net
advised
its
"Dr6,861
contingencies..
/Income
,
1946
"1,361,363
169,816
$1,34(1,206
depreciation—
Life insurance
of
shaves
(net)____
Jncome__„.___
Earns,
Vice-President,
Financing—The com¬
pany
in August placed private^ with Northwestern
Mutual Life Insurance Co. $1,000,000 first mortgage ZVz% |
bonds, series 2, due March 1, 1974.
The company also in August sold to three insurance
companies $1,500,000 4% debentures due June 1, 1968.
$6,920,313
9,022,082
1,863,613
—
Selling and administrative expensefor
and
1898.
p.
year.
(& Subs.)-*-Edrnings—
5old___
sales
has been
to
32,464.984
$770,858
Preferred dividends_T__-
31, 1350 at a price to be determined in advance of the offering.
subscrlpt'on offering will be conditioned upon the purchase by
underwriters
of
at
least 25,000
shares of the preferred stock
subscribed
for
by the corporation's stockholders.
The ex-rights
the
last
Sept. 30—
'
1948'
"
1947
sales, less returns and allow. $15,514,682 $10,945,035
Cost of
Vice-President
holders
share
21,748,383
$2,278,170
income
Common
Raphe! were formerly
former as Vice-President.
the
to
per
cacn
share
purchase
1577.
for
convertible
for
corporation
one
The
9 Months Ended
Provision
52^,197
Mr.
Exchange
offer
$10
28,221,479
$1,519,101
income
for
•Net
1898.
and
$36,867,074
,
1,045,150
71,983
the association with it of Arthur F. Selden
the
Inc.,
Curb
to
at
Arizona
Gross
446,108-
-
Prov.
/
1897 and 1794..
pp.
corresponding
435,213
Executive
as
Selden
Co.,
proposes
will
1948 the System inputs of subsidiaries
242,856,000 kwh., an increase of 24,-
or-11.18',over
1,106,102
announces
York
New
subscribe
of
] American Power & Light Co.—Weekly Input—
of
1,538,935
719,506
Raphe!
Mr.
,
Printing
share
Union
for
168, p.
24,974
4,595,386
cumulative convertible preferred stock at the rate of
two-year
a
International
CIO
agreement
The
the subject of wages after
on
embodied in
were
8,340
4,407.113
Argus, Inc.—Rights to Be Given Stockholders—
tion
been
the corporation's Trona plant.
The
■
to
increase
wage
A.
1945
.
.
30,927,820
income
Gross
taxes
Corp.—Wages Increased
board
the
across
33,578
5,667,868
p.
■'
1946
62,486
168,
The
11-cents-an-hour
$457,211
50,352
100,229
Federal
company
Donald
respectively.
i
American Potash & Chemical
$498,867
1947
profit_____
oper.
Other
Appeal Printing Co., Inc.—New Officials—
1794.
An
f
Net
86,036
income_
oper.
This
Bank of New York has been named trustee,
registiar
for
$15,000,000
collateral
trust
notes,
trust
ry.
and
City
and
agent
issued
p.
sold, de¬
livery and other exps,
1945
6,719,844
/'Corrected figure.—V. 168,
'I Trustee Appointed—
The
tCost of goods
3
Subs.)—Earnings—
1948
$32,446,921 $30,499,649 $22,519,241
___
1—
railway
Tai".way______
from
Net
1946
$615,032
187,688
from
Net
1947
$778,792
.
income
ry.: oper.
From Jan.
,
1948, .except
be disposed of.
The appli¬
for invitation of bids be
1948.
16,
1948
Gross
provided
shortened from ten to six days, and, according to a time schedule
specified in the application-declaration, it is contemplated that invi¬
tation for bids will be
published on or about Nov. 10, 1948 and that
bids
. 9 Mos. End. Sept. 30—
Sqles i
;
$5,217,950
1477.
p.
Septemberfrom railway
Net from
railway^/
at
Nov.. 1,
on
168,
$7,067,612
Atlas Powder Co. (&
>
1948—9 Mos.—1947
$675,270
(2003)
Ann Arbor RR.— Earnings—
•
Detroit
of
the
CHRONICLET
.
■
the
in
$1,058,022
—V.
slock
tommon
further
a
1948—Month—1947
Sales
,
which will be owned by American
further dividend distribution to common
a
Light
the
As
Light
one-half share of such stock which
cation
Period End. Oct. 31—
ih
FINANCIAL
Angerman Co., Inc.—October Sales 56,7% Higher—
t
two
stock
stock
common
American
Edison
Detroit
shares .of the common stock
to be Sold constitute all of
proposed
Light after giving effect to
the
of
American
plan,
192,734
shares
stockholders
sold
previously has
Edison common
stockholders.
common
bidding,
Edison.' The
of
in
its
of
Light
Detroit
of
respectively, and a third block of 190,000
September, 1948. In addition, American Light
103,312
to
American
each
1948,
stock
distributed
competitive
shares
April,
dividends
as
Edison.
450,000
and
its
of
COMMERCIAL &
York
funds.
,
;
-Earnings—
Birelow-Sanford Carpet C< Inc.
Net Sales
—0 Months Ended-—
—-3 Months Ended——
.-Period—
'Net
Oct. 2, '48 Sept. 27,*47
Oct. 2, *48 Sept. 27/47
$19,414,282 $15,309,471 $62,174,438 $43,738,474
1,296,962
1,014,303
3,704,296
2,489,682
—.
profit
—
$1.58
,
$5.77
$3.83,
and Federal income taxes. tBased on 621,218 shares
presently outstanding after giving effect to recent 6tock split-up.
+Earns.
168,
1795.
p.
der, Peabody & Co. reoffered the bonds Nov. 12 at 100.50
and interest to yield approximately 2.975%.
will apply the proceeds first toward payment of $2,950,promissory notes and use the balance to finance additional
Company
000
of
construction
and for
costs
other corporate purposes.
12 Months Ended Sept,
—
268,104
252,979
68,126
Maintenance
Provision for depreciation
Amortiz. of gas pit. acquis,
adjusts.
Taxes, other thaw income taxes
$3,473,567
1,297,683
833,920
142,660
207,383
267,353
68,127
received at the sale, ail naming a rate of 3V»%
were:
Eipley & Co., Inc., 102.046; Hie First Boston Corp., 101.8399;
Halsey, Stuart St Co, Inc., 101.6999; Coffin te Burr, Inc., 101.31.
—V, 168, p. 1899.
Other
328,298
Net
12,200
Dividends
$570,181
242,079
$638,708
—$505,831
$340 preferred stock
'
101,342
common stock-—-—
163,834
on
profit on salesSelling, general and admin, exps
Balance
—-—
$328,102
$398,150
101,342
163,834
$62,926
$151,834
bef.
$1,678,985
$1,195,186
53,361
128,896
224,721
(net)—
taxes-
$2,958,884
1,200,000
$1,807,881
740,000
$1,419,907
^
income
Fed.
275,882
*
—
taxes
$1,758,884
$1,067,881
-
-
months ended Sept. 30,
1948, this corporation;
portfolio revisions involving 19 separate preferred and
In addition, it reduced its holdings of U. S. Treasurybalance, the amounts invested in bonds and preferred
the
During
540,000
99,368
100,054
$879,907
100,054
dividends
450,000
337,500.
337,500
$3.69
$2.15
162,550
240,556
136,529
profit
Common
—_
share
Earnings per common
RESULTS
FOR THREE MONTHS ENDED SEPT.
bonds.
On
were
sales——i $11,035,576
net
net
$8,914,031
1,256,793
$2.73
738,282
$1.57
profit
—
Earnings per common share
038.
CONSOLIDATED BALANCE SHEET, SEPT.
decreased
and
amounts
the
invested
in
stocks
common
increased.
,
Securities added to the
portfolio were 3,250 shares of Public Service
Electric St Gas Corp. $1.40 preferred stock and the following common
stocks:
shares
1,000
Brake
American
of
Shoe;
shares
500
of
Co.;
shares' of
2,000
Phillips Petroleum
Co.;
2,900 shares of McLellan
Gypsum Co.; 1,000 shares of
Shamrock Oil & Gas Corp.,
National
shares
2,000
of
and 1,000 shares of Texas Gulf Sulphur
The following issues were eliminated:
certificates;
shares of
200
Service
Public
Co.
2,000 Electric Bond & Share
Public-Service .7% certificates; 1,000
New Jersey $5 preferred, and 3.000 shares
England
New
of
Atlantic Refining Co.
of
Increases
held on June 30, last,
during the quarter in shares
(all
follows
were
shares):
1,000 shares of American Gas St
duFont;
1,000 shares of Illinois Power.
Co.; 400 shares of International Paper Co.;
1,300 shares of Mead
Johnson Si Co.; 500 shares of Texas Co;, and 150 shares of Wisconsin
as
Electric
Co.;
common
Power
75%' of
shares
300
Co,
stock
total
of
holdings
assets
net
as
3ept,
of
compared
Largest holdings of common
stocks
1948
30,
with
71%
in
amounted to about '
months earlier.
three
petroleum,
public utility,"
non-ferrous metal and chemical groups, in that order.
per share on Sept. 30,
1948, was $10.42 compared
with $11.27 at the end of the previous quarter.—V. 168, p. 1141.
retail
Net
were
trade,
value
asset
30/ 1948
"
ASSETS—Cash,
Bishop Oil Co.—Earnings—
i
1948
$1,539,719
9 Months Ended Sept. 30—
1947
'
ciation,
$1,153,940
106,074
——
$0.57
profit after deducting all charges, including depletion, depre¬
cost of abandoned wells and leaseholds, and est. Federal
income
taxes.—V.
income
Gross
'Net
—
•
352,657
$1.03
profit Net profit per share—
-
•Net
accounts
receivable
(after
$1,353,050), $11,828,534;
inventories (at the lower of approximate cost or market), $3,495,832;
net current assets in foreign countries (919,000 restricted as to with¬
drawal under present exchange regulations), $2,522,758;
prepaid ex¬
Sales
$9,142,175
—
———
168,
$8,355,125 $64,615,969 $62,667,092
income
without
par
$4,038,789;
168,
*
1947
1946
$19,083,823 $17,053,284 $11,243,386
1948
sales:.
Gross
Net
—
*
allowances
Discts,,
sales—
and
——j.
Cost Of sales—
Depreciation
-
transport—
—,
-
—
Taxes other
than income taxes
Selling
admin,
and
exps,
Balance
Other
4—
—
income
for
Prov.
for other income
Federal
$2,071,860
Period End.
155,272
106,388
60,164
—
$1,714,796
taxes
85,000
$1,008,796
dividends--
Preferred
Common
Earnings per common
516,000
$11.21
share——
45,000
301,000
$5.28
Cash
and
Inventories
$954,832
$871,489
2,722,792;
28,396
$752,854
2,349,884
1,125,617
1,851,118
2,777,177
1
39,816
17,601
28,396
$10,768,616 $10,544,048
$8,942,464
securities-,...—..
1,704,867 :
receivable-.^..1,438,098
1,290,743'
accounts
—
2,651,408
—
2,222,244
/tLand; buildings, machinery,' etc.—
3,885,324
—I
' 88,089
Preferred stock (211 shs. of co.)—
17,601
Common stock (515 shs. of co.);
23,396
Patents
3,337,000
'
1/
—
.
Prepaid
" 53,782
expenses—
Total
—
17,601
6%
896,637
contracts
._•»
pfd. stock (par $100)—
stock (86,000 shs. of
value)
-j.
par
surplus——
Total
•After
750,000
750,000
4,300,000
4,300,000
3,764.686
4,212,482
„
—
2,819,338
$10,768,616 $10,544,048
$8,942,464
of
reserves
Brazilain Traction, Light & Power .Co.,
Month of September—
Oper.
earnings
from
est.
exps.,
deprec.,
amort.,
other charges
Estimated
Aggregate net
Ltd.—Earnings
1,485,000
2,741,000
2,188,800
389,682
1,421,455
376,522
1,319,268
1,906,592
5,862,394
5,583,122
7,653,653
—V.
——^$8,964,195
capital and
6,415,051
$7,930,923
revenue.^
5,735,738
revenue
from
Jan.
1_—
--
■NOTE—The operating results as shown in
average rates of exchange.—V. 168, p. 1686,
dollars
are
taken
at
Brooklyn Union Gas Co.-
Crll6,728
0123,885
0131,587
$7,063,826
6,727
$7,127,187
72,073
Operating
Operation
revenues
$7,993,766
5,055,982
;
Maintenance
763,698
——
Prov. for depreciation—
464,573
General
taxes
997,384
Federal
income
taxes
123,300
Operating income
Other Income
$588,829
(net)—
$6,396,687 $27,620,453 $22,699,192
4,630,682
19,342,504
16,001,842
648,589
2,214,145
1,931,259
427,608
1,363,938
1,267,045
970,276
3,130,163
2,865,092
Cr66,600
175,500
f$213,867
$1,394,202
$633,954
4,182
2,829
1,452
<Dr633
$591,658
315,360
't$212,415
315,360
Oti). int. & misc. deduc.
$1,393,569
945,740
$638,136
debt
54,767
33,308
152,784
on
long-term
Net income
—
—
$221,531
•Earnings per share
°a
p.
745'364
■
shares
t$561,083
$295,045
Nil
$0.40
$0.30
issued
945,740.
and
outstanding.
t$393,051
Nil
tLoss.—V.
1899.
168,
first
$4,000,000
mortgage and collateral trust bends due 1978
firm s bid of 100.15,
naming an interest rate of 3%.
on
the
Kid¬
$864,233
$441,223
641,386
641,386
$0.10
$1.32
641/386
$0.66
-
1943
railway
railway—
ry. oper.
1947
1946
1945
.
$3,062,858
$2,494,764
$2,429,640
$2,825,451
334,864
83,075
40,838
259,550
*113,385
150,906
107,993
income
525,812
Gross from
Net
137,174
*
ry.
28,218,969
3,717,663
23,630,628
1,536,457
23,659,039
1,513,025
29,313,247
railway—i
from
Net
income
1,442,340
*516,777
448,413
3,791,345
railway.,
oper.
•Deficit.—V.
appropriation—
serve
Operating income
Gross
Income
$5,443,386
...
1
income
Other
7,845
income
$5,451,231
income
Net
$7,057,099
1,485,282
1,739,989
deductions
$3,965,949.
Res, for net income-^..
•
Bal. to earned surplus
—V. 168, p.
;*
Central Illinois Xight Co.—Earnings186,934
$7,199,260 $10,023,692
2,011,552
2,644,899
period End. Sept. 30—
Gross
revenue
General
taxes
480,000
Federal
income
$4,957,110
$3,965,949
$7,378,793
$5,067%708
$6,898,793
.
Butler Brothers, Chicago—October Sales Off 3.2%-*Sales
1948—Month—1947
\
Divs.
directors
$3,180,016
$3,288,048
562,960
562,960
764
764
deductions
Cr24,118
Cr534
9,189
Crl96,549
5,171
income
$161,206
$138,904
$2,804,436
$2,710,748
41,803
41,802
501,606
501,606
$119,405
$97,102
$2,302,830
$2,209,142
long-term
,
1948
1947
1946
$143,661
6,180
$138,562
$114,226
52,887
90,802
52,933
72,882
31,219
47,715
1,111,888
1,216,038
7,238
1,011,476
railway
railway
income—
oper.
Gross
from
Net
from
ry.
*69,133
226,937
"
income—
426,350
342,019
1948
495,437
/
.-$310,907
1947
1,201,302
441,239
'444,818
168, p. 1478.
.
Central Illinois Rublie Service Co.—Earnings—
Peripd End,Sept.
1945
$271,342
*47,888
*89,000
•114,050
$472,984
61,671
•29,335
*4,092,325
3,799.479
Net
operating
railway-
4,413,295
1,058,665
—
income
•Deficit.^V. 168,
221,086
p,
732,940
♦88,254
Net
936,137
64,568
'
922,627'
income
Operating
Operating
$182,778-
*49,617
*44,167
*33,609
*110,696
railway
ry.
•113,282
*94,958
$6,225,386
$5,910,754
417,487
1,773,812
1,801)803
$914,926
$1,031,339
$4,451,574
$4,108,952
——
1948—3 Mos.—1947
30—
1946
$639,444
495,709
$2,516,867
2,087,860
$2,202,716
533,129
$223,281
X)r2,188
$143,735
$429,007
5,857
Dr8,922
$325,470
17,102
$221,093
$149,592.
-
deductions
for
Fed.
12,936
7,999
$420,085
1945
-V.
168;
29,300
to
•
*936,914
1,578,820
1,253,068
39,793
■
taxes
15,600
96,077
$183,793
surplus
p.
$342,572
46,747
state
&
1,877,245
$121,057
$277,260
■
11
37,426
1899.
$265,352
$120,627
Central New York Power
1,044,362
*398,472
*567,921
♦496,927
•932,289
*1,024,296
•918,385
Oper.,-maint. & deprec,
TP,760,712
Federal
.
.
taxes—
income
Corp.—Earnings-y-
1948—9 Mos.—1947
1948—12 Mos.—1947
$32,136,796 $28,196,587 $42,651,573 $37,362,626
Operating revenues
16,038,371
26,888,403- 21,328,383
2,484,000
2,639,000
3,021.000
3,625,623
3,259,199
4,679,562
3,370,000
4,282,738
$6,266,461
$6,260,017
$8,062,603
$8,381,505
6,741
2,881
8,530
4,543
$6,259,720
$8,054,073
$8,376,962
1,157,882
$6,257,136
1,304,300
1,664,473
1,748,218
$5,101,838
$4,952,836
$6,389,600
$6,628,744
Other -taxes
1478.
Operating income
Canadian Pacific Ry.—Equipment Trusts Sold—A. E.
& Co., Ltd., announce the sale in the Canadian
Other
Ames
and
dividend
of
$17,000,000 2%%
non-
be
dated
income
■-
Income. deductions
income
Net
_
income ,.(2>r)
Gross
callable equipment trust certificates, series ;K, 1948.
to
1948—12 Mos.—1947
$756,410
revenues
expenses-—>
*77,935
1,777,002
*410,621
income—_
•Deficit,—V, 168, p.
_
_
-
Nov.
1, -1948 and to mature $850,000
semi-annually May 1, 1349 to Nov. l, 1958 inclusive, are to be issued
under the Philadelphia plan.
Trustee, the Royal Trust Co., Montreal.
—V. 168, p. 1578.
—V. 168, p. 844.
Central Power & Light
Period End. Sept. 30—
Carriers & General Corp.—Earnings & Asset Value—
Nine Months Ended Sept. 30—
Income
1
•Net
$1,448,826
518,978
Gross income
Income
Balance
1947
$179,005
*53,347
•
from railway—;
certificate
$5,840,429
70,326
$1,433,904
Period End. Sept. 30—
Net
The
109,587
Operating income
Vermont—Earnings-
1948
railway
Net. from railway
Net ry. oper. income—
100
$6,115,799
20,572
'
$210,045
from
at
$1,428,254
19,546
income
Period End. Sept.
1,866,348
.
'
1478.
Canadian Pacific Lines in
market
$1,414,358
Interest & other ocduct.*
Prov.
September—
oper.
Income
(net)
Other income
from railway-
from
' 1948—3 Mos.—1947
.1943—12 Mos.—1947
$6,329,492
$5,538,071 $24,982,380 $21,971,830
4,915,134
4,109,816
18,866,581
16,131,401
5,130,022
From Jan. 1—
Gross
30-^.".
Central Louisiana Electric Co., Inc. (& Sub.)—-Earnings
1946
•18,664
$352,164
•2,540
•67,533
—
oper.
...
Other income
Canadian Pacific Lines In Maine—Earnings-
ry.
stcck
—V. 168, p. 843.
September—
Gross, from railway——,
Net from railway
Net ry. oper. income—
from
9,169
,1945
•Deficit.—V. 168, p. 1478.
Net
pfd.
Gross
railway
railway—
oper.
disct.,
expense-
Operating revenues..—
Oper.. expenses & taxes
$159,586
54,543
:
,
from
Net ry.
and
>•■,■!
,
'
.;ii V
Cambria & Indiana RR.—EarningsSeptember—
debt
of
on
-V.
the
Net from
1,805,700
46,913
Balance
instalment pn account of; the '3%
Gross
1,312,627
[1,738,600
$186,047
prra.
Other
on
Oct. 27 authorized payment of the semi-annual
fixed: interest on outstanding.bonds
corporation, together with ,the additional 2% income interest,
both payable prt Dec, 1, 1948.—V.' 167, p. 2576.
"' ■
The
400,000
(1,487,481
228,500
$134,765
on
Amort,
California Consumers Corp.—Interest Payment Voted
of
400,000
46,913
Net
1578.
p.
1,305,000
33,300
208,235
$15,229,670 $15,736,610 $132,139,972 $112,552,362
—
168,
1948—10 Mos.—1947
7,228,570
1,376,250
taxes—J
debt
Period End. Oct. 31—
3,518,798
110,000
33,300
,)
612.793
116,250
Gross income
Interest
1
1948—12 Mos.—1947
$1,150,380 $16,701,145 $15,339,945
706,440
Amort, of plant, acquisi¬
tion adjustments
$5,187,708
120,000
1358.
1948—Month—1947
$1,269,264
•—
...
Operating expenses.
Prov. for depreciation-
$5,317,110
360,000
■
6,220,511
168, p. 1478.
Eihergency diversion re-
Oper.
_
1947
$132,774
Net
561,000
;
& taxes
expenses
1948
1—1__
561,000
Other
$0.25
Co.—Earnings—
1948—3 Mos.—1947
1948—12 Mos.—1947
$5,234,967
$4,743,412 $19,159,928 $17,030,809
3,848,949
3,462,640
14,119,588
12,680,108
Operating revenues
$141,844
■
„—
Capital shares outstanding
Earnings per .share
■Brockton Edison Cot — Bonds Offered—The
company
onJCov. 9 awarded to Kidder,
Peabody & Co.
$68,802
135,562
From Jan. 1—
85,447
Cross income
Int.
282,775
$0.55
from
Net
$9,836,758
—
Net
1948—9 Mos.—1947
522,449
$904,060
0150,693
taxes-
taxes
Gross
Earnings—
1948—3 Mos.—1947
44,500
40,925
$357,547
641,386
—
from
From Jan. 1—
Period End. Sept. 30—
36,781
(estim.)
outstand—
Net
income
$2,549,144 • $2,195,185
$20,089,946 $18,957,655
tax
133, p. 740.
Gross
7,371,035
Other
Net
1947
—
net
38,263,233
taxes.
Gross
1948
operation
inc.
Net profit
shares
4,300,000
no
$115,461 in 1943, $108,835. In 1947 and $87,069
in 1946.
tAfter depreciation of $2,410,551 in 1948, $2,224,557 in 1947
and $2,160,596 in 1946.—V. 168, p. 1478,
Gross
25,018,439
charge
income
Net
159,598
—
—
—
——
518,755
554,371
1,018,612
'
750,000
Common
Earned
551,152
609,497
Accrued taxes
183,899
14,500
Earnings per com. sh
From Jan. 1—
JlccoUnts payable
on
28,723,129
.
LIABILITIES—
Advances
$43,203,318 $41,978,292 $57,533,690 $56,118,207
income
1946
1947
1948
——
•Notes
1948—12 Mos.—1947
SHEET, AUG. 31
ASSETS—
V, 8. Government
(& Subs.)—Earnings—
N. Y. State water
Canadian
—V.
BALANCE
53,491
..
$30,152,414.
32,893,064
3,817,700
529,780
1,820,563
$498,671
$1,312,848
45,000
322,500
$14.74
45,000
dividends
425,600
37,900
total,
$9,780,288;
1948—,9 Mos.—1947
Sept' 30—
maint, & deprec.
Oper.,
$962,171
$2,178,248
781,500
83,900
621,000
1932,
61,455
11,309
223,060
..
$1,607,362
Central of Georgia Ry.—Earnings—
Operating revenues
$902,007
taxes—•—
income—1
Net
$17,591,385 $15,671,957 $10,393,760
13,831,387
11,549,544.
7,888,430
317,370
242,637
206,423
153,574 '
134,607
126,789
1,729,530
1,673,309
1,270,111
*—
—1
Total
Prov.
849,626
.
$1,559,524
—
income
1,381,327
1,492,438
since
1948—9 Mos.—1947
$177,718
September-
Federal
Fiscal Years Ended Aug. 31—
surplus
.
Com.
739.
p.
Buffalo Niagara Electric Corp.
The stockholders were offered rights to subscribe for
Boston Woven Hose & Rubber Co.—Annual Report—
earned
Fed.
payable, $5,000,000; accounts payable and ac¬
$2,020,491;' customers'
deposits,
$532,791;
accrued
taxes, $1,648,445; $5 preferred stock of no par value
and
issued
26,316
shares),
$2,631,600;
common
stock,
value (issued 450,000 shares), $4,500,000; capital surplus,
expenses,
•
$653,371
long-term debt.
on
.
-
1948—3 Mos.—1947
before depreciations
Int.
(F. E.) Booth & Co., Inc.,. San Francisco—Offering-—
$200,000 5-year
5% convertible notes, dated Nov, l, 1948 at par. Eights expired Oct. 30.
Proceeds will be added to working capital,—V. 168, p. 1686.
Period End. Sept. 30—
from operations
Profit
Depreciation
—V.
1578.
p,
Central Foundry Co. (& Subs.)—Earnings—
of
charges, $511,822; property; plant and equipment
depreciation of $2,811,772), $5,478,670; patents,
goodwill, etc., $1; total, $30,152,414.
(authorized
1948—10 Mos.—1947
1948—Month—1047
interest
for
reserves
Federal
Higher—
and
notes
unearned
(after
crued
—V.
and
LIABILITIES—Notes
Bond Stores, Inc.- -October Sales 9.4%
Period End Oct. 31—
$1,314,798;
losses
penses and deferred
p. 739.
ICS,
for
reserves
$0.24
•Before
profit on sale of securities.
.Total net assets of the corporation at Sept.
30, 1948, with securities
valued:at market quotations, and before deduction of principal amount
of
outstanding debentures, were $7,716,916 (excluding unamortized
debenture financing costs of $153,042).
At June 30, 1948 total. net
,
Con¬
solidated Mining & Smelting Co. of Canada;
Stores
Common
1947
.
stocks.
common
Electric
$1.73'
30
1948
Consolidated
three
made extensive
•
Net
Preferred dividends
$781,713
.
.
income
Consolidated
—V, 168. P.
$2,905,523
—
109,787
$245,655
Balance
Federal
53,340
surplus
Balance,
.$23,090,954 $20,996,760 $14,917,532
8,939,692
6,964,983
5,292,804
6,034,169
5,285,998
4,097,618
£
Gross
222,131
income
on
1946
1947
$476,158
-
Net income
sales
Subs.)—Earnings
(&
1948
12,200
218,769
Interest and other deductions
Dividends
(
$520,687
40,404
.
'
Gross
Net
Co,
Months Ended Sept. 30—
Miscellaneous income
$t28,373
earnings
Other income
Brunswick-Balke-Collender
Nin$
230,331
266,384
11,300
211,200
Federal income taxes
Changes in Portfolio—
bids
51,101
Provision for income taxes:
State income taxes-——-———
on
a
$4,122.
,
Harriman
1946
J
$4,300,209
1,628,237
1,128,906
189,636
$5,045,421
——-
$8,196,338. Net asset value of the common stock was $10.42
Sept. 30, compared with $11.27 a share on June 30 and
share on Sept. 30, ,1947.
The asset coverage for $1,000 of debentures outstanding on Sept. 30,
1948 (excluding unamortized debenture financing costs) amounted to
share
a
stocks
1947
1948
30—
Operating revenue
Gas purchased
Operation
assets were
,$10,89.
company supplies electric energy to the city of Brockton, Mass.
various .other communities in southeeastern Massachusetts.
and
Birmingham Gas Co.—Earnings—
4
Monday, November 15, 1948
The
$2.02
share-
per com.
"■After charges
V:
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2004)
4
operating
income
Gross
Int.
*
&
Net
-t-V.
$1,386,018
income
other
$1,280,772
1,633
$5,040,339
6,712
$4,350,703
3,443
income
$1,389,461
326,729
$1,282,406
$5,047,051
S4,355,051
281,279
1,243,101
1,092,802
$1,052,732
$1,001,127
$3,803,950
$3,262,248
(net)
deductions
income
168, p. 542.
.
.
,
.
4,348
yolume 168
Number 4751
Central & South West
The
659,606
offer
of
for
subscription
business
ten
to
Nov.
on
shares
tion
Corp.—Rights, Etc.—
held
warrants
of
stockholders
its
to
of
of
on the
basis
that date.
It is
1948,
18,
record
on
record
one
at
the
Period End.
about
Nov.
and
1948,
20,
FINANCIAL CHRONICLE
that
share for each
that subscrip¬
subscription
the
Cost
,'
$
$
$
€0,213,381
171,069,831
192,520,092
34,760,449
116,152,883, 127,426,353
21,043,237
Oper.
Prov.
25,452,932
54,916,948
65,093,739
16,213,508
1,914,665
contemplated that any
underwriters.—V. 168, p. 1900,
profit
expenses, etc._^
inc. taxes—
for
Net
income
domestic
17,658,415
44,865,814
44,982,187
2.989,328
3,353,706
7,648,361
September—
Gross
from
Net
from
Net
ry.
2,915,064
4,805,189
6,197,428
12,463,191
253,792
600,000
975,000
Prom
Gross
from
Net
ry.
$2,611,955
$2,084,523
300,261
453,360
333,842
180,730
126,900
taxes
19,581,946
7,056,830
4,183,449
2,142,181
6,079,280
2,727,462
1,375,239
*220,566
1,991,487
income
168, p. 1691.
inc.
eign
22,199.084
from
Total net
60,000
50,000
185,000
Gross
Net
irom
from
Net
ry.
Gross
from
Net
ry.
—V.
1,841,472
*
.
1,977,342
.1
:
,
income
Net
Gross
from
Net
from
Net
ry.
1945
income—
1,356,441
417,501
1,985,116
Jan.
from
Net
ry.
railway—
railway
144,510,538 128,750,057
_
21,444.524
19,121,277
16,053,427
5,442,504
5,703,105
—
Rock Island
from
ry.
expenses
Foreign
4,541,338
1,700,801
income
2,481,374
3,318,768
1,390,503
4,558,985
1,108,209
1,191,853
1—
from
from
Net
ry.
railway...•_
ICC
control
40,514,469
16,258,505
Oct.
on
15,768,502
12,157,764
20,677,113
—V.
regular
initial
V.
payable
of
distribution
which
acquisition by the company of
Valley Ry. Co. through stock own¬
168,
cents
by
of
made
share
per
holders
to
was
payment
a
cents
75
of
10.
An
on
July
15,
issue
amount
Sept.
on
30.—
1948—Month—1917
Period End. Oct. 31—
2
pared
with
the
1948,
the
in
52
15,178,744
32,561,*597
2,072,368
1,131,255
7,418,418
5,861,235
353,363
317,366
28,963,764
23,322,882
3,093,750
3,375,000
company
had
month
same
units
51
to
.2——
—$106,824,563 $102,510,576
last
operation,
year.—V.
168,
as
com¬
1579.
p.
directors declared a 10% stock dividend and the
quarterly cash dividend of 50 cents per, share on the common
stock, payable Dec. 15 to holders of record Nov. 29.
is
that
announced
script certificates will be Issued.
Fractions
will
be
paid in cash based on
the closing sale price or, if there
are
no
transactions, the last recorded bid price on the New York
Stock Exchange Nov. 29, 1948.
In
of
addition,
$1.25
Dec.
per
15
no
the directors declared the regular quarterly dividend
share cn the 5%
cumulative preferred stock, payable
of record Nov. 29—V. 168, p. 1141.
holders
to
and
$14,970,428
reserves
price
4,600,042
decline—
after
tax
;
1948
1947
1946
$2,125,052
$2,405,657
$2,644,826
374,996
537,954
•
1948,
that
amounted
barrels
for
for
the
the
•Before
p.
1887;
$595,038
$1,750,056
$1,867,703
$1,935,680
2,520,000
2,520,000
2,520,000
$0.24
$0.69
$0.74
share—
depletion of
V.
167,
Candy
p.
discovered
increment.—V.
$0.77
167, p. 2254; V.
166,
2254.
September—
from
porate
will
be
its
from
ry.
4,172,493
Prom
Gross
railway——
Jan.
from
1947
1946
$1,553,415
$1,376,454
651,677
451,772
594,090
399,428
Net
from
Net
ry.
—V.
:
-
$1,193,406
$877,171
515.042
311,951
485,294
250,930
12,853.557
9.703,234
5,920,874
5,702,720
3,911,281
10,354,725
4,937,138
5,305,533
5,060,933
3,111,626
to
168,
-
I
.
a
<
laaraomi
168,
35,730,043
Other
production
391,640
the
for
barrels,
ended
ended
Aug.
five
which
weeks
1943,
1948.—V.
30,
Industries, Inc.—Personnel of Unit—
u
Morganstown,
pay
debts,
Clinton subsidiary.
Skinner
30—'
Period End. Sept.
erect
as
Chairman
of
the
and
board
Operating
W.
plant
(&
Va.—Stock
on Oct.
(par $1) at $2
for
and
other
cor¬
87,584,397
Federal
Federal
Prov.
12,191.413
taxes
T.
McKay
Huemmler,
serve
a
as
continues
as
a
$
and
a
director.
director.
Allen
Leonard
of
the
Juice
Treasurer
Industries
and
a
board,
director.
as
does
Mr.
Moss
A.
will
becomes
William Armstrong,
prominent St. Louis attorney.
$355,116
$308,925
$573,306
(net)
253,734
$431,765
deductions
168,
337,590
335,625
$646,515
$908,932
35,919
39,861
167,215
267,115
$566,824
$479,300
$641,816
741.
p.
The company on Nov. 10 announced that System output of electricity
for
generated
amounted
the
and purchased)
for the week ended Nov. 7,
228,200,000 kwh., compared with 223,900,000 kwb.
1947, an increase of 1.9%.
Local dis¬
to
corresponding week of
tribution of electricity amounted to 206,700,000. kwh., compared with
204,300,000 kwh. for the corresponding week of last year, an increase
1.2%.—V.
of
168,
1901.
p.
Consolidated Gas Electric Light &
Maryland
Counties
oper.
revenues.
Taxes
161,029,097 232,672,439 213,612,590
74,897,182 116,872,364
99,681,253
10,264,391
16,321,967
13,498,885
Operating income
18,858,400
premium
20,371,604
358,572
358,571
478,096
478,095
9,333,946
l,2b9,742
$1,899,221
24.403,049
27,691,675
31,635,805
36,618.553
717,166
1,590,522
Interest
Portion
23,408,841
33,226,327
38,006,124
7,013,241
7,012,627
9,472,161
9,439,225
18,135,273
21,396,214
23,754,166
28,566.899
$1.32
$1.56
$1.73
$2.08
•
Net
income..
she.ie
amort,
and
exp.
6,
Following
showed
and
sales
Nov.
to
5.1%
a
other
increase
electric
over
kilowatt-hour
the
are
percentage
comparisons
utilities,
the
the
for
corresponding
output
with
'
the
of
145,020
621,325
562,412
$8,293,551
$9,594,069
555,611
2,365,119
30,775
32.576
128,617
1,963,154
149,025
243,748
42,945
555,396
235,073
$1,498,999
$6,355,210
$7,716,962
$0.82
$1.01
$4.21
$5.51
of
•
postwar
transferred
account
V.
to
(Cr)
income
Earnings
per
r-—V.
p.
168,
share
com.
1692.
"
totals
of
week
the
a
past
year
four
1947;
16
;
;
—2
1901.
225,632,000
5.1
221,373,000
4.2
213,693,000
213,040,000
Holders
of common stock of record Nov.- 5, are given the right, tb
at $33 per share for 458,158
shares of common stock (no
to the extent of one share for each nine shares held, and addi¬
tional subscriptions for such shares as shall have been unsubscribed
for, subject to allotment.
Rights expire Nov. 19.
~
8.5
par),
EARNINGS
Period End.
,
Gross
Commonwealth &
Period End. Sept. 30—
Southern Corp.
for
Amortiz.
$
$
2,058,714
1,983,848
24,781,742
358,059
pit.
373,909
4,408,059
4,515,183
20,819,289
18,796,647
1 25,763,933
27,791,066
Operating
Prov.
for
3,421,541 (
3,766,715
taxes—}
income
on
3,917,603
:
long-term
Federal
Int.
prem.
and
on
63,819
13,646,271
766,795
8,462,702
703,378
778,711
on
prom,
Divs.
'
—V.
3,646,203
47,022,004
39,382,919
629,750
8,082,000
7,431,125
25,000
25,000
300,000
202,573
3,972,120
3,767,432
7,758,063
8,216*849
acquis.
)
819,789
743,605)
taxes—}
income
:
of
debt
and
$1,253,423
$1,063,303 $18,038,450 $18,039,064
296,991
4,150,296
3,464,382
36,211
36,272
434,870
Cr83,375
debt-
345,250
Cr22,713
Cr682,579
447,176
Crl06,560
$955,338
long-term
$752,756 $14,135,863 $14,234,066
disct.,
expense—
deductions
income
on
pfd. stock
280,790
$674,547
168,
p.
2,691,192
205,457
2,465,193
$547,299 $11,444,671 $11,768,873
1692.
.
Continental
2.032,456
109,371
125,548
int..
$6,107,365 $85,172,638 $77,039,962
37,689
8,666.239
of
•
stkhldrs.
770.573
194$—12 Mos.—1947
55„957,875
Crll,789 Crl,040,536
Cr94,353
.
stock
subsidiaries
63,454
'- -V'
MONTHS
12
688,083
Balance
expense—
pfd.
14,836,848
disct.,
Other deductions
Diva,
1,105,250
AND
4,168,656
taxes
income
Amortiz.
Net
1,227,928
debt
53,654,489
debt
subsidiaries
of
3,865,700
$6,954,952
of
General
SEPTEMBER
1948—Month—1947
expenses
pit.
adjustments
Other
Gross
!
depreciation
Amortiz.
Gross
taxes
FOR
Sept. 30—
revenue
23,407,448
acquis,
adjustments
General
1948—12 Mos.—1947
21,125,098 277,124,824 253,249,912
11,480,100 147,697,311 122,781,693
12,668.283
.
Subs.)—Earns.
$
22,769,380
..._—
depreciation—
of
(&
1948—Month—1947
$
revenue
1579.
p.
Consumers Power Co.:—Rights to Subscribe—
9.7
231,126,000
—
% Incr.
234,374,000
:
-
168,
-
1948-^-10 Mos —1947
$3,010,567 $28,141,601 $24,712,250
subscribe
1947
230,682,000
23
1048—Month—1947
$3,737,257
—V.
ended
237,201,000
30
-
Consolidated Retail Stores, Inc.—October Sales—
com¬
week
1948
6
Oct.
Oct.
$9,031,656
on
Sales
Electricity output of Commonwealth Edison Co. and associated
excluding
9,219,129
$7,672,226
$2,044,242
Period End. Oct. 31—
Weekly Output Shows Increase—
panies,
5,491,269
$1,400,550
and
inc.
the
37,318,909
.8,707,302
,
1,387,571
25,148,511
(net)
per
47,624,473
5.194,617
1,906,367
156,310
Other deductions
....
net
Earnings
11,581,864
1,160,195
1,921,877
bonds
24,105,800
Subsidiary]
606,052
16,601,600
21,999,567
28,763,040
Owned
$1,793,629
income
15,302,902
745,465
Wholly
$1,637,318
,
Other income
14,386,100
__A
a
$16,301,257 $14,409,277 $69,198,619 $61,060,964
!
——,
18,128,276
income
Co.,
revenues,
16,676,374
income
Gas
1948—3 Mos.—1947
1948—12 Mos.—1947
$12,305,976 $10,779,471 $48,645,765 $44,664,017
Gas operating revenues
15,032,698
18,935,214
3,389,601
3,522,712
Steam heating oper. rev.
1,364,249
105,678
107,093
1,617,640
oper.
12,374,700
.
Power Co. of Bait.
Sept. 30—
Electric
taxes—
operating
Gross
of
251,568
$606,684
.
$295,847
income
depreciation—
,
.
808,217
$178,032
revenue!—
income
Gross
—.
utility plant—.—
Minority
Mr.
Moss
disclosed
that
production of Snow Crop frozen orange
juice concentrate, one of the best sellers iii Ihe frozen food field, will
begin this month at the Juice Industries plant. All markets will be
fully supplied with ample quantities of concentrate in a* short*time,
he
declared, as well as with othef1 high quality Snow Crop frozen
fruits, vegetables, and poultry.—V. 168, p. 1142.
"
•
262,957
780,190
$
General
Secretary-Treasurer and director of Clinton Industries,
Juice Industries
member
Vice-President
and
4,511,935
274,455
616,772
income
21.412,874
-
income
for
Amortiz.
of production,
4,725,072
193,007
539.894
Operating expenses
Deprec. and amort
State, local and miscell.
becomes
charge
3,381,148
203,620
[Licluding
19,48—12 Mos.—1C47
$
175,001f881
revenues.
Maintenance
Int.
in
3,580,108
Consolidated Edison Co. of New York, Inc.—Output—
168,
Subs.)—Earnings—
1948—9 Mos.—1947
Operation
Manager of Juice Industries, C. W. Metcalf, Vice-President of Clinton
Industries, Inc., and Chairman of the board of Snow Crop Marketers,
Inc., becomes Juice Industries President, and a director. Bruce Skinner
Vice-President
maint._
and
—Earnings—
$
Federal income
continues
—V.
and
1900.
p.
Commonwealth Edison Co.
Prov.
M.
Moss, Chaiiman,
announces
the
new
management of
Industries, Inc., Dunedin, Fla., citrus fruit processor recently
acquired by Snow Crop Marketers, Inc., New York, a wholly-owned
$6,156,416
compares
27",
Sept.
$6,088,642
oper.
Gross
,
1948—12 Mos.—1947
$4,546,043
depreciation-
for
Prov.
1S48—9 Mos.r-1947
$4,501,654
revenue
Taxes, inch Fed. inci
Net
1900.
p.
Operating expenses
Richard
O.
560,567
at
Total
Y.—V.
4,044,564
income—
Juice
B.
465,363
company
Period End.
Gross
Clinton
the
exp.
Net
corporation (forinerly Columbia Gas & Electric
Corp.) and Columbia Engineering Corp. will move their offices from
61
Broadway, New York, N. Y., to 120 East 41st Street, New York,
—V. 168, p.
1900.
p.
.
14,635,266
railway.
Oper!
3,011,979
this
15,
Week Ended—
1945
h
railway
oper.
168,
income—
1—
available
are
Operating
24,977,975
Columbia Gas System, Inc.—Moves Offices—
weeks
1948
railway
oper.
114,550
Period End. Sept. 30—
7^250,000
weeks
weeks
Corp.,
used
purposes.—V.
Oct.
Net
114,318
stock
com.
share.
ago.
Clinchfield RR.—Earnings—
Net
$773,288
the Schroder Trust Co.
in
New York
Oity,
Schroder Trust Co. in New York City,
in Chile.
These forms must be filed net later
than 3 p.m. on Dec. 2.
Payments will be made in English pounds ster¬
ling, United States dollars, or Chilean pesos by the redemption agents.
Tenders
will
be examined in
London on
Dec.
16, 1948 and the
result
will
be
notified
by
letter
cn
or
before
Dec.
23,
1948.
—V. 166, p. 1887.
'
,.»■
12,500,000
30 offered 149,750 shares of common stock
Nov.
Gross
$891,759
of
40,777,150
to
four
four
709,146
2,520.000
outstdg.
per
$297,b03
Rothschild & Sons at the
(electricity
Deductions
profit
•Earnings
223,875
! $406,331
1040.
p.
reserve
1948
134,812
shrs.
forms
6,000,000
_
announces
1,
barrels
Consol.
•Net
$997,163
297,142
"
'
disct.
cffice
Income
Other income
and
surtax
Capital
$1,188,901
58,944
1
of non-interest
bearing income bonds, ,£e-ries A to N, - in¬
clusive, have beer, notified that the company has invited tenders,of
these bonds, sufficient to exhaust the sum of
£27,096,
Redemption
12,500,000
,
company
Nov.
Net
Six Months-
$729,850
Sept. 30—
charges
income
$356,546
$77.8,999
"
Compania Salitrera de Tarapaca y Antofagasta (TaraAntofagasta Nitrate Co.)—Tenders Sought—
par)
no
Co.—Earnings—
3 Months
Period End,
218,164
.
1
on
168,
.
shares,
Offered—Grubbs, Scott & Co., Inc., Pittsburgh,
of
Profit
239,857
77,532
debt
income
24,973,950
3,002,993
(125,000
—
$14,868,086*
Amort, of additional cost
Climax Molybdenum
Federal
$949,045
60,943
Connecticut Railway & Lighting. Co. -Earnings—
$7,100,000)—
—:
148.
p.
On" Nov.
in
usual
It
$295,603
72,641
other
&
Holders
deducting U. S. Govt,
liability for taxes—1947,
stock
Colonial
$17,210,060 $17,437,323
the
5,
and
Dividends
1948,
N.
Nov.
$411,221
profit
mdse.
expenses
Net
(after
Clark Equipment Co., Buchanan, Mich.—Stock Div.—
On
436,264
340,285
N. M.
1479.
1948—10 Mos.—1947
$1,326,708
$1,795,034
*
October,
17,918.136
—-
inventory
312,704
per
Childs Co. (& Subs.)—October Sales Increased 35.3%—
In
and
$106,824,563 $102,510,576
Proceeds
Sales
9,208,000
29,497,914
•
—
The
com¬
Dec.
record
this
on
of like
the
on
1900.
p.
532,136
419,659
paca &
3.400,000
;
1948,
surplus
ended
p.
30
Dec.
75
followed
was
amount'
special dividend of 75 cents per share
a
dividend
quarterly
both
stock,
mon
last,
of
surplus
168,
with
directors have declared
a
87,587
Total
Sept. 30, '48 Dec. 31, '47
$14,106,850 $11,554,497
(net).*.-'
stock
315,899
and
(excl.
—
equal
for
T°tal
the
Ouachita
&
1900.
p.
Special Dividend of 750—
The
113,590
102,675
operations
Interest
Colon Development Co., Ltd.—Production—
approved
29
Warren
168,
152,142
—
'
-V.
*
$3.50 preferred
Common
131,810,574 119,130,710 150,231,943
34,697,703
27,257,147
55,830,395
148,338,430
income
the
of
ership.—V.
dividends
SHEET
taxes)
—
liabilities
Reserve
Earned
railway.
oper.
EALANCE
reserve)—
i
subsidiaries
liabilities
Deferred
Acquisition Approved—
The
(less
——
Capital
Net
488*98^
3,212,842
in¬
_
Operating
$7.40
includes
30
Property, plant & equipment, (less deprec. res.)
Goodwill, trade-marks, etc.,- unamortized bal.
Total
458^68,
530,960
$5,718,067
15,128,191
$4.03
Sept.
_
$12,800,000;
1947
1946
1945
$16,423,739 $14,331,966 $12,654,881 $14,991,520
railway....
From Jan.
ended
1
securities, at cost
liability for
Investments—
Pacific Ry.—Earnings—
&
194{J
railway..
oper.
8,372,428
$2.62
months
from
receivable
Prepaid
483,378
$3,706,428
LIABILITIES—
September—
from
5,345,189
$1.5*2
nine
——
S. Gove,
securities
Gross
the
Inventories
17,151,349
_
Chicago
Net
for
COMPARATIVE
Current
Net
share
com.
128,024
126,251
$483,863
taxes
misc.
3,143.850
per
127,261
—
State
Other taxes
Crl,250,000 Crl,100,000
ASSETS—
1796.
168, p.
Gross
decline.
34,832,733
7,491,683
_
income—
oper.
118,413,529 127,930,827
14,028,191
$975,000
received
from
foreign subsidiaries as compared with
$1,750,000 in 1947.
Actual
earnings of foreign subsidiaries for the
period were $2,666,179 in 1943 and
$2,304,782 in 1947..
2,031,772
1—
from
7,122,428
3.791,243
—-
and
come
5,345,189
950,188
139,720
—
Depreciation
•
3,143.856
income
Accounts
1946
1,565,000
—19^
1948—12 Mos
$1,701,243
1,035,634
in¬
Miscell.* investments
Net
—V.
1947
$17,574,113 $15,604,828 $14,351,777 $14,473,179
3,576,847
2,383,556
3,000,481
4,053,659
railway
railway-..—
oper.
Prom
Gross
1948
from
for
res.
deducted
Chicago & North Western Ry.—Earnings—
925,00
of
U.
September—
540,000
1948—3 Mos.—1S47
$1,968,654
-
Maintenance
228,792
__
surplus
Earned
Cash
1796.
Sept. 30—
revenues
Net from
643,944
188,080,534 166,357,755 146,276,985 173,939,615
32,647,672
30,424,731
16,443,406
40,857,072
11,152,557
10,766,272
6,629,401
21,503,234
railway
168, p.
1,123,328
»
railway
oper.
3,565,893
Operating
Transferred to earned
1945
$17,555,830 $18,456,401
3,573,004
2,799,140
1—
from
Net
6,460,926
income
Prom Jen.
1946
$24,176,302 $20,186,697
railway
railway
oper.
1947
Community Public Service Co.—Earnings—
Period End.
for¬
income
period
Reduct. in
ventory price
1948
weekly kilowatt-hour output of electric energy of subsidiaries
this corporation,
adjusted to show general business conditions in
territory served, for the week ended Nov. 4, 1948, amounted to 336,027,585 as compared with 306,491,524 for the corresponding week in
1947, an increase of 29,536,061, or 9.64%.—V. 168, p. 1901,
,
Federal
Chicago Milwaukee St. Paul & Pacific RR.—Earnings—
September—
Weekly Output Shows Increase—
The
taxes
paid)
dividends
at
$33
per
share, or $13,285,899, and it aiso
over-subscription of
9,456
acldit.onal
shares
for
an
Operation
Net
22,287,601
railway
oper.
inc.
108,328
25,892.447
railway.,
•Deficit.—V.
for
stock
common
applied
for
$312,048;
(less credits for for¬
eign
Whiting, President, has announced that the corporation
8 completed necessary financing arrangements and had
right to purchase 402,603 shares of Consumers Power
its
.
subsidiaries
Prov.
$2,190,495
437.113
1—
from
Net
eign
1945
898,069
income
Jan.
1946
Co.
1,750,000
25,000
opers—
Div. income from for¬
$3,081,553
railway
railway
oper.
1947
1948
,
R.
Nov;
on
exercised
of
from
Foreign—
Earnings—
Justin
had
$
59,271,534
—
5
Completes Financing Arrangements for Stock Purchase'
38,228.297
:
sales
of
Gross
offer
Chicago Great Western Ry.
(2005)
1948—9 Mos.—1947
expected
The subscription price of the shares,
bidding, will be stated in the warrants.
shai*es not subscribed for will be sold to
is
&
194.8—3 Mos.—1947
,
,
Net sales
will
expire on Dec. 3, 1948.
to be determined by competitive
It
Sept. 30—
Domestic—
close
covering rights to subscribe to said shares will be mailed
stockholders
COMMERCIAL
Colgate-Palmolive-Peet Co.—Quarterly Report—
<•
has flied with the SEC registration statement cov¬
shares of common stcck which the company proposes
company
ering
to
THE
1,874,854
per
28,388,908
31,169*564
year
Motors
'Corp.—Earnings
Estimated
Share far Year Ended Oct. 31,1948—
■
-1
,
at $1
v
*
*
Reese, President, consolidated net profit for .the
1946 is estimated at $3,300,000, or approximately
$1 per -share,
with *net sales approximating- $105,000,000. " XTnfflietfordwr'tofcal $75,000}000. not including military, orders.. At. the -close
of Oetober? the c«^oi^«tion- was reported to be negotiating, for.en large
According to C. J.
Net
income
L—- 1,815,955
,
1,846,037
-
NOTE—Operations of the South Carolina Power Co. are
this .statement of consolidated
common
stock
interests in
of, that
May
1948.
income through;- April
company
having
been
•
included <in
30,
1948 only; the
sold rto
non-affiliated
ended Oct. 31,
miutarv
•
for newlv-develoned
enerincs.—-V.
168.
D.
1360.
~
■•'r
'»•'
<>
THE
(2006)
1Qlft
foreign
depreciation
Provision for Federal taxes on
Pro/ision
for
»-*
-
aha re
$4,990,000,
board
of
Sept.
at
of
than
less
date
the
to
in
payment
of
directors
$898,165
the
S1'95
of
oustanding
holders
of
shares
record
Nov,
Dec.
24,
stock
payable
EARNINGS
1949,
ENDED
SEPT.
Gross
Corp.—Earnings—
saies
_
LCanadal Ltd.)
Cory Corp.
(Including Subsidiary,
168,
sition
— —.
and
(deprcc.)
franchises
and
adjustments
(other
Provision
than
for
plant
Balance,
Corp.—To Pay 90-Cent Dividend—
Petroleum
Creole
Other
declared a dividend of CO cents per share,
payable Dec. 10 to stockholders of record Nov. 24.
With the three
dividends of like amount paid on March 10, June 10 and Sept. 10,
last, payments this jtar will total $3.60 per share, against $2.85 in
1947.-T-9. 168, p. 940.
directors
Nov.
or.
Class
429,079
income
"BM
credit
Fed.
9,233,891
3,569,000
taxes
4,396,000
Deductions
-7-.--.168
has
1948
largely
Crucible Steel manufac-
of six
is one
,
as a whole has -substantially carried through a pro¬
plant improvement and expansion, initiated in 1946 and
calling for expenditures of well over $30,000,000.
The
Sanderson-Halcomb
Woiks
now
incorporates
manufacturing
Net
Gross
.
168,
1622.
p.
1—
front
from
ry. -oper.
—V.
the
Cuba,
with
Procedure
Participation
interest of
Deposit,
for
Certificates,
$3.95
Provision
Transitory
a
and
for
made
Dec.
011
of
$33 98
5'4'*
series
$169,773
$119,523
for
withheld
1942.
The
be
New
Dec.
ex-interest,
receipts
to
be
of
Exchange
York,
is
thereto
payable
N.
V.
tax
of
80,780
89,001
36,797
9,136
45,878
48,114
20,252
of
bonds,
the
to
be
to
1,627,192
1,309,209
975,169
1948;
receipts
delivery
a
shall
in
National
City
343.
p.
In
accordance
Issuance
Dec.
and
1S48,
withheld
Procedure
the
Part'cipation
1,-1948,
ment
for
of
with
of
$33.93
$14.65
amounting
at
Certificates,
'$3 81
cash
for
interest
payment
tc ,$15.55,
deposit
in
Deposit,
and
payments
will
548,871
254,301
and
and
150
less
of
-
,
York
close
Stock
deposit receipts
shall'be
business
Nov.-
on
Exchange directed
Nov.
on
$34.88
ex
ofr
per
tax
19,
of
cents
90
that
•
Exchange contracts
17, 1948, unless made specifically
$1,000 deposit receipt; -and that
168,
p.
ihe
offering
V'ill
;
order.
Interest
sales
and
are
for
the
purpose
compounds,
now
the
due
deposit
Income
applicable
of
Net
income
income
—V.
Sales
"
"
gaining
r
of
•
to
1,391,000
common
25,000
1,404,000
986,000
stock
$2,439,000
increase
an
1948
revenue
expenses
—_
and
in
delivered
rising, production
the company explained.'
from,
and empty cylinders
mechanical
they
possible.
as
in
always
are
is
it
reasons
companies
arrange
for
costs
Net
returned
Houston,
operating
Total
Interest
Net
income
income
on
and
546,003
3,127,125
523,585
441,778
351,62?
338,108
$77,694
$429,945
$1,341,543
747
_
17,237
17,270
$78,441
funded
debt
state
taxes
$447,182
$1,358,814
17,677
41,396
15,651
„
on
income
"
168, p. 741.
44,690
218,900
"
director,*
has
p.
$210,604
$735,418
Holders of capital stock of record
Nov. 10, 1948
have the rteht "to
subscribe, on er before Dec. 1, 1948, at par
(flat) 'for $46 649
convertible debentures, to be dated Dec.
1, 1948, and
SV
due
01 S10° prlncipal amount of debentures
Dec
1
for each 15
1958
shares
-Approval by the Michigan P. S. Commission
has been received
registration under the Securities Act of 1933
has become effective
10
1923
been
director
years,
to
1927.
President
*93,245,976
80,870,199
11,122.452
11,150.138
11,122.102
$3.24
$2.14
$3.36
$7.27
stk.™
com.
-
OF
luRPLUS
CONSOLIDATED
1948
Net
at
Dec.
to
15
as
in
ment
Excess
issue
of
under
the
The
following
payable
the
Jan.
Sales Increased
"A"
of
the
second
$3,668,003
the' corporation
Dec.
stock
a
shares
40
preferred
.
of
since
dividend
1937.—V.
of
stock,
stock
comparable
Carpenter
goods
more
period
of
the
was
also
during
1947,
-
series
and
25
81V4
A,
cencs
—
per
the
Surplus
said
that
months
net
of
operating
declared,
per
the
on
common
"These
price
by
fact
that
higher
the
sponding
the
highest
history,"
stated.
eompany
it did
than
income
in
main,
the
have
put
doing
Sept.
5,639.859
—
2,025.000
—
5,699,869
1.650,833
.
68,877,554
66.731,508
501.953,142
—
30
420.536,161
sold
some
during the
from, each
dollar
Oct.
increased production
present
said.
profit
case
of
into
effect
Du
high
-
income
income
Coast
tax
250.
to
Service
for
return
•
,
Gas
f.he
level
from
Pont,
have
the
of
1
of
sales
in
due
East
Federal
10, .19471—V,
168,
-
.
Associates—Earnings—
.
—
taxes
,
depletion————.
1_
1948
194.7
$21,054,499 $17,963,827
4.334,177
4.175,601
5,020,353
5.274,149
1,842,354
1.859,072
——L—
$9,603,819
$67908,801
prior pref..stock
1,108,729
1,108,729
applicable to 6'/* preferred stock—
$8,495,090
per share of 5%
preferred stock—$22.71
$5,800.0T2
debt
discount———f
income
-
Dividend requirements on 4',-2'i
Balance
Earned
168,
P.
'
1366.
Period End. Sept. 30—
sales
General
higher
business
1
that
was
(& Subs.)—Earnings—
1948—Month—1947
884,359
—
—
1943—12 Mo?.—1947
$1,152,976 $15,157,809 $13,748,352
797,864
10.385.566
55.514
taxes
income
689,563
60.308
767 450"
103.181
accruals
52.930
62,388
—
res.
$15.tw
■"*
$1,267,612
Operating revenues
Retirement
dollar
made
production
investment
1"47,
with
„-_r.
Maintenance
91.225
1,185.361
9,047.207
550,699
728.411
1.158,330
taxes—
57,559
49,551
725,865
800,092
Ut'lity operating inc.-
$104 6.1.1
$101,098
$1,404,005
$1 463,613
Other
income
Gross
—
Valley
dividend
Gas
£89,421
503,769
$1,993,425
$1,972,382
and
31,431
30,524
386,183
393,890
$115,344
$1,607,242
$1 578,492
77,652
77.652
inc.
income
Preferred
44.770
$145,868
$125,224
Deducts, from gross
Net
52,043
$158,654
(net»
income
requ'rements
Electric
•—
Co.—:
Blackstone
21 657
22,097
$1,507,934
$1,478,743
$1,507,934
$1,478,743
has
such
necessary
|
Higher
Increased
joining
consolidated
to- Oct.
"..
-
a
$1.80
December,
the
———_
and
Interest
48^
totaling
and
of
indicates
been
1
of
30—
income.—
income
and
Jan.
:
Applicable to minority interest—
business.
history.
for
filing
oer'od
Fuel
&
consolidated
the
in
;
,
Eastern
Co.
in
from
ng
$189,528
105,000
$0.52
.
adjustment
result
taxes
-
105.000
——
substantial
a
51,840
-160.722
$54,239
<
—-—
—
iti *such
Public
income
14,527
outstanding—...—™
effect
saving
§302,090
31.662
—
share..
17,106
$160 429
—
hares
284.984
4,533
—-
taxes———
Net Income
826,559
95,890
—
deductions
■
-$1.-111.544
230,853"
—-—
;
per
.12 Months
?G26.743
——
—
income
Commoii
*
deductions—n,—*6—j.-
income
Federal
P.
3 Months
—^
—■
„
revenue
same
Applicable to E.
Eastern
XJtil'tie's
U.
A
Associates—
Earnings of subsidiary
higher volume of sales reflects a corre¬
production which for the
first
nine
months
the highest level for a comparable peacetime
result
Co.—Earnings-
Sept. 30, 1948—
revenue
Operation
our
company's
as the
facilities."
the
the
operating
the
part,
reached
of
Carpenter
In
of
in
Mr.
net
as
we.
cost
increase
in
the
as
most
year
production
the
stationary,
increases
the
"For
of
characteristic
nation,"
<$l 125 quar.)„
quarterly)—^
———,
Eastern Utilities Associates
the
company's
board,
the
1348
"reached
the
for
the
15,993
577,153,5:5 504.668,371
p. 1692.
Operating
Federal
earnings merely reflect
in
accordance
to
with
™—
East Coast Electric
—V.
ihe nine months,
including dividends from the com¬
pany's investment in General Motors, was $101,570,845, after
deducting
taxes and a'l charges.
This compared with $83,220,901: in 1947.
Earn¬
ings applicable to common stock, after preferred dividend
require¬
ments, were 68.36, up from last year's nine-months figure of $7.27.
activity
placed
share''on
(Inc.)—Report—
1948
in
the
while
of
also
per'share
same.
sales] volume
value
transferred
—
($.875
at
—V.168,
Net
on
report • to .stockholders* showed- sales up to last
$708,698,371. The comparable figure for 1947 was
income
in
account
stock—$4.50 series
Depreciation
of
- ■
period
of
share
,
months
peacetime
nine
stock
payable
.
cents
The
Net
bonus
;,732,480
—
the
and
cosl
168,
share
held,
"
(E.X) du Pont de Nemours & Co.
a
plati.i.—__
stock
Provision
one
stock
common
1.
168, p. 1797.
for
35,828
employees
to
Dividends:
to "'the
was the first President of this cor¬
Mr.
Sands,
who
is
continuing
as " a
of
record
preferred
issued
———1—...
Total
Other
32.4%—
$4,694,738
quarterly cash dividends were
hplders of record. Jan. 3, 1349; $1
to
32,500,000 Dr5,500,000
value of
par
stock,
common
-,'the Bonus- Plan
1948—3 Mos.—1947
regular
15
,cumuLative
bonus
treasury
class
Corp.—,™
price over
common
between
Difference
on
Motors
General
of
shores
■
alphabetical
near
$1,388,315
declared
3
each
holders
s
4:7,255,240 421,r 31,477
101,570,345
88,220,901
Adjustment rc-su'ting from revaluation of invest¬
period Ended
Co.—'2xk% Stock Dividend—
Nov.
for
1947
$
beginning of year——^_
income, nine months—
Surplus
12 Months Ended Sept.
on
stock
common
period
and
23,826,235
11,158.20.7
STATEMENT
X;o,
•
remained
to Subscribe—
36,184,782
—*
stock
common
on
Earnings
past
447..
"The
Detroit Edison Co.—Rights
sh.
Total
582,000
$18,190
income
stock,™
Texa«;—
$573,572,354.
income
Federal
3.835,128
579,560
Taxes, other than Federal income—
com¬
outstanding
new
made
■
the
from
Mr.
$5,330,364
to
prices of
not always
alphabetical
exact
1948—Month—1947
.-Walter-S/Carpenter, Jr., Chairman
1946
$5,162,707
4,314,681
Deprec ation
Other
1947
$5,413,712
applic.
.
rates
Company's production for nine
9 Months Ended Sept. 30—
0:1
Common
of
$1,838,080
poration
$4.89
(& Subs.)~ -Earnings—
4,300,p00
—
periods—
pfd. stock—™
$3.50 series
Kingsley
level
Denver Tramway Corp.
years
Shares cf
these,
Woodbridge has
been
elected
President,
succeeding
Merrill B.- Sands, who retired Nov. l.
—
•
•■•••.'. ••• •
"
Mr. - Woodbridge, • Chairman - of
the
executive
committee
and
a
$1,953,000
$6.11
_
inc.
inc.
for
Preferred
Stores Corp.—October
stock.—V.
35,000
-
res.
on
of
out
•
,
.
chlorine, effective Nov. I.1 The
freight charges on empty cylinders.
—
C.
18,405,000
2,115,000
leases
of
interests
share—
Operating
8,324,339
rxc.
taxes
prior
eGiVf?
845.
Operating
2,774,956
varnish
and
paint
and
waxes
'
in importance. Of
manufacture
announced
8
However
—V, 168, p. 1480,.
The
taxes
minority
applicable
per
168, p.
to
2,774,956
83.220,901
7,350,702
in
Income
Diana
providing additional
24,966,000
cancellation
income
101.570,045
of
Fed.
Net inc.
its
to
-
and
26,601,251
for
343.
96,000
state
38.959,718
Reversion
cutting .ojls,
fabricating oils,
made
Dow Chemical
operating-expenses
depletion,
and
held
and
fabrication,
Cylinders of Chlorine—
Period End. Oct. 31—
director
expense
Depree.,
83,920,901
Gross
"cash,"
the
capital.
No specific allocation has been made- but directors
determine from time to time the use of the
proceeds as necessary
100, p. 1901.
Federal
j
of
the.business.—V.
Cost, of
101,570,845
Per
of organic chemi¬
plants at Painesville, Ohio, and
"
1
"
to
position
/
the
in
for
1948
1947
Sales and operating
revenues, incl. other income $31,042,000 $22,773 000
rw
-V.
in
on
NOTE—-For
,
9 Months Ended Sept. 30—
Net
p:
steps
slushing
as
uses
freight
be
1901.
Deep Rock Oil Corp.—Earnings^
company's group
various
cylinders
in
V;
168,
in
use
Nov.
will
possible
share.
per
working
for
26,601,251
early
Dictaphone Corp.—Woodbridge Again President—
(par 100) at $1.10
of
15.200,000
38,959,718
—
Balance
.
Operating
Operating
Corp.—Stock Offered—Tellier & Co. on
Nov. 8 offered (as a speculation)
181,800 shares of com¬
Proceeds
99.120,901
14,900,000
mon
an¬
on
Deardorf Oil
stock
the
to
new
increases necessary,
to *be
1948.
receipts shall continue to be dealt )n ''flat."—V.
mon
116,470,845
4,700,000
etc.,
substantial
•
pound
chlorine
,
the
at
New
31.301,251
4,400,000
now
of
made
receipt "part-redeemed," for $1,000
or'ginal principal amount of first lien and refund'ng mortgage gold
bonds, series A, 7'ii'<, extended to 1946, and. first lien and
refunding
mortgage- gold bonds, series B, G'a
extended to 1946, to holders of
record
43,359 718
portion)
oper.-,
B-il.
organic synthesis.
Diamond's
<
$15.52 principal pay¬
participation certificates
Cuban
in
Recent-increases
the
payment,
liou
producing
machining
prices include the return
<
the. Plan
start
materials
inc.ude
The company on
100
New
pet'
source)
inc.—
29,324
.
other
Prices Increased
the
,
134,658
-
,
ones
28,843,152
<
2.660,000
97,764
299,865
in degreasing and meaning metals prepara¬
metal-cladding
and
other
surface-finishing
used
additional
are
chief
removers,
settlement *
be
Is
and
....
There
continue
'
also
It
lubricants
the
that
Co.—Principal and Interest Payments—
would
eleetronlat'ng.
Shipments
Cuba RR.
28,495,485
26,183,152
wide application
-
gums.
receipt
Bank,
to
die
bonds
deposit
8,476,522
2,320,000
Divs.
lugn solvency lor such
-
1, 1948, must have
the above payment.
the
at
the
1,
$1,000
11,391,531
26,175,485
736,744
733,942
435,432
1
income
company
operations.
cer¬
Dec.
show
bonds
that
Dec.
on
per
deposit
and
beginning
stamped
ou
168,
the
directed
9
bond
$34.88
income
provided
Fraley, Vice-President in c.iarge of sales, stated that
finds
tory
business.1
,
Federal
610,000
776
-
product will enable Diamond to expand further its line
chlorinated hydrocarbon solvents.
The
cornorsitten, h«s
produced
tetrachloride at its Painesville. O., plant since 1933.
While its primary consumption is in
ary meaning, pereulorethylene
also
to-be
90c
close
the
at
Nov.
on
ex
bonds
made
contracts
attached
participation
of
Cuban
record
$1,000
per
quoted
1,
Interest
less
of
Exchange
$3.95
be
1948; that the
dealt in "flat," and
rider
in
$15.55
'
Stock
York
lieu
payment
to
1948.
deposit
on
cash
holders
to
source)
19,
quoted
the
$14.65
amounting
1948.
at
Nov.
on
and
payment
tificate-;
for
other
7,865,522
,
1480.
the
1.170,912
5,172,240
880,000
$79,483
carbon
principal amount of said
cipal
533.132
2,932,353
976,52.
perchlorethylene at facilities
of
receipt
"part-redeemed," for $1,000 original
bonds ($3.81 interest payment, .$15.52 prin¬
deposit
pev
of
450.838
1945
cals,' this
due 1942, "part-redeemed,", upon
presentation of bonds for stamping of the rider attached thereto; and
bonds.
gold
22,500,000
940.633
—.
prov.
Not
Marking another addition
of
1948,
1,
25,000,000
not
cos.
Prov. for exc. const, costs
1946
1949
$1,000 original principal amount of first mortgage
per
7,500,000
common
(net)™..
(allocated
daily tannage
now rapidly nearing completion
at its
Houston, Texas plant. The operation will be allied to the com¬
pany's electrolytic production of chlorine and caustic soda.
Constitution of
the Issuance, of
the
Plan
the
will be
payments
of
72,937,749
new
'
accordance
90,295,360
$1.50
1947
of
In
$1.41
Ry.—Earnings—
in
-
23,434,723
investment
inc.
taxes on
(based
of basic chemicals, on Nov. 9
perchlorethylene, the solvent
dry cleaning field.
Co.—Principal and Interest Pay¬
Cuba Northern Rys.
ments—
slock
This company, a major producer
nounced it3 plans to manufacture
in great demand in the
W.
—
owned
Total
8,013,951
$184,246
railway
168, p.
Fred
(net)
Corp,
wholly
$2,506,175
—„
railway—
Net
Net
ah
per month.—V.
8,395,261
1948
income—
oper,
9,896,600
48,100,000
General
controlled
in
Diamond Alkali Co.—To Expand Line of Solvents—
major details.
Operating-in greatly improved manufacturing quarters, with new
or
modernized
equipment and expanded production facilities, more
than. 3,000
persons
now
are
employed in
the Sanderson-Halcomb
Works.
This
level
of
employment
represents a
payroll exceeding
$900,000
ry.
From Jan,
operations formerly located at other Syracuse locations, the Sanderson ;
plant and the Emerson Avenue plant.
Equipment was transferred to
the enlarged Sanierson-Halccmb Works and, in addition, a complete
modernization
and production improvements program has been put
in
capital
railway
railway
from
11,718.700
61,570,000
•
10,511,531
of
Gross, from
Net
2,621,800
15,510,000
32,843,187
—
$10,520,127
—
shares)—..
September—
.
4,772,100
22,320,600
inc.
oper.
1797.
p.
Detroit & Mackinac
Syracuse, N. Y., which in the
$3,600,000 program of plant
a
company
through
share
per
6,997.430
168,
for
portion J
income
Mitors
4 590,015
$9,876,882
$1,481,620
income
V.
of
gram
5,433,873
declared—.,
or
24,720,628
(ten¬
stock
181,677'
America—Makes Improvments—
expansion,
improvements end
luring renters.
The
Net
.
Works, at
completed
Sanderson-Halcomb
of
paid
43,528,879
32,03G,634
10.000,000
on
from
Less
—
Crucible Steel Co. of
The
fall
income--
—
dividend?
57,979,583
8,689,869
461,130,650 378,589,711
OUicf income:
$15,310,755 $15,11.0,142
income
Oil
.
'
Balance
$1,263,094.
$1,222,787
$1,214,986
—
1579.
P.
income
Horn
16,444,290
fund)_
to
Misc.*other
Net
194(5
1947
1948
Month of October—
bon»s
taxes
Oper.
operations™— $14,973,364 $14,928,464
336,791,
corporate
130.369,682
obso¬
and
Income from
Gross
162,681,369
and
admin.
available
allocated
504,410
9,752 426
—_
taxes)
utility
9,201,213
197,070,370 714,790,987 582,773,567
11,438,248
tatively
7,320,000
income
Cash
-V.
from
573,572,354
6,032,616
lescence
9,48 5.617
5
Co.—October Sales Slightly Lower-
Crown Drug
Gales
income
708,698,37 1
2,169.200
19,386,732
sold
charges
and
gen.
Divs.
The
194.901,170
253,446,636
goods
of
acqui¬
-
Federal
pst.
$
1,809,315
„
Depreciation
Jjj
8,070,U')0
reserve-.
electric
income
$
revenues™
operating
Sell.,
30
10,9Ct,3c"3
repairs
retirement
of
Taxes
$0.58
1040.
p.
to
Amort,
37L6=5
Earnings per
—V.
Approp.
$5,848,312
....
profit after Federal Income taxes——
common .share
Net
Cost
to
operations
115,597,510 102,163,553
——07,897,640
56,293,169
utility
expenses
Maintenance
SEPT. 30, 1948
FOR THE 9 MONTH3 ENDED
SALES AND EARNINGS
earnings from
Operating
1940—9 Mos.—1947
$
returns,
exps.
MONTHS
12
oper.
Total
1248.
FOR
of
etc.)
1948
30.
1348—3 Mas.—1947
251,637,321
(net
Other
15,
Jan.
Companies)
allows., outwd. freight,
the
changed
capital
the
ot
6
Sept.' 30—
INCOME
Subsidiary
S
Sales
New Debentures Increased—
on
CONSOLIDATED
OF
(Including Wholly Owned
Period End.
full,
$
Cory
$100.
interest rate on the
proposed issue of convertible debentures from 2.80D
to 3'*.
The directors also declared a
dividend of 30 cents per share on
amounted to approximately
which $1,200,000 represented cash,—V. 168, p. 741.
assets
current
Net
The
—
— —
payments,
Interest Rate
SJ*,*25
*590T746
-
instalment
on
175*581
ioo'a^q
denominations
may be made at any time of all instalments payable.
If
payment fs made in instalments, there will be an adjustment of inter¬
est between the accrued Interest on the debentures and interest allowed
908,119
"0.4d9
39b,565
in
issued
be
Prepayment
119
908
950.,272
income
tammo
per
"'^'212
r—-
o,SronT^;c:::::
no
Earned
'
allowances, etc. $12,099,485 $12,994,27j
*•*»«'
in^777
subsidiaries—
Cosl of sales, incl. of depreciation
-------Selling, administrative- and general expenses..
Other deductions, net
*to
will
Monday, November 15, 1948
STATEMENT
Upon subscription, payment may be made in full; or, 20*7 thereof at
the the time of subscription and the balance in four equal instalments.
-i5T''
■■
Fales to customers, less returns,
Sales
1047
*
■
aO
debentures
No
Subs.)—Earnings—
Continental-Diamond Fibre Co. <&
9 Months Ended Sept
COMMERCIAL & FINANCIAL ; CHRONICLE
reached,
.expansion
Non-subsidiary
Total
(as
above)
—
„—
Expenses,
taxes ar.d
236,241
263,350
$1,744,175
income
$1,742,093
187,756
interest
167.395
$1,556,419
$1,574,698
of
Balance
-
Volume
16B
Number 4751
EASTERN.
.
UTILITIES
THE
-
ASSOCIATES
(Earnings of Holding Association
,
12 Months Ended Sept: 20—
Dividends irom subsidiary companies
'<■
;
,
.
194.1
'
236,241
$1,608,259
233,350
$1,871,609
54
the
net.
taxes
Federal
incbme
taxes——!
Interest
'
1
in,
merely
paid—
Convertible
dividends
—V.
■
—V.
100,723
15,557
$1,570,842
dividends
profit-this
net
12-month
a
refl ets
the
we - are, not
now
for
indebted
ta
any
ended
year
July
31,
been
>"
the
products..
1948
company has ever shown.
This does
of the
company's new plant (No-.
run
is
operation
of
plant
No.
3
approximately
Working capital Is the highest it has
168,
1693.
p,
has
for
of
$1,704,214
1,371,2)9
157,911
Fuel
1,371,299
157,911
1530.
rev.—electric
$9,634,242
2,485,970
2,064,819
$17,328,993 $12 457,573
3,274,275
a year-end' dividend
been
common
rising
during
this period
Period End. Oct. 31—
1948—Month—1&47
€2,457
93,845
95,585
831,857
1,374,223
1,073,187
passenger cars and 43,559 were trucks.J
GM's
total
car
and
truck
Canada
Federal
Other
$6,370,715
.
$6,381,616
$60,622,871
member
-.fc
of
the
New
York
law
Jiioe/a director. of Collins
Bank
of
1,023,629
1,091,100
by
546,200
724,274
1,175,159
$3,051,109
$2,713,640
5,595
83,355
19,444
109,693
$2,422,007
$2,185,816
$3,070,553
$2,823,334
763,313
£61,363
970,252
the
for
1,557,347 for
first
the
months
10
of
1948
last
period
same
..
&
firm
of
Aikman
Newark,
(net)__
income
$1,658,695
the'week
ended
from
sale
of
$2,100,302
earned
Drl,298
directors
made
50
17
this year
cents
Nov.
on
share
Doc.
Operating
Operating
9
declared a final dividend for the year of
1,230,500 shares of capital stock outstanding,
of
record
Nov; 19.
Payments previously
the
on
to
Trust. Co.,
for
the
Ktw
York.
Y.,
165,
has
from
Net
Net
ry.
From
from
Net
from
Net
ry.
2,136,843
450,451
railway—/- 130,425,118 110.724,247
railway
1C8, p.
Earnings
735.219
per
—V.
566,630
36,511
20,283
328,999
260,110
210,704/
180,745
167,980
158,982
224,160
5,899
4,246
54,824
46,480
7,397
78,035
48,25;>
4,52-k
The directors
10.9,197,682
21,950,695
10.988,374
26,098,568.
7,473,775
T, 440; 461
11,867,873
The
Nov. -5
on
in
1949
of
President;
Alfred
S.
Dowling,
Blasband
60,063
56,565
52,646
$126,179
$162,834
45,841
$208,675
$272,389
58,433
47,926
76,103
;
.the
in
'
$105,921
$132,250
150,000
IrWin
Secretary;
Apfel,
-
Secretary.
'
all
prewar
is
$0.88
$L12
return
to
This
;
announcement
an
the
of
extensive
luxurious
Walsh
vessel
168,
of'the
one
industrial
taxes
Gross
income
!
on
of
sponsors
the
Chairman of
Net
reconversion,
that
board, said on Nov. 4.
industrial membership plan, Fairchild will send research
specialists
to
the
University
for
quarterly
conferences
to
discuss
current progress and new techniques in basic science.—V. 1G8,
p. 645.
.
propulsion, with
on
—V.
operating
a
Chemical
Bank
&
Trust
•
trustee
,successor
under
Other
income
'
:
The stockholders
the
$3,058,131-
180,237
Total
earnings—12—12-—I'-l
gross*
Co.,
York,
New
than
168,
Gross
127,500
208.944
for
Federal
income
income
on
'298.246
taxes
&
N.
Y.,
Gas
Co.), securing
124, p. 235.
3837; V.
before
244,232-
interest,
capita!
charges
charges
etc.,
2
i
'
.
$564,249
postponed
shares
of
for
the
market
second
common
stock,
time
to
the
offering
an
the
be
offered
being actively considered, however,
ing was first postponed Oct. 1 for the
the
of
additional
The
L.
Dunn, for
Manager of this
the
The
said.
company
reason.—V.
same
the
Dunn
companies'
service
with
Both
Mr.
168,
Fidelity
Dunn
Provision
Wiiram
for
s.
this
Price,
has
V.
plan,
after
and
Buckler
will
the
Buckler,
45
continue
mahagement
of
of
years
its affiliate.
the
-
p.
been
past
its
10
years
affiliate,
named
before
the
Resident
Manager
No.
1948—Month—1947
$875,940
V.
$724,765
$6,657,866
share
Kurtis
annual
The
of.
mented
prices,
the
R.
cn
cue
bank;
substaniial
of
the
as
of
Froedtert,
of
the
decliue
fiscal
year
today-we
1946
are
for
of
stock
Jan.
1
$2.34
13,
the
and
in
w^s
that
ycui'-end
for
in
prices
grain
ad-aviated
borrowing
no
the
we
first
which
this
the
July
Board,
31,
necessary
at
of
$7,097,884
high
in many years.
occurred since the
with
the
from the banks
result
and
to
the
sales
company's
efforts
keep
to
other
with
to
the
aggressive
cost
itn
of
foods.
has just completed the sale of $3,500,000 sinking
debentures, due 1963, to a group of instiutional Investors,
company
3V*%
the
outstanding
retire
tureu
New
York
Life
long
Insurance
debt
term
capital.
Kidder,
168, p. 1693.
5,690,225
Co.
of
Proceeds
about
Peabody
will
be
$2,000,000,
&
Company
used
to
and
acted
as
81,226
—
1,965,000
$4,627,400
1,914,010
1,898,610
1949
B.
facilities
of
now
under
are
will
Goodrich
F.
Oct
be
construction
operations
large-scale
as
part
a
1949,"
Richardson
Mr.
said,
chemical
unit
vinyl
produces
tvpe
taxes-
rubbers,
1G8,
agricultural
1042.
p,
.'
within
the
few
next
weeks
plant."
synthetic latices, nitrilespecial-purpose
chemicals.—
pilot
resins,
rubber
and
I
Grand Union Co.- -Current Sales 22%
$1.37
$2.09
Period End, Oct. 30—
Wks.—1947
$7,550,050 $76,039,028 $65,226^25
$9,214,193
—V.
Higher—
1^)48—35
1948—4 Wks.—1947
Sales
the
year.
for -the second
quantities of the new
"trial
plasticizers will be available
Lake'experimental station
Co.,
of
scheduled
are
Avon
manufac-
Chemical
8.,
Lake, O;, expansion announced earlier this
initial
our
The
2,985,000
in
volume
resins
$7,612,400
$3,193,891
in.comc
synthetic
other
on
quarter
€6,434
$5,158,891
and
by
high-quality
$7,545,965
taxes.
oubstantiai
"While
607,550
.
vinyl
Richardson, President, announced
,tjt
S.
$3,000,000 Avon
8,153,516,
612,560
for
Production
119,329
Nov.
declared
8
168, p. 1581.
Nov.
13,.
1948.,
Period End. Oct. 31—
a
year-end -dividend of $2 per
stock, payable Dec. 10, 1.948, to
Together
interim
with
and
also
dividends
cf
declared,
$1.25
per
cents
share
payable
per
Feb.
share
the
on
1949,
1,
the
on
$3.75
is
prior
below
tion
the
greatly.
and,
For
addition,
note:;
and
capital
$5
series
of
Grayson-Robinson Stores, Inc.—October Sales—
it
earnings
out
of
in
program,
its
plants
the war
employees has
dollars.
sales
plant
has
been
than
had
in
capital
the
current
necessary
rate
and
have
to
case
the
in¬
retain
prior
sale
1581.
p.
Creditors
Lakes
for
better
involved the expenditure of hun¬
Substantial capital expenditures have also
and
1948—10 Mos.—1947
$4,899,496 $55,567,134 $40,081,654
-
shareholders
Terminal
Terminal
Warehouse
Warehouse Co:
the
holders
Co.
house
change
of
notes
Toledo
of
shares
for
Warehouse
Co.
in
that
Toledo,
for
an
shall
cf
and
with
fixing
the
Lakes
time
surrender
stock
common
its petition
filed
Great
order
present
the
accordance
company are notified by
the
successor
to Great
has
debentures
or
af
the
of
Co.
of
reopening this estate end
of
for an
within
Terminal
the
same
Lakes
Great
Great
Lakes
order
which
Ware¬
for ex¬
Terminal
the
plan of reorganization of the
Toledo company approved and confirmed by the U. S. District Court
for the Northern District of Ohio, Western Division, May 9, 1935.
to the
Pursuant
District
for rehabilita¬
the replacement
provision;
1948— Month—1947
$7,114,103
—
168,
organization Proceedings—
of
stock.
completed,
equipment,
eifort
the
through
preferred
now
and
facilities
been
—V.
Great Lakes Terminal Warehouse Co. of Toledo^—Re¬
period. 1936 to 1940.
higher price level, capital
for
new
and'$100,000,000
modernization
dreds of millions of
reasons,
of
to
Sales
record
prewar
of'the
and
to obtain
postwar
machinery worn
working facilities foi
the
for
result
a
these
relation
In
average
as
percentage
in
in
1940.
working
of
•
to
the-war-ended,
-for
'■
r
I
-,
peak
;
.
dividends
series preferred
holders
to
1948—10 Mos,—1947
1948—Month—1947
$22,155,120 $20,425,615 $172,664,166 $167,264,600
..
—V. 168, p. 1799.
Period End. Oct. 31—
.933,a
The corporation's
„
j?-'-*
1947.
in
1349.
1942
end
a
of
rest
in
comparison
W.
$8,034,188
——
outstanding'common
much higher
The
that
the
company's
$3.50
pointed out to
believed, were substan¬
the
industry.
Mr.
Gerber
he
•
quarterly
$ 125,000.000
from
have
of
increases
in
piasticizers
166,999
,
on
stock
were
10,
creased
grain
time
has
$2.32
President,
Gerber,
company,
the
working
Intermediary.—V.
1,326,586
expense—
$5,077,664
shares
record
requirements
com¬
money
those
large
the
of
to
as
increase
$9,360,774
1,574,658
depreciation
general
„
paid
profits
Since
the
1948
by
borrowing
were
condition
money
of
sales
Dan
of Plasticizers—
Earnings in terms of present-day dollars are currently running at
leki'lively high levels,, and employment is now about 50% above any
a
ended
1947
943,027
260,000
520,000
sales,
as
1947
-
of
part:
year
requirements made
whi.h
has
Chairman
said
fiscal
that
to
the
Alfred P,
$1,000,887
$1.18
-
.
1948
,
the
exceeding
The
$12,960,000
half
that
30—
products moderate
Issue
per share paid earlier in the year, this year-end payment
total dividends paid in 1948 to $4.50 per -share, as compared
preferred
1945
$1,085,990
$1.41
Oct.
for
large cash
re.ndt
at
1947
$1,286,074
$1.73
1,622,862
share
the
undei
Sloan, Jr., Chairman of the board, and C. E.
Wilson, President, said:
1948
1,929,671
82,970
shares
common
well
$2.50,
with. $3
$6,175,844
$1,553,772
365,697
482,651
150.
p.
income
Federal
the
-peacetime
President
on
report
the
understood
is
168,
Federal
942.
p.
on
brings
Malting Co., Inc.—Earnings—Bank
share,.
meeting held
annual
It.
trustee
'
directors
holders
city.—
Loans Repaid—
Years Ended July 31—
Net income after taxes.
743,068
960,675
(W. T.) Grant Co.—October Sales Increased 8.47%—
-
Froedtert Grain &
com.
appointed
—,
share
per
The
agency
that
of
per
tially
General Motors Corp.—Year-End Dividend of $2—
Houston, Tex.,
Bonding Co. of
in
1,150,431
"
Sept.
announcing
fund
<net
profit
common
168,
combined
1948—10 Mos.—1947
—V'. 168, p. 1481.
per
shares
1948
income
"of
Earned
in
American
7,325,274-
'
Net
Vice-
•
Vice-President
lor
and
.,•
"
their
former
in
5,813,620
1,238,791
selling
V.
Fishman Co., Inc.—October Sales Up 20,8%—
Period End. Oct. 31—
Sales',
Earns,
44.
(net)—.*.
income,
operating
Regular
(M. H.)
been
depreciation.
depreciation
c_'_
for
Net
Associate
companies'
139,872
5,822,983
$19,231,794 $12,975,345
attributed
$5,523,226
income
First
34,237
1481.
p.
stockholders
shares, 99,500 shares, less
There would be no change
profit
Net
I-093.
168,
and
'Other
*
for the
and
company
L.
President. and
54,239
6,569,207
income™
oper.
Months Ended
from
Amrican
Deposit
Mr.
to
Donald
elected
were
insurance
and
and
capacities with respect
department.
Baltimore,
has
down.—V.
1901.
Vice-President
107,57a
139,853
1—
168,
Earned
Corp.—Earnings—
offer¬
p.
1945
$749,17&.
60,18*7
income
Jan.
Number
an
'
Series
taken
is
Bonding Co. of Baltimore, an
John,. G. Yost, who recently retired under
succeeds
retirement
the
and
company,
Manager, on Nov. 4
President, respectively, of the
Mr.
issue,
administrative
Provision
several'years
past
Agency
affiliate.
been
Go.
operating income
Operating profit, before
Fidelity & Deposit Co. of Maryland—New Pres. of Unit
Agency
Trust
trust
Operating
-
79.080
offering
1946
$850,362
77,733
Net, earnings
1
B
outstanding.
rights of the class A and B
Other
has
1947
$642,023
(B. F.) Goodrich Co.—Unit Plans Volume Manufacture
$512,707
corporation
shareholders.
still
Herbert
treasury,
relative
Selling,
conditions,
1948
157,409
Sales
meeting Dec. 21 on splitting
class
140,000
9 Months Ended Sept. 30—
Gross profit on sales, before
Corp.—Again Postpones Stock Offering
unfavorable
$4,158,302
Gerber Products Co.—Earnings—
.
Ferro Enamel
of
the
General Cable
47,427
'
Because
annual
are
has
2,676,064
$3,731,321
41,268
$774,517
oper.
ry.
6
$560,135'
47,390
Balance for dividends and
surplus.,2
—V. 1G8, p. 742.
at ihe
vote
in
Manufacturers
214,620
$611,640
-
will
General American Transportation Corp.—Equip.
issue
Balance
Total
2,676,064
$271,,709
railway
from
—V.
has been
1, 1904, of
shares, two-for-one.
of
equipment
$6,824,360
6,032
1902.
p.
including
127,500
.
$494,714
223,006
$6,407,385
223,006
railway
Net from railway
1,918,324
•
99,298
.
Federal, taxes
the
116,608
stock—
September—
from' railway
4.02%—
dated Nov.
participation
the proposal.—V. 165, p.
2926.
$3,218,126
2,178,321"
—
119,178
—.1,
other
Provisions
'$3,589,817
2.:
__
Deprec ation
Taxes,
±
costs
B
authorized- issue
an
500-held
159,994
in
Maintenance'
class
Of
109,732
Cr28,774
$441,859
pfd.
Net, from
731
1948—10 Mos.—1947
the mortgage
p.
1947
$3,409,580
9,717
$664,864
Gross
gross
Gemmer Manufacturing Co.—Plans Stock. Split—
1948
-
-
revenue—*
4,139,917
Georgia RR.—Earnings—
14,238,724 127,104,978 116,563/770
company
(now Public Service Electric
issue of general 5s due 1954.—V. 144,
Co.—Earnings—
9-Mo.iths Ended Sept. 30—
1.939.50&
4,490,278k
$787,002 t510,090,691 $10,311,667
295,973
3,821,813
3,552,640
0,717
Cr24,864
income
In
Gross
(Cr)_
cxps.
Balance
her
for
Sales Up
this
-
I
1901.
p.
appointed
1,BOO,000
5,246,007
3,602,891
)
the
made
Gas & Electric Co. of Bergen County—Successor Trustee
the
Fall River Electric Light
&
prams.
Walsh,
accommodations
and
150,000
699,270
$954,292
324,009
debt
Other deductions
Net. ry.
14,811,326
168,
The
the
Opera.r'ng
long-term
j
Amprt. of. debt discount,
.
knots
21
.1948—Month—1947
_i
—V.
University of Chicago's basic atomic and metal research program "as
means of keeping
pace, with scientific developments which may have
tremendous impact on the company's products and processes," J. Carl¬
Ward.
John
by
facilities
turbo-electric
of
150,000
804,164
)
income
!
545.
p.
.Period End. Oct. 31—
Sales
corporation-iras* become,
Under
taxes
York-Bermuda
added,
v/.ith
speed
a
acqui¬
adjustments—.//
Federal
Divs.
half
a
of
plant
1948—12 Mos.—1947
$4,879,500 $63,909,416 $56,763,161
2,768,228
37,522,027
30,326.549
475,000
5,647,800
5r555,250
3,122,997
466,700
depreciation
of
General
Net
Program—
a
ton
New
$5,498,153
expenses—.
for
From
Fairchild Engine & Airplane Corp.—Invests in Atomic
Research
(he
to
Corp.—Weekly Output—
1948—Month—1947
revenue
sition.
...
>
1,557,347
company for the week ended Nov. 5, 1948
155,890,720 kwh., an increase of 9,143,024 kwh., or-6.2%,
the corresponding week of last
year.—V. 168, p. 1902.
Amort,
vacationists,
Mr.
a
22,500,
passengers,—V.
and
1,807,835
1902.
p.
Operating
150,000
$0.71
will
and
year
with
with
of
17,827
184,688
49,610
Georgia Power Co.—Earnings—
$167,786
150,000
Bermuda"
regular service,"
tonnage
23,134
186,791
Period End. Sept. 30—
28,500
share——
a
The, "Queen"
.meeting:
Leonard L.
Maxwell
P.
Bralow, Vio
2,78.9
electric ouput of this
Gross
$196,286
28,500
Gamble-Skogmo, Inc.—October
,
The
supplemented by new devices
which will .add to the
.pleasure and comfort of passengers," Mr. Walsh
said. ."Completely- renovated
from bow to stern, the 'Queen' on her
return will be one of the most modern
ships sailing from New York
the
4,666
54,462
amounted to
Prov.
$160,749
28,500
stock.
common
return
popular
684
6,308
General Public Utilities
24,771
$134,421
requirements
12,
almost
wi.l
284
6,120
•
—
$247,618
!___
according
Manager.,
General
'Queen'
en
'*
; •
and
Stanley,- Treasurer;
Assistant
debentures
10-year
-
at
S.
so
subject to .stockholder approval
capital stock in the capital'zation of the '
of
-principal amount of $250,000.
following officers were elected
Presidcntsr'Harold
John
785,280
89,004
59.567
income
of
Feb.
011
"Af'.et;
Capitalization
authorized,
shares
and-the' issuance
maximum
Zeidman,
924,495
55,558
taxes
outstanding
."Queen
service
increase of 5.000
The
1,173,027
profits
common
226,767
2,296
168,
1946
Int.
14,321,932
Factors Corp. of America—To Increase
—Plans Issuance of Debentures in 1949—
.
DIVISIONS)
1948—10 Mos.—1947
658,264
.
Passenger
Furness, Withy & Co., Ltd.—"Queen of Bermuda", to
Return to Service next
February—
1430.
corporation
(BY GM
Truck & Coach—•
—V.
1947
168,. p.; 742/
829, i)5
92,527,230
and
1,807,835, compared witn
8,903
$1,145,607
income
shares
U.
an,
was
61,988
Trucks
Total
$1,232,898
tnet)
Common
32,964,192
income-—
were
States
70,707
—.
1—
ope*,
143,232
United
the
20.494
$1,955,425
66,674
operating
Bal, aya-lable for
$9,861,309
1,483,121
1948
accruals
Net, income
Preferred dividend
1945
$15,175,230 $12,666,419 $11,227,239
4.337.2G2
1,933,484
2,169,030
_
iucome___"
Jan.
194G.
1947 .;
$2,099,004
$1,414,332
deductions
excess
deductions
been
3166.
p.
$1,519,223
$192,854
&
reserve
income
Gross
:
,
in
compared
17,419
27,063
over
Utility
Other
Income
N.
stock.—V,
common
1948
.
.
railway
from; railvoy_
—V.
£:
agent
September—
Gross
Fed.- income
RR.—Earnings-
oper.'
the
1948—Month—1947
Trucks
revenue
Retirement
15y 40 cents; and June 18-and Sept. 17,total of $2.20 was paid.—V. 168, p. 1143.
a
Bank
appointed transfer
$1,658,695
*
March
1947;
Chemical
Gross
October,
in
GM of Canada—
surplus
holders
follow:
each* In
Erie
In
trucks
18,344
GMC
12 Months Ended
Sept. 30—
revenues
Emery Air Freight-Corp.—Transfer Agent—
The
and
October,
21,668
300,073
Florida Public Utilities
Co.—Earnings—
.
The
.
32,076
Cadillac
$1,655,352
194.773
property
i—V. 168, p. 1041.
Electrolux Carp.—Declares 70-Cent Dividends—
70; cents per
terms
repre¬
•
>
Oldsmobile
Balance transferred to
Corp.—Weekly Input—
Nov.
4,, 1948 the System input of subsidiaries
of this company amounted to 77,721,000
kwh., an increase of 14,491,000
kwh.f or 22.9'r,- over the corresponding week of last year.—V. 168,
p. 1901.
payable
In
have
Pontiac
1,167,982.
$1,324,450
Special credits resulting
Park
Electric Power & Light
General
war,
year.
Coaches
For
and
Buick
deductions
Net
Co. of Newark, N. J:, and National
and a Commissioner and Vice-President
Commission.—V..168, i). 1360.
N. J.,
Palisades Interstate
Period End. Oct. 31—
Chev rolet—Passenger
Trucks
Inc.
,
Kafer,
Terminal
Bush
J
(net)
He
Chamberlhi,
Corp.,
income
lb
mora
962,445
$2,102,462
GM
production
PRODUCTION OF MOTOR VEHICLES
Bullrings Co., Firemen's Insurance
State
of .the
1,132,506
486,300
£53,943
to
prices
levels.
period
••
(Thomas A.) Edison, Inc.—New Director Elected—
Albert R. Jubc has been elected a director of this corporation.
Wilds
776,185
861,400
taxes
taxes
Other
a
853,196
$57,137,230
—V. 168, p. 15P0.
also
3,286,555
$2,416,413
Sales
is
income
the
prewar
corporation produced 136,791 passenger cars
States
and
Canada, during the month of
the September total of 176,880.
Of
the .total
vehicles produced
74,415
depreciation-.
6,136,776
While
since
reach
share
per
The
1,056.683
for
$2
with
2,555.887
Improved
corporation
Increased—
4,97.0,640
Prov.
1948 —10 Mos.—1947
and
did not
generation
Elec. purchased for resale
Edison Brothers Stores, Inc.—October Sales—
of
the
power,
dividends in the postwar
lower return to stockholders.
even
and
new
stockholders.
Maintenance
168, p.
paid
for:
position, of
United
2,756,332
electric
lor
an
tooling
financial
October Car Production
1948—12 Mos. —1947
$13,672,660
expenses
used
(& Sub.)—Earnings-
1948—9 Mos.—1947
to pay
have
costs
purchasing
and
■
present
Motors dividends in
,
Period End. Sept, 30—
Operating
Operating
equipment
/
the
400,000 General Motors
living
seven
for
of
been possible
than
and
been—$6,469,350.
ever
required
view
In
not
3)
Florida Power Corp.
15,210
income
$1,553,772
sented
88,272
2
Common
of
45
take
)
months.
Expenses
General
Right
CHRONICLE
•
profit
largest
51,070
Light Co
Total
$2,329,693;
,
The
1947
$1,5)22,357
—
position' of
FINANCIAL
.
84,220
River Electric
cash
bank.
Only)
$1,758,598
Dividends irom Pall
Net
"
■
COMMERCIAL &
the
of
Toledo
show
Ohio,
of
of
notes
and
order
debentures
outstanding
cause
before
Building at Toledo,
.should not be-
the
of
U.
Western Division,
the
as
of
court
Ohio,
granted.—V.
of
the
at
S.
District
Court
entered on Nov.
Great
Lakes
1,
for
the
1948,
Terminal
Co.
of said order, are ordered to
hearing to be held in the Federal
date
a
Nov. 19 why the prayers of
155, p. 2184.
on
Northern
all holders
Warehouse
the petition
'
'
Wet ry.
Income—
oper.
.
from
Ended Sept. 30-roperations
Nine Months
front
income
Gross
Operating expenses
13,423,924
Net ry.
Net
$248,427
88,808
$204,748
57,046
747
2,299,406
453,934
1,981,562
352,994
2,037,689
160,380
82,266
55,919
64.436
$295,695
21,662
*9,832
railway
oper. income...
Prom Jan.
Gross
$251,435
4,937
*31,624
601,126
September—
from railway
Gross
from
1945
from
Net ry.
and credits (net)**
Other income charges
Net
income
railway
income—
at beginning of period
Surplus
427,560
the coupon stock, the dividend will
of
case
coupons 72
Period End, Sept. 30—
14,555,378
—
surplus***
Dividends
11,759,159
Operating
$22,510,668 $18,556,612"
281,257
3,668,247
3,114,792
—
-
preferred stock
stock
a.
Dividends on 3%%
for Canadian exchange
fluctuations and for other contingencies
to
Transfer
Higher—
Corp.—Earnings1948—9 Mos.—1947
$3,043,806
$2,274*340
4,103
2,268
1848—Month—1947
$360,849
$268,123
722
268
revenues
„
common
on
ruled.—V. 168, p. 1694.
to 80, inclusive, the Curb Exchange
Indiana Associated Telephone
Uncollectible oper. rev
Total
—V. 168, p. 1481.
(H. L.) Green Co., Inc.—October Sales 15.1%
1948.
29,
the
$6,797,453
$7,955,290
1
*
EARNED SURPLUS
2,728,533
railway
oper.
—
41,336
1—<
from
686,060
$14,264,371 $12,604,263
6,309,081
5,806,810
from operations
income
Net
1946
1947
Nov.
be paid on and
of coupon number 71. The dividend
paid by check on Dec. 1, 1948, to
registered holders of record at the close of business on Nov. 15, 1948.
AH deliveries of the registered stock after Nov. 13, 1948, in settle¬
ment of transactions made prior to .Nov. 29, 1948, must be accom¬
panied by due bills redeemable on Dec. 1, 1948.
All transactions in
the coupon stock made on and after Nov. 29. will be on an ex-dividend
basis only and must be settled by delivery .of certificates carrying
11,030,814
1,144,272
receivable**
.
after Dec. 1, 1948, upon surrender
on
the registered stock will be
1948
1947
$28,832,567 $24,321,137
—,
*
Prov, for losses on instalment notes
1948
a
on
Westerrf RR.—Earnings—
Green Bay &
Net
ex
Household Finance Corp. (& Subs.)—Earnings-
155,434.240
47,559,551
25,080,108
155,032,929 137,734,942 119,704,658
35,578,870
33,740,558
23,299,651
18,862,887
15,494,988
12,740,956
railway—
railway
Net ry. oper. income..
—V. 168, p. 1902,
Net
New York
Curb Exchange announced
on
Nov. 4 that the
and registered capital stocks of this company will be quoted
semi-annual dividend of 25 cents per share in Canadian, funds
coupon
In
Prom Jan, 1—
Gross Irom
New York, N.
Trust Co.,
The Colonial
$17,541,895
1,269,018
3,655,657
$23,986,963 $19,157,833 $16,385,488
9,656,929
6,491,372
4,749,530
4,382,184
3,281,165
3,650,526
Imperial OH, Ltd.—Ruling on Cash Dividend—
The
Y., has been appointed suc¬
cessor
co-trustee for $2,565,500 of certificates of participation and.
beneficial interest of the Hotel Windermere, 666 West End Ave., New
York, N. Y.—V. 153, p. 2007.
1945
1946
1947
1948
City—New Co-trustee—
Hotel Windermere, N. Y.
Great Northern Ry^Earnings—
September—
Gross from railway***
Wet from railway
Monday, November 15, 1948
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2008)
*
revenues-
$360,127
258,892
209,946
50
50
Operating
665,000
$3,039.70(3
2,343,116
$267,855
Operating expenses
Rent from lease of oper.
reserves
$2,272,072
1,816,007
'
1948—Month—1947
1947—9 Mos —1947
$9,072,435
$7,882,526 $69,433,391 $63,708,228
Period End. Oct. 31—
Sales
~V.
168,
J 581.
p.
share***:
per
Gulf Power Co.— •Earnings—
34,833
30,000
4 000
4,000
43,000
48,000
82,849
100,606
(399,750
399,851
income
1717,260
Gross
int.
taxe—J
income
$80,260
339,000
hand
on
sundry
assets
deferred
deductions
Other
Net
18,999
$1,061,541
66,156
$1,243,901
66,156
Balance
2,170
$66,701
$96,094
5,513
.5,513
$6i;i88
.
190,581
Is
company
unsecured
seeking FPC authorization to issue
to mature within six months, as part
notes,
and
mailed
The
rights
and
dividend
of
10%,
The
Oct.
Earned
payable
Dec.
30,
1948,
holders
to
stork
being offered
to
employees,
ftarbor Plywood Corp.—Banker Elected
Gross
other
the
was
principal
underwriter
Int.
of
1P4?"
Surn,us
the end of September
1947.—V.
This
Period End. Sept, 30—
1948—Month- —1947
revenues****
taxes
Federal
63,700
54,951
'6,534
2,917
6,636
a
in
than
$636,069
133,267
-
$132,865
$769,336
131,468
90,641
1,183,061
815,775
1,185,407
90,641
$89,244
$1,229,500
$879,253
adjustment income bonds.
deficits are after accruing full
and
87,007
$50,151.
Net
30,290
29,762
Other
$8,384
$1,434
$69,117
9
5
710
$1,429
$68,407
•
I
J
...
interest
on
gas
all
Period End. Sept. 30—
Operating
Operation
reserves
gas
covering
Rumford
Nov.
cubit
feet
of
gas
Marshall,
Chemical
chased
Hluden
rows
'
addition. will
Period End. Sept. 30—
prevailing. prices..
in V. 168, p. 1586.
tne
*
Taxes other
Fed.
operated
as
a
Providence, It. I.,
President of Heyden,
•
1948—3 Mos—1947
$2,503,221 $10,823,972
2,020,245
1,369,775'"^,726,295
the
Rumford
rev,
bpcr.
revenues-
income
Net
.
1
,
among
Division
of
of Heyden» and he will also head the sales
,5r .taxes for
tt.e first three quarters
$2.634,372 for Heyden and $162,394 for -Rumford.
^jjjrjet book value as of Sept. 30, 194C,
SSSm
1*rinUm?n As of the liabilities
iof
e
< -i
m^roxtittateiy $2,599,793.
same
,
'''
387,620
394,725
225,674
222,439
478,934
453,157
525,876
70,599
$104,029
$632,138
v
,
$669,144
-
'
'•
.
$1,338,683
$1,239,732
40,255
62,979
349,491
454,696
-
23,540
32,216
,$692,684
$664,354
.
•
Gross income
:*»
-
..
$1,378,941
$1,302,711
509,214
257,572
'
-'
Net
income
.Earns, per. sh. on 1,500,000 shs. com. stock
♦Includes
due
»otherwise
six
write-off
.
from
discount
and
reorganization
expense
on
of
*,
^
lim
$184,900
debt
paid
or
of
discharged. on March 31, 1948. Without this tax credit the
net earnings would have been approximately 46 cents per
stock.
^Reduced by approximately $20,000 due to
common
the inclusion of- the- company in
(former
Corp.
parent
the consolidated tax return of Ogdeh
company).
from
t
.
j
Income are not shown for. the three
ended Sept. 30, 1947, as they are not
cbmparable due to the reorganization effective March 31, 1948.—V. 168,
p. 1694.
L
six
and
gross
months periods
_
6,852,036
$633,447
20,720
233
of America, Los Angeles,
43,901
$633,680
$3,141,577
$2,441,959
167,867
720,360
$729,338
$465,813
$2,421,218
$3,097,676
-
Calif.—Net
:Asset Value Increased—
$2,440,237
1,722
deductions
tax .credit
,.
months'
share
$9,292,273
$917,686
;
.**:'
$0.53
of-debt
•
■
♦$869,727
'
estimated
an
the
to
******'
$435,112
,
-
188,347
income
income
Bal.
___*
of the Rumford assets
assumed,amounted to
date, Heyden's consolidated
for
avail,
Illinois
The net asset
per
659,340
value
per common
share of this company outstanding
1948, with securities owned adjusted to market prices,
increase of 5.9% over the net asset value of $25.62
share at Sept. 30, 1948.—V. 168, p. 1582.
at
was
Oct.
31,
$27.12,
an
(F, L.) Jacobs Co.—New Chrysler Contract—
$1,782,618
has- received ciders; frOm Chrysler Corp. for sub¬
quantities of ventilating windows for the 1949 model, pas¬
Rex ~C. Jacobs. President, announced *on Nov. 11.
These ventilating windows represent a new product in the Jacobs
line of automotive parts and production is expected to get under way
in
December at the Parts Manufacturing Division plant,
Traverse
This
135,000
com
100,000
$594,338
$365,813.
$0.85
*
$0.81
510,333
companv
stantial
4004)00
$1,382,618
$3.0J
•
Jersey Central Power & Light Co.—Earnings—
.
30—
!*_'
revenues
expenses
$1,910,884
$2.73
City, Mich., Mr.,Jacobs said.—V. 168, p. 1800..
PowerCo.—Earnings—
12 Months Ended Sept.
Operating
Operatihg
1948
*__!
1947
Period End. Sept; 30—<
$36,116,443 $31,734,729
and general taxes*
25,281,456
3,336,600
Total
22,663,378
2,751,100
Prov. for Federal normal incomo tax and surtax
cper.
revenues**
Operating expenses
Maintenance
Div.
operating
received
Interest
from Kewanee
received
from
Terminal
Co.—
Gross Income
Deductions
.
.
Net
income
.
,
-
——
_**—*
*
,
1,527,783
.490,300
577,200
1,110,300
1,661,641
734,700
,225,300
1,376,230
2,404,271
,205,337
—
$2,472,412
-5,994
$3,399,193
14,814
$3,409,403
$4,595,024
11,015 "
22,739
income
$2,478,406
$3,414,007
$3,420,419
$4,617,764
^otal iucome deductions"
,1,360,497
1,404,010
1,820.029
2.015,171
^$2,009,996
$1,600,390
$2,602,592
Federal
Other
120,929
$7,528,387
.
taxes
Gross
*
******
operating income
"Other income
1,334,629
$5,106,551
income
taxes
3
$6,441,180
1,728,893
_**
^
.
.
earnings of Kewanefr Ppblic Service Co. ; sihee"
acquisition as of Jan 1,1948, applicable to>V the investment of 'Hlhtoia
Power Co. in common stock -of that
'"company^amount tor $7T,59K-lt-:
V. ie8, p. 1255.
^
1,116,414
<30,000
*_____
of
1,155,645
$6,320,251
$5,799,494
,**•
(net)
NOTE—Undistributed
$7,498,387
Public Service Co.
Central
for
deprec.
utility plant
.
1*
revenues
1948—9 Mos.—1947
1948—12Mos.- -1947
$16,179,150 $14,868,558 $21,135,812 $19, 370,532
8,490,148.
0,572,170 TO,982,100
8 *28,279
1,008,639
2,017,553
1,326,281
l,6p7,513
.
Prov.
Net
year totaled
same period.
amounted to
were $30,912,340 and its capitai and surplus $19,930,473.
168, p# 1481.
458,900
.
22,886
taxes
Deducts, from gross inc.
.«
$896,965
(net)*
Earns, per com. share*!
—V. 168, p. 943.
regular Heyden
Sr jhe flnt »in® months of this
S<tleS °l Heyd.en' reached $18,873,095 in the
to^*l
inc.
Operating • inborne**J*
,
as
and
products it makes will be marketed by a
Hevden subsidiary, to be- called the Rumford
Co.
6
1,781,225
192,406
185,607
46,480
228,252
184,899
242,505
263,563
'■Other, 'Income
1948—12 Mos.—1947
$2,917,210
was
Tttm Rumford Division will be directed
by Mr. Marshall, who has-been
SSSoay
$4,815,193
senger xtrrs,
.
dUct«! wiU be ®«"'handised through the
organization, it was said.
m
inc.
than
state
&
months
deductions**
S1.6Z
ck wiU be dlstributed pro rata
be
1948-:S. Mos.—1947
-2,129,074
$79,563
$1.39
grocery
company,
■.
resale
Depreciation *_;
.
revenues****
were acquired by Heyden In exchange
co,mmon st<>ck -and the assumption V
e
,
-
*
near
by B. R. Armour,
President of Rumford.
^ford SlS
and
for
Maintenance
estimated at 700'
97,000 aeres
Oper.
corporation of the assets of the
Works,
904,670
Electricity and gas pur¬
»
of
reserves,
Co.-—Earnings—
Divs. applic. to pid. stk.
for the period
8
,
$2,409,4l4 '$5,351,580
some
Operating
#J^Q°Lohe lasscts °/ £u™ford
selling
.
NOTE—Deductions
Gross
1948—3 Mos.—1947
$2,725,715
1,114,466
revenue
'
,
Idaho Power
350
1948—9 Mos.—1947
$5,604,686 $47,866,600 $43,969,518
168, p. 1482.
Interstate Power Co. (& Sub.)—Earnings—
leases
.
1948—Month—1947
$6,291,057
*
—V.
•
Ktyden
the
stock,
Interstate Department Stores, Inc.—October Sales—
Sales
$79,913
•
1582!
Conclusion of the purchase by this
new
and
share
per
Investment Co.
*
$72,566
$25,59*
Nov.
on
the common
815,775
Stevens Counties, Kansas.
Based on a price of thveethousand cubic feet, Hugoton's acreage* at this time* would
of
about
$21,060,000t
Panhandle still controls more
Heyden Chemical Corp.—Purchase Concluded—.
The
directors
$1
168, p. 1582.
in the ground after'1965 at the then
See also Panhandle Eastern Pipe Line Co.
$38,827
78,689
♦$65,764
1362.
$1,121,929
left
35,000
30,585
373,218
$239,874
of
$875,114
30,894
27,635
399,332
after fxd.
on
which more than 2%
trillion are owned outright
by the' company. Panhandle has made/
r.o
snriouncement.; as, to disposition of its remaining gas reserves. *
Unless regulatory practices are changed to. permit'realization of the
going field price of gas, further divestment seems probable,. Pan- *
.handle has reserved the right to-buy all
of-the; company's gas still
616,403
63,976
3,348
41,666
9 declared an additional year-end dividend
regular quarterly dividend of $1 per share
both payable Dec. 15 to holders of record Nov.1
19.
Previous payments made this year were as follows: March 30,
75 cents; June 30, $1 quarterly and 25 cents extra, and Sept. 30, $1.
Total for this year will be $5 per share, as against $4 paid in 1947.
—V. 168, p. 1255.
$1,034,922
$100,640
oil
♦$20,750
3,432
47,160
*
charges.
International Paper Co.—Additional Year-End Div.—
Co.'s
in
feet
trillion
6
2,080
♦Loss.—V. 168, p.
E.
-$331,237
$290,466
deductions
The
value
Income
A.
$401,405
961,995
and
per
a
♦$646
capital share
on
42,644
charges
1948—9 Mos.—1947
$123,204
9,661
Hugoton Production will have
Grant
913
$8,375
maneunced
$288,593
40,457
Dr22,
4,566
Net income
'The element of surprise in Panhandle's > action
all its properties were segregated;,' it "covered only .about
cubic
have
$7,471
charges
S4-year-old
$360,943
income-
oper.
income
Total income
was
Lire
rot
cenas
(net)*
Gt6ss income
per,
♦$20,728
186.493,197 146,213,754
131.317
above
Pipe
fifth.
income
Net operating
NoriOper. income
Earnings
$285,900
ry.
properties.
billion
6,566
*.*—*
2,917
***
$121,118
that
Crl,713
***'
——*
35,496
*******
company
the
was
2,831
accru..
income
Intereift
of
6,940
...
i*
1,452,217
.
$1,084,110
823,414
73,219
35,000
86,267
27,383
*
General
$68,711
2,125,983
ry.
—
Total fixed
formed Sept. 22 to take over part of Panhandle
gas land holdings in the Hugoton field in
Kansas.
The initial outstanding 010,000' shares of capital stock of
the Hugoton company will be issued to Panhandle's common stock¬
holders of record Oct. 29, 1948, in the fofm of a dividend at the;
rate, of one half share of Hugoton for each share of Panhandle on '
Nov.
17.
Panhandle
advanced
the
new, company
$675*000/ which
will .be used for initial drilling expense.
The, Federal Power Com¬
mission, in holding Panhandle must carry its valuable Hugotonproperty at original cost, caused the big gas distributor to divest itself
-1948—12 Mos.—1947
$90,392
169,064
Misc.
$6,906,311
5,871,389
charges
Eastern
.was*
166, p. 2419,
Haverhill .Gas .Light
Co.—Earnings—
Operation
Maintenance
Retirement res.
'
262,745
Net
Hugoton Production Co. (Kansas)—Stock to Be Issued
to Panhandle Eastern Shareholders—
first
the
through ensuing years-with ®rr amortization payamounting to $235,750 at least, being the amount of
dividends received from
Standard-Knapp up to June 1948..
Net earnings or
Hartford-Empire Corp. for the mine months ended
1948 amounted to $421,266, after the.
reserve-of $235,750 for
the Standard-Knapp
purchase.
This was equal to $1.56 per share on
*s
^'statuling.
Net
for the corresponding
nine
HMMfhs of 1947 was $203,663, which
equaled 76 cents per share.
30 amounted to $4,163,873 and.
compared
Operating
' '
.
$2,702,805
1,487,978
14,495,563
$7,081,347
6,445,278
adjust, inc. bonds
on
NOTE—The
year
$6,062,465 Dec. 31,
—-—-
$65,344
bonded indebtedness.—V.
amortized
^
87,437
*
1948—Month—1947
1948—9 Mos.—1947
$2,042,200
$1,717,629 $17,395,850 $15,406,574
1,395,621
1,453,748
14,070,817
12,703,769
expenses*
fr.
rev.
Other
♦Exclusive of interest on
into this company of the Standard-Knapp Corp. of
FWfland, Conn,, is to become effective Dec. 1, 1948, stockholders have
advised..
N-'Jotjaticns for the acquisition of- Standard-Knapp
corpr, were completed and announced in Deocmber 1947.
The pur¬
chase price was $3,500,000 after
deducting a $506,000 dividend, which
$6,969,246 against
j
Period End. Oct. 31—
merger
tftis
2,995,701
18,561,164
10,000,000
$750,910
627,706
Operating income****
Non-operating
income-
Director—
a
24,454,980
110,698
.31,120
10,000,000
22,248,510
$780,006
715,562
operating revenue
♦Income
or
Hartford-Empire Co., Hartford, Conn.—Consolidation
be
1
$3,325,033
838,102
475,989
1948—Month—1947
Oper. exps. and taxes**
than
on
oper.
rents
of record
of Harbor Plywood Block to the public in 1946, was one
principal participants in the later offering of stock in No¬
vember, 1947, and represents a substantial stock Interest In Harbor
Fly wood Corp.-rV. 168, p. 1582.
to
'
115,545
Hudson & Manhattan RR—Earnings—
the
is
tr
♦Deficit.—V. 168, p.
Period End. Sept. 30—
offering
The
J
$263,881
—V. 168, p. 1043.
£ J. Evans, Chairman of the board of First California
Co., with
offices in Los Angeles and San
Francisco, has been elected a director
to fill a vacancy on the board.
of
$223,218
201,455
97,934
fluctuations
exchange
contingencies
*
Gross income
Co.
$336,590
$646,579
40,000,000
1,360,638
31,089
*
Canadian
Deficit
CaJiforn'a
$29,064
12,057
37,585
1,206,178
684,957
65,000,000
:——.
Total
1948,-will be issued
26,
and directors, at $40 per share, must be purchased
before Dec. 15, 1948, Mr. Brecht said.—V.
168, p. 1799.
First
$52,612
income
opers.
$1,406,389
ofifcers
1
operating
Net
5,046,601
1,316,501
-**
.
surplus***—.———.—
surplus
i
Capital
pec. 16,
1948.
1,000 shares of
232,397
Railway tax accruals
Equip, and joint facility
648,150
6,035,829
taxes—
*
other
for
756,306
Minority interest in subsidiary company
3%% preferred stock (par $100)
*
Common stock (stated value $10)—*_*——
on Nov,
19, 1948 to stockholders of record Nov. 15, 1948.
will expire at 3 p.m. (EST), Dec. 15, 1948.
The stock,;
through the, exercising of the rights,
will receive
the
purchased
stock
on
payable
debt
for
Reserves
Hajoca Corp.—Righis to Stockholders, and Employees
board of directors
income
Canadian
Miscellaneous
W. A, Brecht,
President, announced Nov, 5 that the rights to
purchase one new share of stock at $35 per share for each 20 held,
by the
360,544
168, p. 1582.
Railway
to
i**—.—***
—„
and
Long-term
of a loan
agreement with the Irving Trust Co. of New York City.—V, 168, p. ,1799.
authorized
450
28,795
*
plan
Federal
Gulf States TJitlities Co.—Seeks FPC Authorization to
Issue $1,406,389 in Notes—
The
450
48,573
"
Indiana Harbor Belt RR.—Earnings—
50,462,967
55,296,032
payable—Banks*
*
oificers and.others, pursuant
thrift
—V. 168, p. 1581.
in
oper,
Period End. Sept. 30—
Railway oper., revenues*
186,493,197 146,213,754
-
Employees,
$1,177,745
$995,385
*—*
—
Dividends
...
stock™.
pfd.
on
Cr2,791
.....
income
Diva.
2,463
203
(net)
charges*
LIABILITIES—
Notes
of
prem.
of
after charges***
H
3,945,774
841,712
606,744
2,026,678
1,460,500
690,630
*****
Office furniture, equip, and improvements
Total
$1,430,192
169,755
2,183
9,486
14,036
157
$1,250,114
181,269
$112,096
10,507
long-term debt
debt
d'sct.,
and exp. (Or).
on
Net
—V.
and in banks
——.*_*—*
22,971,994 12,196,766
Instalment notes receivable (net)*—.
159,343,395 128,622,758
Cash
Total
Amort,
Net
1947
.810,377
186,925
Total
taxes
Federal
$2.93
1948
'
lease
property
Operating taxes
30
SEPT.
•
for
'
...
General
$433,627
213,143
Operating expenses
Prov.
for deprec.at.on.
Amort, of plant acquisi¬
tion adjustments
ASSETS—
$5,089,969
2,062,549
$5,422,288
2,596,327
410,837
$415,035
revenue
$3.14
,
CONSOLIDATED BALANCE SHEET,
1948—12 Mos.—1947
1948—Month—1947
Period End. Sept. 30—
Rent
$18,561,164 $14,495,563
2,445,498
2,224,851
—.
outstanding
shares
Common
'
Earned
Gross
1,003
property
surplus, at end of period
Balance,
"'
?
Net income
—V.
168, p. 944.
<
■
:
Subs.)—Earnings—
Johns-Ma nvilie Corp. (&
COMMERCIAL
THE
Number 4751
168
Volume
r,
Keystone Steel & Wire Co."•
$
•Income
32,589,337 122,339,639
17,874,476
16,798,843
14,451,578
50,125,421
41,807,872
37,919,088
minerals in
in prod.—
operations
500,000
3,837*445
1,829*591
146.671
2,307,881
10,845,218
Federal
before
Federal
for
profit
'Earnings
,
8,914,425
5,237,305
—:—*___*—.—
Net
2,660,624
3,577,993
968,011
Dividends on pld. stock.
64,280
65,009
193,210
stock
1,017,105
938,336
3,051,208
eum.
4,155,820
1,244,536
7,600,800
$0.78
$3.67
U.
and Canad.
S.
.
...
inc. taxes land Canad.
profits
excess
in
*
1947)
After
taxes
yean
such
deductions,
all
6,894,390 $4,411,924
freight allowed, cash discounts, etc.
tl,235,813
3,099,918
——
Canadian
^Includes
as
profits
excess
The
total
The
Completed.
net
profit
compared
quarter
90%
$0.43
$0.46
of Oct.. 1,
as
Net
with
the
of
last
total
of
ry.
1948.
with
revised
Not
ry.
—V.
Lock
figure
Co.
of
for
the
$643,845
quarter
90%
About
and
is
company,
handled
been
same
year.
to
825,000.
now has 2o plants
costing -under
The
Profit
,
,
4
resources).
the actual
has varied
greatly. For example, buildings now cost three times more than they
cost 35 years ago—a period well within the life of a building.
Thus,
when assets have been acquired over a long period of time, the sum
of their costs gives little indication of the actual, physical extent of
by use (depreciation) or used up (depletion of natural
But this figure does not afford a
very useful key to
extent of the facilities. Over the years, the cost of facilities
of
,
properties.
get a better measure is to convert their costs to a
The most informative basis is present cost levels. To
exactly, it would be necessary to deal with each
million different items, but a reasonably good general picture can
a
to
way
basis.
values
these
convert
be.got without so laborious a work. General averages
imate'present value. At
present cost levels, the depreciated value of
give an approx¬
plant properties
$107,000,000, compared with the value of $62,200,000
equipment is
on the books.
and
The difference represents the excess
as-stated
value
of present
what the facilities are worth based on actual cost.
'
order to gauge the physical extent of the existing facilities
over
But
in
must compare their present value before
deducting depreciation.
About $60,000,000 of assets will have been
added when the program is complete.
In part, however, these will
replace (usually with better, mere expensive equipment) some of the
existing facilities that are worn out or obsolete.
After replacements,
the total present value of
the assets (before depreciation) will be
$159,000,000, of which $54,000,000 will represent the increase over
the assets at the beginning of the program.
Thus, about one-third of the company's productive faciilties will
have been added by the program.
About three-quarters of these addi¬
tions are of a kind that increase productive capacity.
The remainder
will reduce the cost
of producing and improve working conditions.
newly added,
those
and
—V. 168,
one
1362.
p.
>
,
'
.
income
Total
income
1948—3 Mos.—1947
$2,767,685
$2,228,042
14,498
12,742
$7,025,518
$5,201,313
41,380
47,378
$2,240,784
$7,066,898
$5,248,691
1,713,536
5,792,129
4,267,237
174,141
132,949
499,521
9,015
15,773
163,575
4,888
149,836
289,231
10,853
224,628
$239,575
$470,244
Estd. refunds of Fed.
Reserve for
restored
167,035
533,460
(est.)
profit
Net
depl. & amort.
Net
77,238
46,343
231,714
139,028
$0.78
$1.52
$1.18
of
sharesubside.
$0.85
included
above—
48,438
7,841
$93,731
per
profit
not
profit
net
Subside,
share
of
parent
deposit—,.
on
75,438
charges
LIABILITIES—
;
'
■
.
payable "—
taxes
Accrued
,
Cash
87,572
90,217
201,458
$1.59
$0.96
—;
$2,434,494
—
(at cost & int.)
Govt, securs.
lower of
at
ln, first-out)
Estimated
of
refund
$422,408
Capital stock (no par)
Earned surplus
Total
$446,708
94,439
34,424
327,199
289,231
*_!———
7,199
(issued 308,952 shrs.) —
7,723,800
7.723,800
937,044
1,5*0*1,730
(less
19,150
.
77,452
3,554,085
3,640,958
180,575
.___
;
——
Accrued
■
2,609,199
3,291,543
$9,901,249
and
taxes
Federal
estd.
$582,147
$697,553
631,497
1,434,402
350,000
497,844
5%
mortgage
842,596
cum.
conv.
and
bonds
Capital
stock
($1
55,600
111,200
1,819,520
83,400
1,719,920
1,783,720
387,647
38^,759
par)——
387,647
4,015,770
.
4,013,763
95,189
1,819,388
1,455,715
surplus
1—,—— ~;
'—■—:
$9,556,881
$9,238,469
Kendall Co.—To
stockholders
The
—
109,977
$9,870,598
$9,901,249
$12,346,714
——;
stock on
common
authorized
common
shares.—V.
168,
Nov.
which
1363.
(of
shares
452,049
Split Up Stock—
p.
400,000
shares are outstanding)
to 904,098
1948—Month—1947
1948—10 Mos.—1947
$3,075,000
$2,821,000 $25,630,000 $23,290,000
Sales
—
—
168,
1482.
p.
Operating
Oper.
Net
Other
&
revenues
&
expenses
operating
income
Gross
30—
1948—Month—1947
1948—10 Mos.—1947
$24,885,247 $23,417,608 $211,653,327 $198,929,121
—
—
Kern
—The
Boston
p.
1948 had 698 stores in operation, com¬
month last year.—V. 168, p. 1583.
corporation in October,
The
pared with 697 in the same
(S. H.) Kress & Co.—October
Sales
$5,140,301
4,196,549
$4,444,507 $19,312,976 $16,685,862
3,257,704 15,847,213
13,154,992
$1,186,803
10,074
$3,465,764
$973,411
$1,196,877
$3,560,050
$943,752
94,286
$3,530,870
.
.
9,105
—
deductions
217.189
657,137
836,446
$3,539,976
1,509,202
$539,744
$2,723,603
$2,030,774
1147.-
Mutual
Co.—Bonds Placed Privately
has sold privately through The First
Corp. and the Pacific Co. of Calif. $500,000 first
company
mortgage 4% bonds, series A, due 1973.
1948—9 MOs.—1947
$497,806
$252,404
92,430
63,697
$76,982
$405,375
2,740
29,211
$188,706
10,345
$162,808
taxes
$96,609
$140,520
•*:
gen.
$79,722
$434,587
$199,051
19,627
Other
from
opers
income
Gross income
*
depletion,
dry
50,019
18,565
135,670
64,095
24,000
11,000
78,500
26,000
period
$88,789
$50,157
$220,416
$108,955
outstand.
etc.
396,000
396.000
396.000
396,000
$0.22
$0.12
$0.55
$0.27
;
Provision
Fed.
for
in¬
taxes
come
Net
No.
income for
shares
of
—V.
share
per
648.
168, p.
was announced Nov. 9, has arranged through
Brothers, Wood Gundy & Co., Inc., and Emanuel,
Deetjen & Co., for a 20-year sinking fund loan of $10,000,000 at an interest rate of 3% % per annum.
The pur¬
pose of the borrowing is to finance a substantially larger
volume of business by retiring shorter term funded in¬
debtedness, and augmenting working capital.—V. 108,
against
240 in
.
the company had 249 stores in operation, as
the corresponding month last year.—V. 168, p. 1583.
Kroger Co.—Current
Lehman
450.
p.
-
Matachewan Consolidated
Tons
from
64,896
$255,479
produced.
$284,029
operating
188,590-
$66,889
costs___
>182,072
$10^,956
1,354
and
Development
1947
1948
63,024
metals
Sales
—
—
64,544,578
ended
number of stores
30,
1948 was 2,383,
average
Oct.
$
•
■.
$
company
announces
62,859,415 679,401,065 630,644,868
in operation during the four weeks
compared with . 2,536 in the same
Become President—
that in order to be relieved of
the details
operations of the business, John L, Johnston would retire as
President
effective Dec. 31, 1948, and that he would be succeeded by
Edward T. T. Williams, who .is now President of Lambert Pharmacal
the company's
member of the
a
principal subsidiary. Mr. Johnston will
board of directors.—V. 168, p. 1363.
Provision
49g
of
^
continue
taxes*
for
Inc.—October Sales Incr. 11.1%—
.
$79,334
2,618
2QS
$58,743
profit before write-offs
expenditures
Nil
1_.
530
exploration
168, p. 743.
Mercantile Stores, Inc.—October Sales Rose
$9,682,900 $82,923,300 $77,313,006
$10,726,000
—V.
10.8%—
1948—9 Mos.—1947
1948—Month—1947
Period End. Oct. 31—
Sales
1483.
168, p.
Meredith Publishing Co.
Total
1948—10 Mos.—1947
$2,674,500 $2,384,024
1918—Month—1947
$317,548
$285,906
$102,454
23,12f
9,500
___.
net
Est.
Capital
3 Months Ended
(M. H.) Lamston,
^ale
on
.'$68,243"
Outside
the
Co.,
profit
;
Total
—V.
The
and
revenue
securities
168, p. 1583.
period last year.—V.
:
Balance
1948—44 Wks.—1947
$
$
(& Subs.)—Earnings—
1948
$5,698,456
revenues
Operating costs
General administrative
expense
1947
$5,462,650
3,631.336
710,382
Sept. 30—
3,293,741
606,156
168, p. 1694.
Profit
Lane
Bryant, Inc.—October Sales Increased
Period End. Oct. 31—
Net
Mines Ltd.—Earnings—
milled__
ore
income
Net
Non-operating
Sales Increased 3%—
1948—4 Wks.—1947
Period End. Oct. 30—
as
it
pany,
Quarter Ended Sept 30—
1948—10 Mos.—1947
$ 14,045,412 $12,618,369 $122,640,105 $116,496,191
————
sales
—V. 168, P.
$5,658,349
_____
Current Yr. to Oct. 30—
1948
1947
$5,597,796 $60,627,015 $57,776,096
1801.
1948—9 Mos.—1947
1948—Month—1947
$11,312,293
p.
$1,562,751
$1,356,737
22,132
101,887
.
$1,378,870
for
income
tax
593,810
$788,440
;
Federal
101,986
483,941
expenses
$1,664,638
106,488
Total
Net
profit
Profit
—V.
per
for
period
share of 645,000
the
common
168. p.
$968,848
$1.22
$1.50
shares.**
1801.
Michigan-Wisconsin Pipe Line COi—Trustee—
Corp.—October Sales Increased 24,7%—
Period End. Oct. 31—
168,
1947
1584.
Sales
."
operations
Sales 1.1% Higher—
—4 Wks. End. Oct. 30
1948
Lerner Stores
—V.
from
income
Provision
f
sales
Other
Other
1583.
Period—
Retail
19.6%—
1948—Month—1947
1948—10 Mos.—1947
$5,466,085
$4 569,216 $44,326,984 $41,315,888
Melville Shoe Corp.—Current
—V. 168, p.
Telephone
&
$174,104
33,584
22,288
Operating income
exp.
Corp.—Earnings—
1948—3 Mos.—1947
October, *1948,
In
—V.
$756,223
—
Sales 11.3% Higher—
1948—Month—1947
Period End. Oct. 31—
1948—12 Mos.—1947
29,659
income
income
—'Vr 1G8,
1948—3 Mos.—1947
(net)
income
other
taxes
Higher-
Kresge Co.—October Sales 6,2%
(S. S.)
Period Er.d. Oct. 31—
Kentucky Utilities Co.—Earnings—
"
..
Massey-Harris Co., Ltd.—Places Loan Privately-*-Com¬
Higher
<G. R.) Kinney Co., Inc.—October Sales 17.3%
Sales
Period End. Sept,
i r
*
168, p. 46.
Period End. Oct. 31—
of
16 will consider a proposal to split up
a two-for-one basis, effective Nov. 17, 1948,
The
stock, no par value,
would be increased from
on
Oil Exploration
Maracaibo
Period End. Sept. 30—
Earnings
Total
Baltimore, Md.-r-V, 166, p. 2105.
4,028,117
2,955,623
surplus
Appraisal
*
;
•
Payment will
land, trustee,
Deprec.,
de- /
($20 par)
pfd. stock
' ^
829.
holes, leases forfeited,
thereon
interest
ferred
p.
418,273
638,151
_-
income taxes
inventory conting.—
for
164,
other
—
for
below,—V.
Inc.,
Co.,
$9,870,598
$801,143
*.
*_.
Lambert Co.—Williams to
—
interest.
Profit
payrolls,
1583.
168, p. 1583.
.
has oalled for redemption on Dec. 15, next. $24,000 of
5% sinking fund debentures due April 15, 1961, at 101
be made at. the Union Trust Co, of Mary-
company
its outstanding
92,697
556,046
2,422,958
$12,346,714
____
payable
Electric
Western
The
732,000
95,846
475,544
107,703
——.
LIABILITIES—
The
"*7*823
Mos.—1947
i
Machlett Laboratories,. Inc.—Tube Contract—
and
reserves)—
Total
-V.
-
.
1948—9
$4,183,735 $37,203,585 $33,446,542 '
$4,672,861
'
158-3.
168, p.
Mading Drug Stores, Co.r—Partial Redemption—
698,515
insurance
liability
137,774
82.760
——---—
taxes on
7,823
—V.
$933,630
1,565,342
38,230
_
j.
Accounts
5%
■;//; *'
.
1948^Month—1947
Poriod End; Oct. 31—
Sales—_______
Oper.
First
;'
'
years'
prior
assets
accounts
$1,476,130
3,799,530
Federal income taxes
Property
r
market
or
»
1,515,596
(first-
cost
Prepaid insurance and taxes
$9,238,469
!*--——
for Fed. taxes on inc.,
—V. 168, p.
6,247,851
inc., prior year (est.)_
current year (est.)
for
Prov.
for
176,672
ry.
See
1946
1947
998,117
i
(less reserve).
Cost of dies collectible fr. customers
Inventories
YEARS ENDED JULY 31
1948
Accts. receivable
Other
'v'
.
McLellan Stores Co.—October Sales Increased 11.7%——
97,873
308,613
$3.94
share
V/ ' ''
v
'''■!
■•
—V.f168, p. 1483.
$470;231
$707,461
1—
railway-— 155,399,777 138,471,270 125,426,419 .153,897,852
27,685,631
24,951,47.1 '20,718,980
51,443,62(6
oper. income
15,345,572
11 861,402
11,021,793
18,331,480
railway
'
v
U. S.
920,881
438,502
—-—
Prov.
Reserve
75,063
837,673
•'
—
Fed,
,
$9,556,881
—
—;
Accounts
$396,230
428,500
7,199
102,206
:—_*—
—_———
Total
5,801,666
(net)__——_
(less reserve)-
fund
eash
Insurance
Deferred
equipment
and advances to subs,
in
Invest,
and
plant
Property,
Dec. 31/47
1,188,022
1,117,428
186,491
-
reserve)—_
(less
assets
other
and
Investments
Net
Net
.*
from
Net, from
,
Sales
Sept. 30,'48
$649,930
—*
Treasury bonds—at cost and accrd. int.Trade notes and accts. receiv., less reserves—
Inventories— at lower of approx. cost or mkt_
Int.
•
503,821
paid—
paid—
Period End. Oct. 31—
S.
the
Cr732,000
______
'
railway_-_!!i ,' 3,862,723
From Jan.
Gross
350,000
ASSETS—
$0.09
$0.30
$0.03
$0.15
co.__
and
hand
on
—V.
ry.
♦Loss.
per
COMPARATIVE BALANCE SHEET
U.
Net
37,390
STATEMENT OF FINANCIAL CONDITION,
—V,
ASSETS—
Cash
dividends
dividends
Earnings per common
1948
1947
1946
1945
;
$17,557,784 $15,320,626 $14,325,815 $13,861,744 !
"?2,025,948
2,701,730 * 2,344,550 •
operyTncOfnwi/y ' 2,400,846^
; 921,698'
1,571,113 ;
l,396,30n '
723,257
450,000
as
Louisville & Nashville RR.—Earnings—
16,804
$1,614,304
_____
(Ky<)—Weekly Output—
for the week ended Nov. 6, 1948/
compared with 40,704,000 kwh. for the ;
last year, an increase of 2.8%.—V. 168, p. 1904.. ;
September—
from railway
Gross
from
______
conting.__.
**
—
3,298,649
1,524,247
company
kwh;,
week
corresponding
Net
:
1,763,591
this
output of
41,834,000
273; 193
$27,175
profit
Net
inventory
Preferred
Electric
12,823,429
r
4,567,581
2,724,993
15,378,304
6,956,618
2,027,439
9,905,877
6,502,930
income.—
168, p. 1801..
17,669,949
2,917
1,250,000
taxes_
201,967
11,909,426
income.—
railway
-37-1,243- —375,831
976,620
1,005,327
expenses
333,697
15,207,416
$1,266,045
534,651
181,339
$1,195,067
474,974
,212,460
$1,394,399
573,688
1—
railway
oper.
totaled
sold
Cr250,000
Earned surplus
paid——
dividend
Cash
"2,755
income—
for
Common
-
1946
$13,267,927
69,090
"10,744
85,563
88,317
86,029
and-postwar adjust.
war
income
Net
390,595
Other deductions
from
1945
1946
1947
1948
$1,819,685
707,284
railway—
railway
oper.
ry.
1947
$20,042,012
-18,871,-167-
income
to
Provision
$363,309
204,397
expenses ______ ______
Deprec.,
~
of properties*
Selling and-administrative
Common
Selling, admin, and gen.
Fed. taxes on inc.
,
depreciation
amortiz.
3,325,718
1483.
Louisville Gas & Electric Co.
382,665
_______
products sold
Cost of
1948—9 Mos.—1947
2,173,105
■
.
goods
items
$2,782,183
Sept. 30—
sales
Other
of
34,896,957
9,630,77*
1,130,603
from
Net
—$23,465,958 $20,196,665 $13,345,500
cost
than
Reserve
$262,347
Period End.
Net
properties****
Interest expense-**-***•_*_**
*
Prov. for estd. Fed. income- taxes—_
Res.
Transport Co.- -Earnings—
Kelley Island Lime &
ry.
—V.
-
$23,382,684
.___
income
Deprec. and
worn
The
disposal ^
(other
and equipment, as stated on the com¬
of plant properties
pany's books at July 31 of this year, is $62,200,000. This figure repre¬
sents the cost of these assets,- less the portion of them that has beep
the
income
34,858,036
7.C69.C04
"i53,l/6
From Jan.
Gross
944.
p,
1948
-
_—:—_——**
Manufacturing
The value
uniform
on
Total
in operation in the United States,
company
**_—
Other
Canada.
and
sales
Net
100 projects costing
about 1,000 projects
the program included more than
several million dollars each and
$25,000
above.—V, 163,
Years Ended July 31—
have
over what could
6,190,125
from
net
ATF, Incorporated,
35,869,656
4,824,447
"2,086,253
from
Net
King-Seeley Corp.—Annual Report--
the productive capacity
about 35%
of 1942.
in physical terms,
the peak war year
in
Altogether,
from
■
that the program has raised
estimated
the
It
of
See
39.819,327
income—
p,
Net
replacement, cost reduction and im¬
in September, 1945, has
most of the new plants
expansion,
the
of
168,
Gross
was
Kimberly-Clark Corp.—Transfer of Rights—
program ,which was inaugurated
completed "and production utilizing
additional facilities is under way.
been
now
279,520
Louisiana & Arkansas Ry.- -Earnings—
corporation also announced:
provement
337,510
958,754
255,257
v
,
railway**—
oper.
Net
the
for
$3,783,447
1,049,498
railway—_l—
from
Net
profit of Mid-States Steel & Wire Co. for the quarter
$84,292 compared with $92,255 a year ago.—V. 168, p. 1482,
was
1—
from
Gross
$4,173,309
991,620
200,781
income—*
oper.
From Jan.
company's
1945
1946
1947
.
$5,100,577
1,114,097
September—
National
647.
p.
$4,579,020
railway——
from
,
$637,841
taxes.
Program
Expansion
split
1
combined
1948
September—
from railway
Gross
...
_*__*
for
to 3
earrings
provide for expansion,—V. 168,
Long Island RR- -Earnings—
$816,455
$860,238
___
outstanding
present
un
■
The
Current
436,297
equities in the
earnings
of
subsidiaries
amounted" to $1,210,633
for
the
quarter
equivalent to 85 cents a share on the presently outstanding shares
compared with $1,207,394 aiid 64 cents a share for the same months
of last year.
Company's equities in the earnings of subsidiaries, less
dividends received by Keystone and included in the quarter s earnings,
amounted to $350,400, or 19 cents a share, as compared with $390,938,
or
21 cents a Keystone share for the corresponding quarter of last
$2.56
Earnings per com. share
tlncl.
448,407
taxes_.
shares
Keystone's
4,882,574
$1.78
surplus
Balance,
$1,252,752
Net
2,419,551
Dividends on
—
income
share
"Giving effect
earnings
Sept. 1 sold privately to three insurance com¬
panies $1,000,000 4% subordinated serial notes, due Sept.
1,1956. :
'
; '"v.-'
•
'
; V/K;/;
.117,847
$1,308,645
taxes-—_
*
per-
1,875,000
6,105,041-
7,497,750
■
195,625
Net
.___
Liberty Loan Corp.—Notes Placed Privately—The eo«n^
pany on
1947
$6,744,750
1,134,905
Proceeds will be used to
Profit
Provision
Reserve for conting;——;
tTaxes
,
from
■■!'■
1948
•
$7,202,086
1,161,973
—
'
48,376,582
13,032,276
1,132,651
used
mines
•
';
Other income
Wages and salaries paid
Machinery
and
bldgs.
aged and
-_
Profit
95,990,375
expenses—!
and
$
'
..
Sales
44,880,720
——
costs
-
Quarter Ended Sept. 30—
'
$
other
materials,
Raw
$
■
1947
1948—9 Mos.
1947
1948—3 Mos.
Period End. Sept. 30—
CHRONICLE
FINANCIAL
&
„
$9,071,941 $89,673,375 $75,073,737
.
.
,
,
,
v
The
City
Bank
Farmers
Trust
Co..
New
York,
N.
has been
Y.,
appointed trustee, paying agent and registrar for an issue of $66,068.principal amount of first mortgage pipe line bonds, 3%% series
000
due
Sept. 1,
1968.
See V. 168, p. 1904.
:
,
,
10
(2010)Missouri-Kan&as-Texas RR.—Earnings—
Earnings—1
Michigan Consolidated Gas Co.
-12 Months Ended Sept. 30—:
*1948
•
•
Operating revenue, gas
Gas purchased for
resale,-
—
—
1947
»
September—
$39,151,789 $38,702,643
9,813,611
8,235,375.
15,287,215
21.488,031
—_
Maintenance
2,247.494
1,944,801
1,760,035
Amortization of
51,926
2,983,902
Net
69,242
ry.
railway.—
railway
from
Net
1S48
*
from
utility plant acquisition adjust.
ntate, locals and miscell. Federal taxes—
Federal
income
tcx__
2,274,289
980.362
974,577
231,551
60,340,649
50,413,954
income
from
ry.
15,916,912
6,603,766
$4,850,486
$2,200,259
—
419,706
$2,619,966
$5,097,734
.1,097,746
The
247,248
—
(net)
income
Income
__
deductaons
(net)—
1,443,174
.
income
•Includes
the
oJl
Gas
May
on
the
results
of
stock
the
for
as
168,
commencement of
the
to
745.
JCC
4'i-
168,
p.
,
Gross
hare
West
for
each
shares
that
and
of
West
said
of
each
share
one
Middle
of
each
if
stock
Midc'te
common
lout' shares
Indiana's
stock
common
shares
stock
the
to
proposes
and
the
West
Gross
stocks
—V.
estimated
provided,
into vtwo
shares
3.280
Indiana's
of
13,119:23
shares
stock
plan
of
stock
common
Middle
of
Other
Wiscon¬
West
bidding
Gas
—V.
2,337,275
$14,941,648
per
Operating
This
1948
Dales
171.268,583
will
be
68,504,070
and
—
1943
tive
1947
$3,612,387
4,497,131
3.195,876
173,417
101,627
$365,776
—
$329,005
59,600
Miller-Wohl, Inc.- -October Sales Increased 46.1%—:
194C—Month—1947
dividend
requirements..;
who
Bales
$2,333,321
$3,408,380
168,
1584.
p.
$8,072,472
Total
$6,069,506
Net
,
.
1
29,400
29,400
$276,776
$253,509
$2.77
$2.54
and
share
than
The directors have declared
common
1948.'
stock,
an
payable
A similar extra
(&
dividend of 50
extra
per
3, "1949,"
Jan.
was
cents
to holders of
Jan. 3, this year.
paid on
share
1,447,000
income
on
1,215,000
1,942,000
—V.
income
1,438,000
1,322,000
1,346,000
1,626,000
1,819,000
$2,564,069
$3,722,028
$3,360,690
282,730
288,684
418,027
'512,660
$3,143,688
deducts.-
$2,852,753
$4,140,055
$3,873,350
874,259
1,166,212
1,180,427
$1,978,494
$2,973,843
$2,692,923
.directors; also declared the regular quarterly dividend of 50
per share on the common stpek, payable Dec. 10 to holders of
record Nov. 24 as well as the usual quarterly dividend of 80 cents per
share on- the '3.20%" convertible preference stock,-series A, payable
860,109
.
income
-
$2,288,579
dividends
for
441.000
„_
—
301,267
588,000
-
$1,847,579
$1,677,227
168, P. 945.
1
holders of
to
record
Nov.
20.—V.
Gross
168, p. 1905.
from
Net
September—r
Gross
"
1948
■
i
from
railway
railway-.— —..' '
Oper, income— *
Net ry.
From Jan,
1946
77,057
$161,422
•;
from
24,921
13,278
Net
ry.
1,018,074
it
336,202
219,044.
113,658
59,487
—
608,492
Net
tapper, income^.
238,249
'"'"7
487,830:
i
revenue
Prov.
$673,649
321,005
$7,679,475
3,703,136
53,417
47,167
622,250
,9,233
9,233
147,133
145,305
110,796
(862,156
adjustments
General. taxes
Federal
income
:}
taxes.
1947
oii.
of
(
3,016,992
551,000
"
1
—V.
352,707
315
3,389
32,519
2,210,106
income.*—
1,122,848
1,336,740
633,720
837,757
pfd.
Nov.
-
533
*
$1,273,714
/
.
-
3, the directors declared
share;
$1.20 in
1947.—V,
Period End, Sept. 30—
168, p.
1045.
7,705
92,455
oper,
$6,433,901
$115,726
$1,181,259
com-
Operating
Net
'
Net
ry.
Net
*
'
railway
railway
1S48
'
Co.—Earnings
$55,224
$144,872
*13,230
*14,248
*3,471-
railway-!—'
railway.—„
"1,470
*15,900
*13,581
*39,633
.
*7/744
-
.
1,262,203'
*133,045
ry. oper. income
*164,940
Deficit,v-V. 168, p. 15C4.
*145,974
*
'
799,969
175,157
other
operating
" 444,476
6,255,647
Lit.
&
Net
Bid.
$324,363
$5,414,981
other
73,466
Earnings
168,
186,571
3,975,461
!
$35,709
*
deductions
.
154
.
*30,425
,
per com.
share
-
$156,302
$160,510
606
.
$156,908
$161,400
55,867
100,000
$0.26
$101,041
same
September—
oper.
income—.
-
From. Jan, l—
Gross from
railway.—
Net from
railway—
—V,
rv.
oper.
168,
St.
is
follows:
as
'd%
issued
shares,
Louis
Houston!
Memphis
Miss./and Little Rock, Ark.
stock
/
•
Sales
-
Pueblo'
'
noncumu-
15,000
issued
shares:
109,035.
Net
Com.
Profit
"
.
Share
$190,186
-
$1.66
4,633,472
160,977
1.39
5,376,375 '
________
176,232
,1.53
189,051
1.65
7,348,783
12,898,859"'**'
17,125,142
11,721,696
821,124
7.45
1,177,396
1.072
*783,126
*7.13
•
•
,
week -ended
of
increase
an
the
5,
is
this
cu.
month
of
kwh.
production
Oct.
This' is
of
of
the
week
2,783,000
ft. for the
ended
for
Association—Output—
Association
decrease
a
15,507,620 kwh.
for the Nov. 5
output
is
Nov.
This
reports-electric
37,127 kwh.,
corresponding
is
reported
at
or
output
0.24'/,
week
below
vear
a
177,851,000
ago.
ft.
cu
cu.
ft., or 1.59'r, above production
corresponding week a year ago.
31, the Association
an
66,481,884
increase
kwh.
of
for
reports electric output
913,481
the
ago.
New England Telephone &
had, 210
last
$101,602,641
stores
year.—V.
kwh,,
or
corresponding
1.37#/
month
a
168, p.
p.
income
'
■
"
100,000
"
$0.94
;
boon
made
insurance firm
made
$186,995
a
oil
oil
on
County, Texas, by this company, it
and gas
and
gas
9 Months Ended Sept. 30—
revenues
Operating
*
$1.03
1946
1945
$332,804.
$314,209
145,354
138,323
59,926
SO, 733
66,535
'
Net
3,008,195
1,433,170
2,562,455
1,234,624
2,671,424
1,141,232
965,042
456,394
on
l.
;
__
operations——'—
Production
Net
Frovision
expense
for
deductions
20.930,300
of
p.
Net
168,
Miscellaneous
charges
Consolidated
i
Earnings per
net
168, p. 946.
._i._
income.
common
outstanding
—V.
I
share,
_t
on
223,328
2,152,589
54,147
710,104
Dr78,326
2,723,111
13,874,860
11,962,420
4,877,471
_
1,796,816
1,326,424
6,530,571
1,396,637
1,555.701
7,344,289
$0.94
$0.90
$4.72
share
1696.
from
from
ry.
Gross
19,720,643
_
,
,
1948
.
from
ry.
1947
income___
153,349
7,389,579
$4 55
1946
1945
"$507,933
$592 757
205,837
210,011
320726
205 595
5,785,317
6 840 920
"
107,959
*121,776
5,906,677
5,684,798
2,405,837
2,795,417
3627724
1,778,630
3,214,525
2250860
l—
railway____
railway___
oper.
'
$560,556
79,939
from
Net
7,084.949
,
Ry.—Earnings—
$477,480
r
railway—
oper.
7,000,655
"
rai!way____,
From Jan.
$21,645,080
-
1.851,214
income___'
1,597,989
_
1,020,339
*Deficit.—V.
:
198,574
1,103,691
90.992
9,308
•.
1,415,363 shares
$1.34
$0.93
Net
•
from
from
Gross
Net
railway
railway—'—
Net
*
railway____
railway
1948
$244,883
87,489
1947
$160,492
*129.855"
1946
1943
$179,716
$163 140
41 995
42933
62,725
.
*136,104
63,863
143*777
2,251.271
from
from
'
»
Connecting RR.—Earnings—
ry. oper. income—
From Jan. 1—
■
*'
23,924
....
1484.
Net
.
.
p.
September—
Gross
.
$1,527,594
$2,033,690
168,
New York
$2,944,776
275,539
90,548
intangibles—
12,040,746
1,467,762
___
"
per
Net
-
1,003,941
taxes
13,164,756
New Orleans Texas &
Mexico
$1,924,437
-
hicome
8,760,188
2,668,964
1,944,627
Earnings
—V.
1§47
$23,676,483
$3,412,127
:
*
Federal
Amortization
125,108
325,740
-
2,332,251
8.338,774
3,264,578
income
September—
665,944
income
514,106
2,114,162
(netI___■
Dividends
Co.
$2,746,183
—
income.
income
Interest
Nov. 8V
payment loan, due
a
$250,000'oil and
~1948
_i__t
309,249
3,041,250
.
_
Total
,
"
/
-
income
$
137,281,424
114,327,901
2,077,706
~
taxes_
operating
Net
Income- from
Tnterest
34,193
3,424,131
'*
$
36,215,774 155,652.778
30,918,542 132.118,997
properties in
(& Subs.)- -Earnings—
expenses
Total
1947
568,475
•
Gross
Operating
inoomei_
on
operating
1948—12 Mos.—1947
$
40,277,304
34,849,099
expenses
taxes-
Other
Also Makes Oil Production Loan to Louisiana Firm—
168, p. 1801.
revenues
com¬
'
$378,201
723,207
1696.
announced
was
1952,' to the Yucca Production Co.-, Inc., anci
pToduction loan, due in 1958, to the" Quinto Creek
National City Lines Inc.
100,000
1948
1484.
Fed.
$87,833,635
operation,
Telegraph Co.—Earnings-
1948—3 Mos.—1947
$
Operating
Operating
_
8,699
$368,862.
132,337
in
!
Sept. 30—
;
1948—10 Mos.—1947
$10,486,471
1948
month
See Potomac Oil Co. below.—V.
$111,879
7,438
f
J
49,521
*'
$0.20
in
gas
891
1,855
849.
p,
760,791
$27,714
100.000
The
$921,301
871,067
.
12,368
1,855
outstanding
Gross from
railway
Net. from
railway.—
Vet
Texas,
$6,845,264
67,395,365
989,424
-
Mutual Life Insurance Co. of New
York—Loans Made
Texas Oil Properties—
>
Missouri. Illinois RR.—Earnings—
ry.
Falls,
per
Other
*310,123
$1,927,368
.
199
$21,585
requirement?.
in. October,
company
Jim Wells
$40,083
14,278
$12,475,371
The
1948—12 Mos.—1947
$39,884
$35,863
.
.
1948—Month—1947
Other income
Net
Wichita
October; 1948 is' reported at 749,790,000 cu. ft. This
is an increase of 98,227,0000 cu. ft., or I5.03G, above production or
651,553,000 cu, ft, for the corresponding; month a
year ago.—V.
168.
p. 1906.
p
!
on
196,953
Income
income
Com, shares
—V.
ex¬
supplies
$2,095,610
573,568
1,721,828
*i'21,949-
$236,839
223,368
income
div.
air-ctnditioning
Gas. output for
3,800,944
/Loans.totaling $436,995 have
$259,076
taxes
income
Gross
lone
plumbing,
recently
tEarn.
above
168, p. 1584.
Sales
:
1948—3 Mo?.—1947
-
revenues
expenses, &
Net
and
company
175,068,000
of
115.815
/
$745,051
operating- income
charges
Period End. Oct. 31
Missouri Edison
Co.—Earnings—
Period End. Sept. 30—
Gper,
has
of
more
<
For
$5,376,162 $54,453,695 $43,030,526'
4,607,323
42.783,087
37,133,9,72
4,875,693
taxes
pared with-209 in the
-*551
*145.441
Operating
Waco
15,470,493 kwh.
of
*
(G. C.) Murphy Co.—October Sales 18.85% Higher-
1943
<"$820
*10,510
1946
1—
from
front
and
(par $10). authorized and
(par $10), authorized 145,000
stock
period End.
1947
$3,070
income
oper.
From Jan.
Net
>
from
Gross
has
'
This
1948—9 Mos.—1947
15,259
$6,420,713
after
—V.
Net
It
distributor
end
refrigeration
1883.
formerly operated a factory in Edwsrdsville
111,
1948.
Company's main office is in St. Louis and
and Jackson,
structure 'of the
capital
production
;
Missouri & Arkansas
Ry.—Earnings-
from
the
.
1584.
September—
Gross
into
wholesale
supplies
in
Net
year
$1,306,130
—
p.
Net
will
all
Holders
548,
p.
Missouri
New England Gas & Electric
$5,391,421 $34,628,852 $43,140,341
13,188
rev._
Operating revenues
Operating expenses
,114,617
$96,128
a
City,
preferred
For-the
cf
-
1948—Month—1947
revenues
Uncollectible
$1,421,047
7,705
stock
as
mining
19472—
21,145
$123,430
and
Beaumont,
Gas
Operating
253
3,457
168,
in
1946
.
Mountain States Telephone & Telegraph
4,167
(Cri
bond
to
redemption.
Corp.—Bonds Called—
194o
share and the usual
pared with
282,481
$103,833
on
1€8,
28,357
(Cr)_
f
Eular.ce
1,905,278
,
an extra cash dividend, of 40
cents
quarterly cash dividend of 4.0 cents per share
on_ the
common
stock, -both payable Dec. 10' to holders/of record
Nov. 17.' This brings total payments in 1943 to $2
per
$1,678,21*6
30,688
income
Dividends
$1,570,513
disct.,
exp.
}
'
927,630 I
769,775
$150,933
On
per
96,597
$130,805
debt
deductions
f
Wtt
debt
and
prem;
Other
'
'
long-term
Amort,
: "3,164,630
Dividend—:
$7,040,209
(820,625
•
Int.
3,005,821
84,842'
Co,,, Inc^QctoberSale?tJp
Amort, of plant acquisi¬
tion
4,536,552
.
1948—12 Mos
546,053
__—
depreciation-
•
141,427
4,332.594
1484.
$100
1949,
purchase,
1942—j.
/
vet
$686,646
——
expenses
fdr
232,910
72,728
oper.
per
applicable
and
l
'Excluding a capital gain of $199,476, less estimated
Montgomery Ward &,
income taxes
utbcreoh' of ; $50;000i'(1 Tile
jfet * amount
thdreof, $149,476
has
been
Period End. Oct/ 31--"»s <> a 1948—Month—-194 7>\v ;1948—9■ ivlos.—I947 h/ vcredited to
surplus for the period ended Aug. 31, 1948.
Sales' L°—131,302,035
From 1942 to
$127,143,899 $965,776,217 $888,652,285 :.e
11947, .inclusive, gains'or, losses, from sales of capital assets
—V; 168, p. 1484.
t
relatively,
•much smaller in amount have been
f_
«
.
.
iit-eluded in other income
(net).
tBase<j on 109,03$ shaics of common stock now
outstanding after
Motor Wheel Corp.—Declares Extra
providing for present preferred dividend
requirements.
203,965.
'
1948—Month—1947
"
Operating
300,153
* 6.101,475
/
to
above.—V.
business
Calendar Year—
-
Mississippi Power Co.—Earnings—
Period End, Sept. 30—
1945
"
'
is
Jan.
distributing branch sales offices and warehouses
in
City and Cape Girardeau.
Mo., and in Dallas,
The
$465,890
6,253,705
1—
offer
,1948 <3 mos.)
'
.
294,704
and
payment
incorporated
business
Salt Lake
lative
194G
in
industrial
its
has
and
1,491,163
11,594
1,299,029
from
*
179,895
flat, i.e., $110
1948
for
the
Jefferson
-
$2,292,656
railway.^
railway—
Jan.
Net
30,982
.
'
froin
41,065
33,004"
1,713,651
.
—
397,928
income^—
as
interest
'
was
equipment,
It
but this was sold in
'
$599,361
$634,596
31,
of
special
.
and
,
1947
$774,234
railvay.——
oper.
From
Gross
1948
■
railway:
—V. 168, p.
railway
railway
Net
Cross
ry.
1945
$121,665
41,801
$133,423
1—
from
Gros3
1947
$203,000
from
from
Net
Mississippi Central RR.—Earnings— ;
Jlet
engaged
panded
Monongahela Ry.—Earnings—
.
with
1948—Month—1947
1943—10 Mos.—1947
$5,270,611
$4,374,483 $42,183,720
$36,576,516
1484.
company
common
September—
stamped
.
The
been
400,267
-
$2,385,843
\ ■
v.
.
bonds,
stockholders.
cents
Dec.
168, p.
Austin,
,/
common
been
(N. O.) Nelson Co., St.
Louis, Mo.—Common Stock Of¬
fered—Edward D. Jones &
Co., St. Louis, are offering
4,000 shares of common stock
(par $10), at $25 per share.'
The shares are
being offered on behalf of six selling
1,643,000
1,425.000
$2,365,958
_
said
have
-
A
prepayment
110%
called
National Union Corp.
heating,
income
accept
to
Dec.
bonds
Net sides
1,077,000
-
to
notes
v
series
107(2%,. plus
Vu.'/(, equivalent
Feriod End. Oct. 31—
1948—12 Mos—1947
and
stock
—V.
The
at
the
Neisner Brothers, Inc.—October
Sales Up 20.48%—
Fed.
1,077.000
Balance
record
purchase
National Union
Mortgage
$15,862,833 $13,979,970 $20,823,042 $18,302,274
8.027,272
6,879,724
10,697.355
8,378,653
1,123,603
898,177
1,410,659
1,162,926
income
depiec.
respec¬
said special
interest
indenture oi trust.,
to
effect, until
m
for
after
desire
See
Subs.)—Earnings—
1948—9 Mos.—1947
revenues.—
on
Preferred
Minneapolis-Honeywell Regulator Co.—Extra Div.—
2
called
should forward their
bonds, with all unmatured
coupons and special interest notes
attached
to
Mackubin. Legg & Co., 22 Light
Street, Baltimore, Md., fiscal
agents of the company, for
payment pursuant to the
purchase dffer.
.Holders of said ooncis unabJr to
make delivery on or
before the close
oi
easiness
Dec. 31, 1948 should forward
a
properly executed letter
of -transmittal
providing for delay delivery.—'V.
168, p. 548.
$282,909
surplus..
(100,000 shares)..
stock
common
expenses
for
Gross
1948—3 Mos,—1947
of
has
A,
by
attached,
remain
46,095
$306,176
....
Up—
1948—10 Mos.—1947
$999,P60 $10,671,679 $10,673,043
notes attached
to
the
afoiementioned bonds,
payable until Jan. 1, 1954, will be attached
from the
the corporate trustee and returned to
the
or
the
offer
coupon
189,134
149,529
Operating income
Non-operating income
Period End. Oct*. 31-
holders
notes
$227,578
-
1948—Month—1947
interest
due
redeemed
Tile
$216,247
;
common
Federal taxes
1584,
p.
spec al
provided in
1948
$3,888,795
depletion
1947-
made
The
Corp.—Earnings—
—
$2.90
redemption on Jan. 1, next, all of
Union
Mortgage Corp.
20-ycar
collateral
due Jaii. 1, 1954, at par and interest.
Payment
at
the
Maiyland Trast Co., corpoiate
trustee, Calvert
Streets, Baltimore, Md.
Redwood
23,764,070
taxes
.
National
series
12,949,609
$1,404,000 $15,626,000 $14,161,000
$1,476,000
163,
1948
bonds,
26,010,920
income
—
other
Prov,
—Feb. 2 to Oct. 30—.
1947
■
corporation
outstanding
128.029,238
income
Maintenance
Higher—
$1.96
1434.
15,752,011
...
_j
$7,977,771
-
$1,147,933
168, p.
the
745.
p.
oper.
14.509,000
$i5,Go3,758 $23,100,712
$7,977,771
_1
145,917,758
33.141,322
-
/
shares
648.
p.
19,867,699
L
for
_/
share
per
168,
40,053,329
Monongahela Power Co.
Taxes,
20,
$17,596,511
5,983.791
2,144,487
Period End. Sept. 30—
Total
.9,977,000
taxes—r——r.
National Union Corp.—Calls Series A
Bonds—
to
—4 Weeks End. Oct. 30—
Dec.
3.574.013
872,913
expenses
(net)
slock
income
1945
•
<
2,650.351
b'come
108,
$37,609,712
National Shirt Shops of Delaware,
Inc.—Sales
of the loan.
$16,331,909
163,447,906
.a
state
income
Earnings
be 20,467 shares of Wisconsin and 4,099 shares (or 8,198
shares are split) of Indiana.
It is stated that Middle West
the
1946
deductions
Balance
124,083
$25,630,758
of
—V.
1947
Sept/30—
revenue
Preferred
its
473,750
i
common
not be ng
revenues
income
Nat
1947
$26,104,508 $37,733,795
res.
-
above-mcnt.oned
Gross
Water
&
of
trust
operating
Income
and
taxes__^
Federal
for
*
—V.
and
4,810,731
income
and
taxes
cn
basis of 150%
a
before
profit
Earned
note
income
$10,000,006
for
stock
reorganization of
of
Miles Shoe, Inc.—Current Sales 5.1%
—V.
of
2,321,459
railway
railway
Utility
depr.
-j
168, p, 1905,
Federal
held.
1948
after
-
1—
oper.
Operating
Operating
1483.
—V.
on
promissory
a
Federal
on
portion
a
$18,696,371
Mobile Gas Service
will use the proceeds from the sales of the common stocks of Gas
Water, Wisconsin and Indiana to purchase 125,000 shares of common
?took ($10 par) of its subsidiary, Kentucky Utilities Co., the acqui; ition
of which has heretofore been approved
by the SEC.—V. 168,
P.
Issue
to
instalments
company
collateral
as
1948
12 Months Ended
and Indiana, to sell in separate blocks, at
then holdings of common stock and scrip
Co., Inc., estimated to be 43,853 shares,
and
its
remaining holdings of shares of common stock and scrip
of Wisconsin and Indiana not required
or reserved
for distribution,
the
Provision
bonds
Wisconsin
of
Indiana
profit
►
RR.—Earnings—
from
ry.
?
companies)
loans,
Period End. Oct. 31—
railway,
Income.—
from
Net
stock
common
common
reserve
shares
875
of
respect
under
competitive
if
pledge
railway
from
From Jan.
Middle West Utilities
Co. for issue upon conversion of scrip and/br certificates of deposit.
Middle West further proposes, after the distribution of the com¬
of
the
deferred
pay
to
ry.- oper.
Middle
of
held,
split
Indiana
of
shares of Middle
15
further
in
distribution
each
for
West
reserved
mon
5,524,075
proposed such distribution would be two shares of Indiana's
as
common
sin's
shares
15
however,
held,
for
stock
common
stock
common
22,890,810
3,264,960
Net
1695.
Net
.
847,292'/z
Light Co,
owns
Wisconsin's
of
8,902.392
4,034,028
prior lien mortgage bonds
p.
from
Net
Corp.
to
and.
September—
operation
shares of common stocx i$10
par) of Wisconsin Power &
and 224,586 shares of common
*,tock (no par)
of Public Service Co. of Indiana, Inc.
It proposes
to distribute on Nov. 29, 1948 these securities, in partial liquidation,
to its stockholders of record on
Oct. 29,' 1948 on the basis of one
t
11,203,878
""
No.
authorized
has
Missouri Pacific
owned
is
"follows:
West
67,619,601
bank
on
subsidiary
Sept. 30—
operations
from
Interest
Sales
Middle West Corp.—To Distribute Subsidiaries' Stocks
The company has filed with the SEC an application, which is sum¬
Middle
income.!_
taxes,
series F
Austin Field Pipe Line Co.;
by Michigan Consolidated
of
operations
which
or
period subsequent
1£(. 1048—V.
marized
.
railway
oper.
Net
!
45,553,778
Earnings
$3,654,560
$1,022/219
—-
common
Co.
railway
$1,850,003
excise
—V.
Net
471,608
Corp.—Earnings—
wholly owned* domestic
9 Months Ended
>
1,404,064
Note Authorized—
for
Gross
$5,883,184
782,471
243,860
-.
Net
Operating income
Other
Net
'(Incl.
1945
$4,852,761
1—
from
Net
2,993.146
1,173,828
—
.
Prom Jan.
Gross
National Distillers Products
,1
;
1946 "
$5,662,468
income...
oper.
1947
87,501,347
2,755,079
Depreciation
Grots
1,632,027
1,580 042
2 001 091
.213,486
373 564
896307
168,072
761,309
1 467 149
'
' H
800.382,
ry. oper. income—
532,955
Deficit.—V. 168, p. 1484/
'
■
Volume 168
York
New
THE. COMMERCIAL & FINANCIAL CHRONICLE
Number 4751
Northern States Power Co. (Wis.)
Stocks, Inc.—Distributions—
The directors have declared the following
income,
the
on
holders of
to
dividends, from investment
corporation, payable Nov. 25
5 (see first column below—with three previ¬
stock
special
record
Nov.
of
this
Industrial Series—
2-25-48
5-25-48
8-25-48
11-25-40
$0.09
$0.09
Automobile
,15
.10
.09
.08
Aviation
.07
.03
.02
.04
Agricultural
_
stock
Bank
$0.12
$0.14
„.
.07
.08
.08
.12
.
for
taxes
Prov.
:
—
Metals
—
Oil
_
.10
.10
.10
Net
.06
.07
.07
Other
.15
.15
.10
.12
.12
.14
.10
.15
.02
.02
.
__
..
612,350
701,700
847,750
79,550
112,975
115,900
1,118,548
utility
.05
.06
.16
.06
_
Railroad
equipment
-
.10
,
.09
.07
.08
.13
.
.17
;
Diversified
I—
.10
.10
.09
.18
Steel
Tobacco
.15
.14
.12
Diversified
Shares
.18
.15
series
Ind.
.08
.22
.07
,17
.07
.15
.15
.13
bond
.18
.19
.04
.05
Government bonds series
Corporate
.18
.04
.09
.07
.18
.05
.11
Fund
Inv.
Diversified pfd. stock fund
.23
Pacific Coast Investment-—____
168,
income
oper.
income
Gross
$1,103,855
$1,696,380
179,251
.
179,832
(net)
income—
$1,283,107
Total
deducts
income
709,139
.13
company
the
with
Nov.
on
announced final ratification of agreements
Unions representing nearly. 60,000 em¬
4
traffic, accounting and
from October, 1948 to
April 1950, include general wage increases ranging from $2 to
$5
per
week, depending upon occupation and on rate of pay. Certain
special adjustments in maximum rates of some occupations are also
in the company's commercial, plant,
general departments. New contracts, to run
ployees
Included.
final
settlements,
the
on
Carl
President of
Whitmore,
review
of
"These agreements,"
he said, "were made after
levels in other businesses in the various labor
State of jobs requiring similar skills and qualifi¬
wage
New York
of
cations.
expenses," Mr, Whitmore
said.
"The
three rounds of
wage
increases since
1945 alone have
increased
operating expenses by $58,000,000 annually. In addition,
prices for raw materials and construction and other costs incurred
In expanding and improving telephone facilities in
New York State
have risen sharply in recent years. Take lead, copper and cotton for
example:
these
materials,
used extensively
in building
telephone
facilities, have
risen 277%,
108%, and 226% respectively in price
"Today
we
in
are
period of increasing
a
Freight rates have gone up 37%.
1940.
ry.
Net
from
Net
ry.
telephone
equipment
has
increased.
has
going in today has risen to an average
phone
"Increased
the
from
revenues
larger
of $330.
telephones in serv¬
number of
well as improved methods and efficiency, have absorbed some
of
the
higher operating costs, but the plant is now operating
at
maximum capacity and expenses of rendering service have more than
offset the higher income.
ice,
as
company's
earnings which currently
return on
money invested in the business, nor are these earnings large enough
to attract additional capital needed to
continue the company's ex¬
pansion and improvement program which must be carried on at the
"As
has
there
result,
a
been a steady decline in the
are not providing a reasonable
present level of prices."
*s,
7
COMPARATIVE
INCOME
&
Operating
revenues,
operating
.
79 438,006
12,247.689
7,388,857
339,289
39,447,181
39,481,505
359,631
8,135,548
income
(net)
income
$
88.820,052 393,370,008 346.417,398
69,395,509 298,856,649 252,492,458
12,035,686
55,066,178
54,443,435
99,821,243
Operating expenses
Operating taxes
income
1,421,101
612,994
8,474.837
income
deiicit
•Surplus.—V.
40,094,499
1,429,902
8,144,434
4,245,420
6,318,536
32,723,848
35,849,079
8,426,000
—
Balance
40,868,282
5,866,992
——
Dividends
7,748,488
2,607,845.
—
deductions
Interest
Net
3,426,000
33,704,000
33,704,000
*2,145,079
980,152
2,107,414
2,559,008
168,
1802.
p.
(J. J.) Newberry Co.—October Sales Increased 16%—
1948—10 Mos.—1947
1948—Month—1947
Period End. Oct. 31—
$11,613,G94 $10,009,117 $98,932,171 $85,880,104
Sales
—V.
1585.
168, p.
Electric
Noma
Joseph
has
Ward
H.
Corp.—Officials Promoted—
Decorative Lighting
J. B. Wharton,
Executive Vice-President.
Since
Vice-President in charge of the com¬
elected
been
1938, he has been a director and
pany's
Division.
Jr., Treasurer of the corporation since 1945, has been
Vice-President and Treasurer.—V. 168,
elected
1906.
p.
North American Car Corp.—Extra Dividend—
directors
The
$621,741
$508,782
112,115
30,726
72,781
78,840
43,139
16,537
3,600,569
1,145,412
5,143,601
1,123,283
*317,978
4,813,182
971,561
420,821
462,446
'772,283
466,449
45,668
—
income
163,
Investment
American
10
Nov.
on
declared
an
extra
dividend
of
50
cents
the
The
will
company
$6,600,000
—V.
168,
in
new
receive
of
Co.
Illinois
above.—V.
168,
p.
Ohio
Toledo,
Nov.
1.
companies' answer pointed out that prior to the formation of
Owens-Corning Fiberglas
Corp.
in 1938,
full .disclosure of OwensIllinois' and Coming's plans to form the Fiberglas corporation was
made to the Federal government and no objections were raised until
when the suit was filed in Sept.; 1947.
the
companies disputed the
accuracy
of the
government's statements about the formation agreement of 1938, under
which Owens-Illinois and Corning caused' Fiberglas to be organized.
nine
later
years
their
In
answer,
.
that the research and development work carried on
Owens-Illinois and Corning had not achieved expected
much duplication
and unnecessary expense,
and
that independent management
engineers recommended that de¬
velopment work be carried on by a separate corporation with its
own
managment and research staff.
It was for these reasons that
Fiberglas was
organized,
the answer declared,
and not for any
purpose of monopolizing
trade .or commerce.
It was declared that the action of Owens-Illinois
and Corning in
declared
separately
involved
Fiberglas
organizing
knowledge,
to
necessary
was
provide
skill,
the
scientific
and
management necessary
to bring about
the development of their glass fiber products in quantity and quality
and
at
a
price
which would
permit their distribution and sale
resources
competitive markets.
Without this action, the
of glass fiber products might never
in
development
reply declared, the
have been carried
entirely
limited stages or might have been dropped
as
commercially unsuccessful.
Denying any activities designed to monopolize trade, the
beyond
its
early
answer
that, on the contrary,
their activities have assisted or
possible the commencement, enlargement or strengthening of
many, enterprises1 which
manufacture, fabricate, sell or distribute
glass fiber products.
Supporting
their denial that
any of
the defendant companies
attempted to monopolize manufacture of glass fiber products, the
answer
showed that since October 1946 all Fiberglas patents for the
production of such products have been made available by Fiberglas
for
licensing at reasonable royalties to other concerns wtihout re¬
strictions
as
to
use,
geographical area
or
otherwise.
Actually a
number of these licenses have been granted and Fiberglas is ready
willing to grant others, the answer
declared.
1948
government
allegation that
certain, foreign manufacturers for
for
September—
j,he
contracts
from
Net
ry.
5,766,604
income—
3,057,418
3,343,100
Cost
of
Sell.,'
1,522,192
2,415,811
3,843,055
from
from
Net
ry.
168,
101,066,148
23,882.944
19,259,893
13,003,826
13,638,350
11,766,942
7,922,096
income—
oper.
91,010,265 111,567,497
113,623,009
railway
railway
27,882,929
18,599,747
Profit
Federal
rock
operations
Northern
totaled
States
65.482,000
Power
this
kwh.,
Co.
(Del.)—Weekly Output—
for the week ended
compared with 60.278,000
company
as
week last year,
corresponding
an
increase
Nov. 6, 1948,
kwh. for the
of 8.6%.—V. 168, p. 1906.
Northwestern Bell Telephone Co.—Bids for Debs.—
for the
due
debentures,
Broadway,
—V.
168,
purchase as a whole of an issue of
New
p.-
Nov, 15,
York, N.
1979 will be received
Y., up to 11:30 a.m.
1S07.
$60,000,000 31-year
at Room 2315, 195
(EST) on Nov. 16.
share
Pacific
before
on
—
7,605,033
6,850,869
—
$301,760
$454,772
Crl,548
119,500
407
*274,000
$183,808
Cr24,853
$178,452
inccme
Cement
surplus
income
Coast
and other
prior years_
tax
Diamond
S.S.
items
results
and
—V.
"
pre-
000-
„
1948—9 Mos.—1947
$2,690,801
$5,966,305
1,057,134
; 3,584,488
3,401,507
$1,080,332
$1,633,667
$2,381,816
$7,371,040
Dr4,789
40,761
7,539
$3,969,532
76,486
$1,075,542
$1,674:428
$2,389,356
$4,046,018
No.
81,369
260,154
241 516
627,683
323,112
1,503,454
$60$771
$979,657
$1,306,089
$2,301,047
738.000
738.000
738,000
$0.83
income
of
67,088
385,401
$1.33
$1.77
inc. taxi"
shares outstdg.—
Earned
share
per
738,000
.
$3.12
—V. 168, p. 1486.
(J. C.) Penney Co.—October Sales 20.08%
HigherPeriod End. Oct. 31—
1,913
Corp
adjustments
—
lUo,
p*
for
196,161
8,292
period-
16,442
$157,247
rock
168, p.
boat
.
$391,055
tax on sale of stock of Pacific Coast Cement
S.S.
Diamond
Cement
amounting
loou,
Pan American
to
$90,937.
with
World
the
Civil
Airways announces that it has filed an appli¬
Aeronautics
Board,
an
application
to
include
in its round-the-world, service.
Basra, an important oil producing and refining center, will be one
of the termini cf the Middle East pipeline to be built with American
It
is
is presently neadquarters for the Iraq Petroleum
adjacent to Kuwait, another important oil port on
and
also
'
"
„■
Pennsylvania Coal & Coke Corp.—Earnings—
(Including
Wholly-Owned Subsidiaries)
Period End. Sept 30—
Gross
1948—3 Mos.—1947
earnings
Operating
2,084,306
$7,572,864
7,342,505
$6 164 65':
2,820,772
com-
$218'251
i243'569
$23°'359
$344'786
3,140
4,500
9 140
9 71n
36,530
34,893
93,886
68)796
$257,921
alHed"
$2,327,875
taxes
&
exps.
Div6.'afrom
1948—9 Mos.—1947
$3,039,023
$282,962
$333,385
$423,298
5)819)81/;
panies operated under
leasehold
Sundry
agreement—
income
Gross
income
Charges to
Prov. for
•Net
income
4,292
9,341
7,769
30 843
97,000
101,000
118,000
142,000
$156,629
$172,621
$207,616
$250,449
101,172
101,603
inc. taxes—est.
Income
•After
charges for depletion and deprec. of
EARNINGS
'
<,
35,523
FOR
12
32,534
MONTHS
ENDED
SEPT.
30
1948
$318,655
14,040
taxes
and
$7,921,011
7,602,356
$460,151
earnings
Operating expenses
1947
$10,350,312
9,890,161
Gross
20 710
Balance
from
Divs.
Sundry
allied
cos.
under ishld. ag'ment
oper.
income
128,230
Gross
85)598
$602,421
Income
$424,963
Charges
income
to
Provision
tNet
*122,304
(estimated)
$123,523 loss
143)000
$249,616
.
Income
""Includes
32 347
74)000
$406,117
for income taxes
sale of mine properties,
on
tAfter
c^a^||^for depletion and depreciation
Pennsylvania-Dixie
Cement
3 Mos. End. Sept. 30—
Sales,
less
and
cash
1948
1947
1946
1945
$4,674,726
$3,911,881
$4 322 855
3,857,167
3,707,135
3,026,054
4 763 665
162,307
of sales, etc
for depletion
depreciation
Prov.
137,884
126,472
$479,790
$1,595,694
13,710
$829,707
$759,355
t$920 600
82,375
8,721
lo)383
$1,609,404
$912,082
$768,075
t$910 2l7
and
operations-
Other income
Total
income
Interest
—
funded
on
Res.
for
Fed.
income and
inc.
Fed.
subsidiary
debt
20,716
taxes
24,486
591,800
surtax
tories,
122 567
Cr568,49o
$509,392
t$468,49o
company—
4,500
profit
$996,888
$562,096
tNot including $385,382 charged
notes
28 259
230,425
325,500 -
*
BALANCE
SHEET
to special
AS
and
accounts
receivable
(less
of
reserve.
SEPT.
AT
ASSETS—Cash, $3,528,831; U. S. certificates
000;
$137,432
Subs.)—Earns
$5,615,168
Cost
for
$135,641
(&
discts.
allowances.
Profit
Corp.
30,
1948
indebtedness, $1,000,-
reserves),
$1,476,611;
inven¬
$2,647,663;
U. S. Government securities, on deposit with State
Compensation Commissions,". $46,000; cash on deposit with
trustee, $14,940; sundry investments and deferred receivables, $30,023;
land, buildings, machinery, equipment, etc. (after reserves for depre¬
ciation and depletion of
$18,701,768), $5,806,765; investment in foreigh
subsidiary (50% owned) whose only asset is land (less reserve), $45,000;
deferred cbargejs to future
operations, $141,508; total, $14,737,341. <
Workmen's
LIABILITIES—Accounts payable (trade), $359,672; accrued liabilities
taxes, interest, etc.), $695,337; provision Tor Federal income
(less U. S. Treasury tax series notes $400,000),
$945,344; first
mortgage bonds (sinking fund payment due July 27, 1949), $400,000;
first
mortgage bonds,
stock
for
3(4%
series due 1952 (noncurrent), $1,650,000:
(workmen's compensation), $250,000; capital
self Insurance
(par
value
$7
share),
a
earned surplus since Jan.
$3,681,902;
capital surplus, $3,185,076;
total, $14,737,341.—V. 168,
1, 1946, $3,570,010;
1258.
p.
Gulf.—V.
163,
p.
947.
Engineering
Corp.—Declares
30-Cent
Extra Dividend-
Iraq—
Iraq,
capital
1248—10 Mos.—1947
'
$
'
$
^
1435.
Pan American Airways Corp.—To Include
Basra,
.
75,582,605 668,289,153 582,378,403
(wages,
—'
Cement
f
90,762,224
TTTcVr—
ira
-—v.
taxes
and
(net)
1348—Month—1947
$
SavS
Pennsylvania
.
Persian
.
Inc.—Earnings—
(net)____
Fed.
reserve
Net
cation
Bids
$7,305,641
.
taxes
•Includes capital gains
output of
1953i,
$2,274,197
1_
CONSOLIDATED
depre¬
—
(net)
Federal
for
boat
Miscell.
Corp.
Electric
and
1,193,865
profit
.
for
1947
$7,906,793
sold, operating expenses,
depletion and taxes—
froni
Minority
1485.
p.
1952
and
gen.
exps
income
Prov.
and revenues
Sale of stock of Paoific Coast Cement Corp.
From Jan. 1—
Net
—V.
adv.,
(Deficit.
1948
30—*
goods
ciation,
4,203,839
3,454,064
railway—
oper.
1945
accounts payable,
(due
in
3948—3 Mos —1947
Gross profit and income
from
operations
:
(& Subs.)—Earnings—
Pacific Coast Co.
$15,914,358 $12,801,250 $11,602,768 $13,499,501
railway
from
Net
1946
'
$7,947,128.
^ p"V641'102;
Net
Provision
1947
total,
$100,000;
1
were entered
Into with
allocation of territories
and
the exchange of patent rights, It was stated that the foreign
contracts referred to were terminated bv the outbreak of war; that
Fiberglas
has refused to
consider itself bound under them; and
that
early in
1945, as the government had been fully informed,
Fiberglas formally repudiated the agreements.
Specifically the answer
pointed out that there is no separate
field of trade or commerce in glass fiber products which is, or could
be, the subject of a monopoly.
The companies described in their
answer
the variety of glass fiber products which are produced—such
as
mineral wool insulation, yarn, pipe wrap, battery retainer mats
and
replacement
air filters—and pointed out that products made
and
sold by Fiberglas are distributed in a number of markets and
that
they compete with products made of other materials as well
as with glass fiber products made
by others.
Denying the charge made by the government that they have monop¬
olized the manufacture and distribution of glass fiber products, the
companies' answer asserted that there is no basis for the relief that
the government asked for in its complaint.
Fiberglas, Owens-Illinois and Corning in their consolidated answer
denied that they dominate or control the
manufacture and sale of
glass fiber products. They pointed out that from 1941 through 1946
Fiberglas sales figures, which were filed with the answer, reflect
the large demand of the armed forces for various Fiberglas thermal,
electrical
and
acoustical
insulation,
filtration and other products
in ships, aircraft,
and other military equipment, buildings, canton¬
ments, barracks, manufacturing plants and others.—V. 168, p. 1907,
As
Profit
Ey.—Earnings—
$20,864;
contingencies, $501,168; $4,25 cumulative
,?ar)' S1-662'300; common stock $1 par), $190
Penick & Ford, Ltd.,
by
had
results,
1696.
p.
and
sinking
The
General interest
Gross
r.eSe/FVe
1
Net
at
notes
$3,673,990;
1802.
Dismissal
of
the
Federal
government's anti-trust
action against
Owens-Corning Fiberglas Corp., Owens-Illinois Glass Co, and Corning
Glass Works was sought in a consolidated answer filed in the U. S.
Sales of products and merchandise
from other operations
bids Nov. 29 for its proposed offering of
B, R. Bay, President has announced.
$734,640;
inventories,
n®rCrannum 1050 to $744,150; notes payable to banks
accounts. 1951 and
nnn'
Misc.
Sought—
debentures,
Northern Pacfiic
Gross
charges,
admin,
Owens-Illinois Glass Co.—Dismissal of Anti-Trust Suit
9 Months Ended Sept.
Northern Natural Gas Co.—Bids Nov. 29—
deposits,
1948
w
income—
Depreciation
Court
demand
$1,411,140;
^^TIES—Notes payable to banks,
1366.
p.
Ohio Finance Co.—Terms of Merger—
the usual quarterly dividend of 50 cents per share on
common stock, both payable Dec. 10 to holders of record Nov. 29.
extra of like amount was paid on Dec. 10, last year.—V. 168, p. 154.
An
(net),
Period End. Sept. 30—
6.468,988
$2.25
SEPT. 30,
$2,361; notes receivable not
,y®,aJr' ®102>977: property, plant, and equipment (net) ,
total deferred
nnY
<091
share and
per
receivable
and
!wC Jm* retil'ement of preferred stock,
Gross
See
hand
on
190,000
$4.25
%
CONSOLIDATED 3ALANCE SHEET,
ASSETS—Cash
$488,041
i90,000
;
$532,857
133,601
railway
•Deficit.—V.
and
Total
share
per
313,423
taxes.
I_I.II—)
shares
common
13,596
375,443
$580,656
state income
and
1945
made
1948—12 Mos.—1947
$
$
14
Other
1946
declared
ACCOUNT
1948—*3 Mos.—1947
Period End, Sept. 30—
Net
1947
$789,418
railway—
oper.
$815,060
10.423
Federal
1
1948
income
oper.
$784,168
30,892
$125,000
railway
from
They
been added, the average investment
At l he beginning of 1948 each of the
4,000,000 company telephones in New York State represented a plant
Investment of $256. The cost of equipment added to serve each tele¬
additional
"As
per
of
Pacific RR--Earnings-
railway
District
since
1,064,397
the
said that negotiations with the Unions had involved several
of conference and study by both parties in arriving at the
agreements.
areas
1,102,500
September—
Gross
53,355
!___
27,135
802,198
1906.
from
—;
Total
Commenting
careful
No.
lor
;
from
$913,167
$966,522
:
income
Earned
sinn
Northwestern
company,
months
27,135
832,500
168, p.
20,351
From Jan. 1—
independent
eight
$1,511,797
$1,276,363
20,351
—
Common
—V.
,1
charges
Provision
5,898,C
1,072,586
1,169,704
expenses
income
$.4,001,156,
5■%_
pfd.,
' 1947
$7,754,76
6,888,633
operations
credits
Gross
*
Cum.
Net
Co.—New Wage Contracts—
Income
1548
$8,971,504
sold—:
from
accounts
»*
Dividends:
Net
New York Telephone
The
$2,400,375
888,578
638,919
$1,167,073
$823,395
245,004
$1,915,283
,
—
$2,155,371
$1,667,949
247,334
$1,876,213
459,711
income
Net
.15
548.
p.
1,015,618
~
^
goods
Selling, warehouse, and administrative
Net
Gross
—V.
of
Income
83,875
1
Public
Railroad
Cost
*
income
State
taxes
.02
,05
.32
__
774,695
504,600
Sept. 30—'
sales
Net
Profit
.09
.12
.12
630,405
823,050
.08
.25
.21
stock
Machiqery
Merchandising
.09
.17
Insurance
.08
.11
Food
.08
.09
.12
equipment
.09
.09
.20
Electrical
.10
.10
861,480
in-
866,170
__
for
.20
;
_
732,110
623,700
3,987,711
11
Parkersburg Rig & Reel Co. (& Sub.)- -Earnings—
9 Months Ended
$9,575,806
income
Fed.
_
493,132
653,580
than
taxes
come
.18
Euilding supply
Chemical
519,470
(other
Prov.
1948—12 Mos.—1947
...
$7,219,066 $10,794,948
2,939,257
'5,600,185
4,477,469
Depreciation
Taxes
(& Subs.)—Earnings
1948—9 Mos.—1947
$8,209,021
revenues^
Maintenance
payments shown as comparison):
ous
Period End. Sept. 30—
Operating
Operation
(2011)
CO.
the
The
30
corporation
cents
to
per share
have
share
holders
June
15
been
of
and
Nov.
on
9
announced
that
an
extra
dividend
and the regular quarterly dividend of 10
declared
record
Dec.
on
i.
its
capital
Extras
of
stock, .both
15
cents
each
were
of
cents per
payable- Dec;
paid
15
on
Also including the three quarterly
dividends of 10 cents: each previously paid, the total for this year Will
be $1 per share, compared with 90 cents in 1947.
Wm.
S.
Sept.
15,
this year.
Wheeler, President; stated that the results so far this year
<
12
(2012)
nheWed
considerable
ordfers
for
improvement over last year. "A large backlog ol
domestic and foreign customers will be carried over
Which together with the substantial volume of inquiries
being
present
a
prospects
3>.
1046.
received
for. 1949
for
steel
new
encouraging,"
vety
mill
the
makes thesaid.-—V, 167,
Upon
consideration
Federal
agencies,
whether
Pennsylvania RR.—Bids
Bids
for
series
V
the
will-
President
of
purchas?
be
of
received
the
instalments
clusive,
of
and
will
Room
before Noon,
from
the
Nov,
first
1811,
Nov.
1,
1,
Broad Street Station Build¬
(EST) on Nov. 23.
1949,
installment
of
an
of
aggregate
not
chasers
for
the
ordered
and
records
public
investigation
an
Operating
which
said
approximately
New
and
transport
it
the
from
from
ry.
1948
1947
1946
Texas,
natural
company
19,534.1:87
7,495,199
10,632,548
income......
in
interstate
gas
public consumption, Respondent
subject to the jurisdiction of the
1,084,334
Int.
Net
from
railway
.
from, railway
Net ry.
—V. 16#,
46,364,631
24,169,770
6,007,396
11,048,556
increase
C4 CO
Net
oper,
ry.
1946
$1,185,265
$1,023,780
$1,095,819
$893,910
171,188
136,415
*■58,601
*■105,206
income...
137,a30
.
*■164,193
1945
Output—
-
of
—v.
railway
railway
from
Net
"■Deficit.—V.
9,027.792-
195,630
168,
8,687,230
*■1,260,220
-
6.6%.—V.
272,930
Operating
Other
Gross
'
Net
168,
.
Debentures Offered
—
P. W.
—
...
_
-
the
$1,487,479
$3.61
$3.27
-
p.-747.
Peoples Drug Stores, Inc.-40etober Sales Up 0.2%—
Period End. Oct. 31—
1948—Month—1947
Sales
$4,267,576
In
October,
with
136
in
1948,
the
the
same
last
'
^
' 1948—10 Mos.—1947
j
$3,900,084. $37,810,^54 $37.141,569
corporation
month
operated
year.—V.
140
168,
electric
6,439,00C
output
Nov.
of
this
company and its
to 149,838,000
kwh.,
4.5%,
or
1
the
over
CONSOLIDATED
12 Months Ended
Sales—Electric
Gas
corresponding
INCOME
*
Sept. 30—
)
kwh.)...
1.
at
1963,
"
year.
used
Total
10,842,737
1,619,835
—
—_
depreciation.—^—._1
Gloss
Interest
utility services
for
net
additional
future
on
on
'
_1_—
stock
,
Common
to
per
2,750,105
802,990
common
1901.
stock
9,726,240
11,671,488
of
A,
due Jan.
1,
5
expense
9,726,240
$1,80
RR.
are
presently
.(Wash),
Michigan,
Ohio,
through
Z.
_
,
.
Washington'
18,908
surplus.
27,000
$133,608
*
21,469
'
500
)
35,178
f
$50,091
2,433,000
_
Non-lecurring inc.
than
—V.
3,480,000
16,368,000
in
7,051,000
com.
1,817,000
9,317,000
not
:
subsidiaries,
Co.
(Calif.)
plj wood
220,000
586,000
Res.
500,000
*596,000
1,500,000
2,100,000
Kalpine Plywood
Co.
was
company's doilar volume
plywood, approximately 79%"
the
own
manufacturing
OF
will
;
is
'
1
•
1
the
cash
share-
previous
1,597,000
6,631,000
the
281,250
1,502,462
Oper.
1«>83.
1.458
208,000
three
months
1366.
$1.10
quarter
in
the
$4.23
of
1948
were
corporation's
$3.90
1948,
greater
history.
'
'
Trust Co.,
p.
1907.
up
to
the
16 Wall St.,
for
of
called
conversion
business
New York,
N.
Y.
on
for
Nov.
22,
168,
168,
-
*
$769,682.
537,318
749,271
'709,887
$144,032
$84,989
$59,795
,
$136,083
p.' 949.
'
-
Inc.—Earnings—
1948—9 Mos.—1947
1948—Month—1947
$966,699
$1,011,359
expenses-
926,627
958;10D
revenues
$40,072'
$56,248
income
inc.
■
9,964
-
$8,595,655
$9,265,267
'8,783,763 '*
8,715,822
*$120,167
$481,504
26,034
Dr76,399
$507,538
*■$196,566
Dr6,322
"
$50,036
"
$48,926
(non¬
566
87,035
386,498
$49,492
8,533
$594,573
$189,932
,
$58,569
30.960
11,312
175,441
101,833
$27,609
$38,180
$419,132
$88,099
7,657
(charges)
4,455
121,178
183,275
11,035
119,478
104,450
$31,600
$420,832
20,950
207,049
95,550
$10,650
15367
income
Deducts,
Net
r
from
inc.
to
*■
$213,783
$71,374
.
rfet
Delhi
on
stock
at
Lon
A.
surplus—
$8,499
Cearley'has been elected
this
corporation
rmd
troller.—V.
$166,924
in
168,
p.
Vice-President
February,
Controller,
the
and
1945,
Controller.
and
Assistant
as
following
year
1698.
He
the
Vice-
named
Con¬
to
was
•
.
Radio-Keith-Orpheum Corp.—Consent Decree—
the
learning of. the
is
my'view,
RKO's
by
the
in
8
far
so
U.
this
as
the
S.
District Court
corporation
Federal
is
of
the
concerned,
Government
which
has
10 years. Ned E. Depinet, President, stated:
of the consent decree
over
the
most significant provision
representation
production
"."In
ft
and
the
to
short
time
distribution
Court
that,
subject
to
-
stockholders'
can
assured
company
believe
I
of
the
retaining
will
operations
commence
decree
consent
substantially
all
the
is
its
only
so-called
as
way
wholly
theatres.
wundut
the
be
business.
theatre
our
independent circuit.
RKO
It
also has the
right under the decree to acquire
further "court "approval certain'additional theatres in which
and
other
theatres
stockholder
"Our
1
Nov.
approval, it proposes voluntarily to divorce its exhibition business from
its
owned
-
entry
terminating,
brought
suit
pending for
■"In
'
decree
anti-trust
beer,
exhibitors
which
and
presently have
sell
must
we
those
theatres
is
are
picture
competitive
I
company has at
position throughout
have
continue
as
not
the
one
of
all
an
most
operated
times
in
areas
slightest
the
in
interest.
by
of
a
minority
others.
successfully
which
interest in
Our
that
cases
it
maintained
has
its
affiliated
no
doubt
industry's
that, operating separately, it
most reliable sources of high-
grade picture product.
"Fortunately, RKO has since its organization operated its
independently of its production and distribution business.
1,
the
had
picture company and
trative standpoint each has
Bankers
1803).—V.
»
transferred
earned
joined
Field,
of
11,400"
Deficit.
RKO
Dec.
$19,899
.
inc._
New Vice-President Elected—
•
,
1948.
p.
98,717
$834;260
.
$681,350
563,113
■
.
income
Extraord.
new
'
common
108,497
72,321
$699,196
ordinary income_
Extraordinary iric. (Cri
$243,288
first edition of its
redemption
$609,029
i.
80,916
income
38,211
into
(See V.
$670,965
deductions
theatres.
debentures,
close
$725,763
$618,280
communication)
an
presented
6,707,237
'
Ordinary
of
be
may
company
* 7,922,212
"
$281,500
$302,478
convertible
5,063,167
oper.
will
3%
6,051,016
income—net
that
168,
^
a
a
theatre
had
its.
the separation
to
be
tively simple one."—V. 168,
p.
1C48.
reason
company
own
and
from
management
undertaken
will
for
an
and
RKO
4
theatres
We
have;
adminis¬
staff.
be
a
,
^
deducts..
Operating iiieome„__;
Public Service Co. of Colorado—Conversion
of Debs.—
The
.
$7,378,202
Oth. communication inc.
Potomac Oil
Co.
(La.)—Loan Placed Privately—A
$240,000 oil production loan has been made to this com¬
pany by the Mutual Life Insurance Co, of New
York on
a. 10-year mortgage no+e, it was announced on
Nov. 10.
281,250
♦
$8,647,975
revenue
President
$302,478
,
:
r
.
1948—12 Mos.—1947
•
23,100
»
,
.
$5,672,196
oper.
171,900
22,000
the
.
,
'
$6,669,296
Net
•
leases in
*
expenditures
1907.9
p.
*
.
1948—9 Mos.—1947
revenues—^
1.041
Oil has interests in
of
-
revenues-..-^
Total
16-pages; fully illustrated, and
amply provided with :
drawings, tables, and descriptive
matter, the new catalog
ComPlete lin'e of Porter Lubricated Plug. Valves.—V. 166,
Potomac
$50,000,000
of the company to Reimburse it for
construction program for additions and
its
oper.
*
*
of
resources
ROA Communications,
3,393
catalog.
thereunder
issuance
'
Period End. Sept. 30—
17,149
*nwinnce,s Publication of the
the
1963.
due
replacements
plant and to provide for future similar expenditures.
July 31, 1948, the construction program (property-additions' and
replacements)
authorized- and
uncompleted
amounted
to
approxi¬
259,187
expenses.
-
its. utility
On
plug valve
,
.
of
Net
7,185
■».
at
.
16,663
168, p. 1907.
1978,
1,
bonds
1, N. J.,
Net
322,124
kalpine pfywood~C~oZZZZZZZZ~
,
Feb.
a
Tdtal
'
1,372,143
third
at
authorized
to
—V.
5,632,000
93,750
$1.55
in
received
bonds
under
Net
8 Mos.End.
expenses.
period.
,
due
temporary
tures, $30,000,000 will be applied to the retirement in advance of
maturity of an equal principal amount of the company's 2%-2(4%
bank loans made Sept.
10,
1948,
and the balance will be- added to
1,880,773
-
. •
outstanding
t
%
.
16 Wall St., New York, N. Y.—V. 168, p. 1588.
Gross ordinary inc.
Deducts, from ord. inc.
1,755,698
taxes_..i_Z___ZZZZZZZZZZZZZZZ.Z
*
B„ 2%%,
series
for
.
Public
for the purchase of the debentures
price not less than
100%
nor
more, than
10234% of their
principal amount.
Out of the proceeds from the sale of the deben-
Income
$2,638,046
account
.'
-
bonds,
by
at-a
is
$2,635,609
administrative
'*
proposed
.
order
;
Gross
is
which
ZZ_ZZZZZZ_Z*
and
transactions
by
purchase *
issue of $50,000,000 debenture bonds due ;
an
be
and
debenture
dis-
806
*'•
Oklahoma,
of
>
•
-
a
Aug. ol,. 48 Jan. 31, '48
$2,634,803
$2,638,046
--r----'
—r
other income.
State
the
the
exchange
Operating, income
-.
;
by the company at its office, 80
up to noon (EST) Nov. 22.
Other
facilities.
7Mos.End.
its
States
on
•
Service
of
special meeting Nov. 5 authorized the execution
of "an indenture between the company and a bank or trust company,
as trustee,
approved The substance-of certain provisions-of the in-
Operating
repre¬
business
of
shares of the
in
exchange
holdings of the
1,111,670
of
Central
-
acquired.
Richland Parish, Louisiana.
1,372,143
for
Period End. Sept. 30—
INCOME
"*
Z
for
COyfi£y
after
2,416,000
93,750
1,502,462
mortgage
*.
Plywood
Ply-
rent
per
Queens Borough Gas & Electric Co.-r-Earnings—
and
the
which,
of
approved
*-
mately $53,333,000.—V. 168,
;(H. K.) Porter Co., Inc.,
Pittsburgh, Pa.—New Catalog
1«g
7,728,000
210,000
$69,539,000
any
r*r
its
said_.zzzzzzzzzzzzzz z
6,076,000
3,126,000
outstanding
168, p.
and
doubtful
income "of
aimensional
13,006,000
1,663,000
Res.
requirements
of
for
profit
Profit
$
period
balance
per
gales
'
r
the preferred
share; and
of
Competitive bids will be invited
J
approps.-
shrs.
of
expense
Consisting
Cr798,000
for the
divid.
oi
sale
when
company's
earned
goods
lubucated
49,267,000 194,156,000 157,209,000
after
appropriations
Pfd.
$76,459
(net)
Appro, to Research
Appro, to Invent.
ComC
Net
-V.
1948- -9 Mos.—1947
$
69,539,000
5,559,000
taxes-
Taxes
Earns,
and
stock
,
-
warehouse
'
income
fret
>
$
Earns,
whole of
consent
1948—3 Mos.—1947
first
available
denture
'■
*
transfer
.
Commission
1948,
25,
Stockholders
_
.
exercised.
Plywood
will
com-
common
votes
Public
of
$100
dividend
value
par value common stock of Public
proposed acquisition of 688,330 additional shares of
stock of Public Service.
Park Place, Newark
:
Outstanding
$1,000,000
warrants
■
ten
.
for Purchase of Debenture Bonds—Bids for the
1963
capacity of
Amoitization of bond discount and
Federal income taxes
24,821
to
own
J™.!
of
Interest
125,247
Corp.—Earnings—-
before
unissued;
sales
Provision
342,985
19,972
17,712
1,524
II_
expense
L
Earns,
but
where it manufactures
its
the
the
Selling, general
60,878
and
Oct.
now
as a
948.
p.
before
taxes
has
rights
voting
Centra!
stock
its
to
of
stock
par
Service
Public
account
cancellation-by
$10
new
common
Corporation
dated
made
operate
warehouses
in
and
California.
They
STATEMENT
cost
149,589
■
taxes
Sales
■
FINANCING
$1,000,000
Fr'anciscO
'
Net
$94,149
Period End. Sept. 30—
Earns,
which
-
by
common
share
common
a
to
shares of
holder of its
stock,., on
the
,
each
for
as
vote
one
common
Public Service Electric & Gas Co.—Invitation for Bids
.
PRESENT
from
the
Central,
the
which
surplus
acquisition
the Bankers Trust Co.,
,
■
Authorized
with
increase-the
(4)
Service
and
issue
Definitive Bonds Ready—
(Plywood Inc. and
subs'diary companies, consolidated)
•
State
Pftllco
San
,
by
oy
Commisa.ons
$647,750
360,581
™Z
—
value
Definitive
sale
the
sales outlets.
Company has an
approximately 2,500,000 square feet
plywood on a a'n inch equivalent basis
per month.
company, incorporated in Michigan in
June, 1947, is engaged
'
1947
$685,172
earnings
charges
168,
authorized
('Calif.),-
Total
1948
Interest
-V.
TO
BUSINESS—Company
Inc.
produced
-Earnings-
'
income
of
and
(3 (
shares of
the
and
par
are
and ' warehouse
through
common
new
earned
Service,
i
($ipan
1,000,000 shsl
525,150 shs.
stock purchase warrants™
74,850
74,850
*■74,850 shares are reserved for issuance
upon
exercise of warrants
attached to the debentures;
Warrants represehting 50,000 shares of
stock
by
issue
(2)
pari,
to
par)
stock
sinking
v
stock
August; 1947,
-
taxes
Depreciation
Net
-•
supplies,- and may also be used
timber or additional plant facilities
'
filed
111,167 shares of $100
$lo
;
sales
its
the surrender
The
log
% sinking,fund debs, due Aug. 1, 1967
The
an amount sufficient to exhaust
not exceeding par.—V. 168.
p. 1587.
Sept. 30—
Maintenance
Operating
discount
company's
of
($10
stock
($100
slock held,
additional
value
par
shares
Service
•
interest:
2039, to
$350,034, at prices
revenue
Debt
accrued
the
standing
;
Philadelphia & Western
Income
of
current
Joint application-declaration
outstanding
out¬
'L 16-,nfln^act^e.ahd saIe
Plywood-and related items, and is
,i1Sii bus n!SSM formerly conducted by its predecessors.
a™1, Its predecessors were primarily jobbers and not manfact,urere-untiL
5,880,699
,
$1,60
—
..
9 Months Ended
Net
initial
The
is
^>«mated productive
of finished
802,990
3,922,979
$2.07
....
common
connection
Public
$10
foe
amount
under
time
in
from
As
Fidelity-Philadelphia Trust Co., trustee, 135 South Broad
St.; Phila¬
delphia. Pa,, will receive tenders on or before 12
.oi'cUiek noort, BecMS, ^
for the sale to it on Jan. 1.
1949, of consolidated mortgage 3%-6%
Operating
$50,000.
,
represented
Gross
an
issued
the
at
contemplating further financing
of -additional common
stock, the time and amount
been determined.
Stributea
2,130,268
11,671,488
—
outstanding—_I—ZIZZZZZZZZ
share of
series
of
debentures
thereof
shares
the-proposed
new
ending
year
to month basis ah
aggregate of approximately 60.000 square
of warehouse
space in Detroit and Grand
Rapids, Mich., Cleve¬
land and Dayton,
O.; Tacoma, Wash., and Los
Angeles and San Fran¬
cisco,
Calif,
at a
total rental of
approximately $3,450 per month,
in
adoitioil the
company owns approximately 100,000 square feet of
laoihUes
located in
Cadillac and Traverse City, Mich., and
356,787
Philadelphia Transportation Co.--Tenders
Solight—
the sum of
of
sum
and
.
company
lacoma
25,576,996
.
$1.58
.
outstanding
688,339
account,
of
(B9
<
($422,000)
are
contemplated to be
capital in connection with the contem¬
working
finance
acquisition
both.
of
26,494,753
25,932,883
7,347,191"' 5,447,438
—
shares
Earnings
bonds,
payments
of
amount
senting 25,130 shales of. such stock have been
COMPANY AND
9,431,771
658,045
common
Balance
—V. 168, p.
,
proceeds
expansion
and
the
such
*
income charges.;
preferred stock
$1 dividend preference com. stk
on
Dividends
25,836,708
debt and other
on
Dividends
the
prices
9,226,708
12,444,'738
(net)
incoihe__._.
Dividends
•
fiscal
feet
froih
income
fund
stock
share thereafter
2,000,000
value
of
common
stock,
capital
debentures,
$500
per
preceding
amount
the
of
and
payment
month
Income
Other
$5
'
9,913,040
_
for
,
60,039,126 .52,031,062
„
Provision
.
approved a
"Common
126,656,545 113339,706
Operating expenses—
Maintenance
the
sinking
aggregate
irrespective
the' following
Common
$
.2,350,233
-
of
case
a
......
for
fixed
the
1949,
CAPITALIZATION GIVING EFFECT
1,861,481
$
13,275,326
Steam
for
*
141,030,986 100,877,134
_
1952.
1949
4
to
par
10
$6,883-;300
prior to Aug. 1,
thereafter and prior to Aug.'1,
1965, 102, thereafter
and prior to Aug.
1, 19'6C, 101, and thereafter to maturity, 100.
The
6,786-,515 15,371,183 '
-.
Electric
in
of
va'.ue
mon
*
.102y2,
or
the
1947
-
-
.17,145,842
2,175,503
(1,000 lbsj„.„
RevenuMrom utility services:
the
stock
July 31,
,
1948
Steam
Gas
last
of
~ 7,283,0*15
ft.)
cu.
for
increase of
an
week
!
*'•
i
ACCOUNT
(1,600
(1,000
kwh.,
of
fund
facilities
subsidiaries
6, 1948 amounted
1,
annual
4%
PUftFOSE—The
■
Philadelphia Electric Co.—Weekly Output—
The
such
bffore
$10
shares
to-Central
,
plated
week ended
of
or
May
1949,
to
fund
stores, .compared
1587,
p.
$0.05
.
Nov.
on
stock
new
par
payments, both fixed and contingent, oil or before May 1, 1949,
the
preceding
fiscal
year
ending Jan.- 31,
1949,
are
to
be
applied exclusively to Hie retirement of the debentures issued at the
date
of, and not new offered;
subsequent sinking fund payments,
both fixed and contingent, are
applicable to all debentures (including
those now offered) which
may at the time be outstanding.
Redeemable at the option
of
the
company
in whole or in part
on
any date at the following prices and
accrued interest: prior to
Aug. 1, 1957, 105, thereafter and prior to Aug. 1, I960,
104, thereafter
and prior to Aug.
1, 1963, 103, thereafter and prior to Aug. 1, 1965,
102, thereafter and prior to Aug.
1, 1966, 101, and thereafter to
maturity, 100.
Also redeemable through the
operation of the sinking
494,460
,
1698.
p.
111,167
for
$1,981,93^
$1,635,264
„
share
common
$0.09
343,489
com.
(now outstdg.)-
common
-
fund
265,227
$2,123;0S4
....
on
before July 31,
indenture
sinking
487,790
_.
deductions
per
.
$1,733,253
£8,560
$41,463
& South West Corp. and its subsidiary, Public Service Co. of
Oklahoma, with respect to (A) the amendment by Public Service of its
articles
of
incorporation
under
which
Public
Service
proposes
to
<li
change and increase its total authorized number of shares of
168, p. 1907,
standing,., and annual contingent sinking fund payment of any amount,
if any, equal to 30%
of the consolidated pet earnings- of the com¬
pany
after all charges- including interest,
income
taxes,
the fixed
$1,859,119 ~$1',716,712
263,935
income
31,.
equal
1947
1948
-
income
income
Earnings
—V.
Sept. 30—
income
Income
Jan.
the
Pennsylvania Water & Power Co.—Earnings—
Nine Months.Ended
or
on
shares
50
share
per
Commencing
-
1486.
p.
and
$4
and
2,362,450
-
$1,324,827.
sD O
Public Service Co, of Oklahoma—Increase In Stock &c.
1, 1947; due Aug. 1, 1967. Interest payable Feb. 1 and
Coupon debentures in denominations of $1,000' and $500.
1.
tures,
9,329,221
944,945
*■915,158
899,866
1,949,555
income...
oper.
ry.
9,243.566-
share of
per
168,
The SEC
iiiitinlly, attached to" the debentures, detachable at any
by the holders thereof, entitling the holders of the warrants
purchase 190 shares cf common stock in'the case -of $1',000 deben¬
to
at
from
Gross
526,379
$1,07(?,742
Central
Time
From Jdn. 1—
Net
648,295
$1,666,527
341,700
.
Warrants
1947
32,458.
2,632
,
$2,603,121
43,102
$72,324
Dated- Aug.
Aug,
1948
117,366
$2,600,489
$70,023
59,850
rH O O CO OO
commerce
basis
Gross .from railway
Net from railway
(net)
income
Earn,
Plywood Inc., Detroit
Pennsylvania Reading Seashore Lines—EarningsSeptember—
$2,31A,822
be a natural-gas
Commission."—V. 168,
Brooks & Co., Inc., on Nov.. 8 offered $500,000 5% sinking
fund debentures (with warrants to purchase 50,000 shares
of common stock) at 97 and interest.
*
90,667,673
1803.
p.
$113,125
may
1697.
an
741.008,475 666,356,824 604,501302 726,139,196
119;312,806
86,277,777
48,352,294 164,411,571
__
income.
oper.
15,851
1
From Jan. 1—
Gross
$2,298,971
Drl,621
$160,734
i
oth. deduc.
A:
Net
output of the operating companies served
by this corporatioh for the week ended Nov. 6, 1948, totaled" 264,419,000 kwh., as
compared with 248,020,000 kwh. for the corresponding week last year,
13;637,580
6,467,390
$114,746
Drl,210
(not)-
Electric
1945
10,743,846
23,000
income
Gross
gas
Pioneer Service & Engineering Co.—Weekly
railway—,, $87,308,847 $75,713,670 $73,417,909 $72,114,367
railway
oper.
151,995
—
taxes—
income
Nonoper.
located in
and
"by
to pur¬
pipeline
end
of
sales
such
resell
that
of
miles
Oklahoma
and
dis¬
stock
SeptemberNet
income
.
$161,944
$15,9CO,000,
Net
taxes
Federal
1948—12 Mos.^1947
$1,028,914 $13,126,017 $11,558,805
802,612
8,694,379
6,722,595
102,256
1,570,067 • 1,346,521
9,300
562,600
889,200
321,439
,
,
appeared
3.800
Mexico,
facilities,
operations,-
.
.
ultimate
p.
(incl. depr.)
General
Hainpehire^Earnings—
$1,158,378
; revenues^_2«
Oper, exps.
of, other
determine
to
unreasonable, ^unduly
"unjust,
arc
Commission
Kahsas,
company
ex¬
company
operates
its
of
reason
Earnings pop. SEPTEMBER AND FIRST NINE MONTHS
Cross
and
owns
1, 1963, both in¬
dividends by The
Girard Trust Co,
Nov.
to
files
oficial
has
preferential."
or
order
Arkaiisas,
15 annual
and mature in
1948
its
the
by
criminatory,
In
its
of
the FPC
New
1043—Month—1947
company is a natural gas company, within the meaning
Natural Gas Act and whether rates, charges, or classifications
the
Vice-*
Pabst,.Jr.,
Public Service Co;
Period End. Sept. 30—
the
demanded
certificates
trust
H.
Geo.
to principal ar.d
will be issued by
as
certificates
The
of
or
dated
be guaranteed
RR.
constitute
ceeding
be
$529,000
will
and
Pennsylvania
will
equipment
office
at
company,
ing, Philadelphia 4, Pa., at
The certificates
$7,935,000
the
at
of
Equip. Issue—
on
Monday;'- November 15, 1948
to
equipment
statement
CHRONICLE
FINANCIAL
&
Phillips Petroleum Co.—FPC Institutes. Investigation
Determine Whether Company is Natural-Gas Com¬
pany Subject to FPC Jurisdiction—
both
into next year
COMMERCIAL
THE
For
rela¬
,
Volume 168
Number 4751
>•
THE
Railway Express Agency, Inc.—Air Express Up
•-
.
COMMERCIAL & FINANCIAL
&ML
{2013)
-
CONSOLIDATED
.
CHRONICLE
BALANCE
SHEET,
JULY
Antonio Transit Co.—Securities Placed
San
31
Privately
"
Air
shipments
express
handled
in
increased
service
nationwide
the first nine months of this year, the company's Air Express
Division reported on Oct. 30.
(Including
"
ASSETS—
10.4% in
A
of
total
period for
2,682,958
2,964,115 shipments
the
handled duringthe n(ne-month '<
certificated airlines, compared with
were
scheduled,
nation's
1947
the similar
shipments in
for ,the
period. Gross revenue
in banks 'and on hand
1
Cash in, banks—withheld from employ,
'Accounts and drafts receivable.!—
Inventories, (at cost
refund
10.1%
over
traffic
—V.
September,
was
168,
20.4%
up
while
1947,
gross
similar
the
over
of
revenue
1947
the
month,
gain of "
month's
said. *
th
Based
market
upon
Per common share
Per 4%
:
825.82
—-—'
:
-
cumulative convertible preferred
Per collateral trust St*%
ldil,
'
.
—.
share, $50 par
153.2J :
.
-—i
bond
5,863,198
6,505,796
Federal
Machine Co.,
184,570
Sales—Wood
Net
1948
Sept. 30—
A., France-—,
buildings, machinery and
charges to expenses
ce.lulose
263,913
(tens)
products
Net Income from
Depreciation and
Federal
income—
Net
taxes
on
52,724
52,725
Net
from
2,83:1,417
Net
ry.
650,640
Earned
dividends—
The
consolidated
of
assets
sheet
balance
1
1
$25,265,996
$20,92^,107
—
Sept.
30,
_
liabilities
of
1948,
$5.18
shows
E.
George
this
Warren,
of
$6,275,171.
ry;
is
a,.so
elected
been
a
number
k
director of
well-known
of
stock
Motors, Inc.—Changes in Personnel—
tThe
1947.
had
amounted^to
at
July
31,
1948
and
of
It8,
1048.
p.
.
Richfield Oil
t;::cl.
Sales,
oil
Federal
and
gasoline
_*——
operating
for
reserves
§Unused portion
1947.
Net
(1948
rates
of
1,226,808
11,
of
Cost
suits
and
admin,
"Selling,
services———L_—
41958,390
—
—
Total
Total
Est.
"
income
Interest
and bank
advances
on
prov.
Net "income
-V.
1.
168,
644,742
$15,632,370 $11,455,643
—
104,339
65,478
675,000
3,000,000
250,000
3,200,000
loans..
and advances
lor Federal income taxes—
for .possible loss on
Prov.
„344,534
Invests,
.
$11,253,031
$7,940,170
product.—V.
1946
1945
$468,475
Richmond Water Works Corp.
65,393
—
48,234
'6,347
28,156
*1,525
income
oper.
from
5835,091
Uncollectible oper.
*
1.280
rev.
$7,163,075
10,469
4,774,425
4,271,194
$834,115
669.659
105.745
Operating
taxes
—
$719,493
$58,711
25,102
revenues
expenses
$1,^80,249
5,675,904
The
917,068
893.642
ICC
'61,956
90,453
93,330
'530,144
*231,272
a
$55,631
31,699
operating income-
after charges—*—
Net
—V.
168,
$569,634.
326,858
$582,614
352,151
Oct.
on
Sales
~V.
$1,394,141 $12,256,643 $11,258,165
$1,599,221
168,
1589;
p.
1948—10 Mos.—1947
1948—Month—1947
making
authorized the
29
,
sales
'Net
ceeds
taxes
'After
$3.30
—
and
JAftor
gencies.
p.
share
per
charges.
provision
4,022,132
397.806
$10.11
$1,006,998
397,806
$2.53
1,313,453
397,806
profit
13,218.401
.
397,806
$8.09
(After provision for $355,000 for contin¬
of $110,000
for contingencies.—V. 168,
'
1368.
also
of .the
of
CONSOLIDATED
the
authorized
stock
tq
be
the
properties..
(1)
company
to
not ex¬
issued)
(Including
Domestic
.1948
for organization
used
Johnsbury
Champlain
Lake
RR.
Net
sa'es
of
—_
—
sales—
—
The
amount
company
of
was
to
acquire
and
It
has
authorized, capital
an.
the Swanton-to-St.
operate
been
have
stock
issued.
of
1947
$20,623,967 $14,851,422
inc.
from
2,279,824
repairs, rentals, etc.
$22,903,791
Selling,
shipping,
1946
2,071,221
$6,129,826
$16,922,643
1,819,886
$7,949,712
income
10,590,668
7,309,666
$6,331,975
$640,046
250,248
97,408
July
31,
194S,
163,
subjected to
and 51.
not
were
accounting;—V.
from
Net
ry.'oper.
railway
—
168,
1590.
p.
—1948—0 Mos.—1947
1P48—Month—1947
f
-
"
1947
$1,056,531
129,106
133,533
railway^—
railway
:—
from
from
Net
ry.
—V.
income—
oper,
163,
16,584,673
5,894,652
3,611,384
12,968,420
3.683,780
1,807,175
The ICC
Co.
—V.
168,
1946
of
...
1948
....
163,898
92,560
11,906,119
3,276,739
1,177,174
$6,365,481
4,912,280
administrative
$1,453,201
574,960
469,807
$1,185,013
$917,594
185,537
' 122,491
$983,394
expenses.
i
Other
13,861,910
5,966,183
1,670,871
income
income
discount
for
for
sales...
on
addtl.
Fed.
Dividends
inc.
on
income
for
pr.
60,000
yrs.
tax
'
the company to assume obligation and
in
1908.
p.
$5,180 069
3,132,815
$2,047,254
ASSETS—
Cash
Income
744,894
160.796
5,473,723
1,066,926
1,387,963
oper.
$8,987,877
$1,135,833
$593,223
$10,500,537
.59,643
43,108
342,856
384,929
$641,331
$10,843,393
$9,372,806
236,282
167,348
2,335,554
1,803,838
$959,184
$473,985
$8,507,839
Prepaid
1943
a.
(net
plant
1
book
749,920
16,246
157,758
income
oper.
ry.
Non-operating
$490,231
$8,665,597
___
inc..
income
*
1
1
11,032
18,353
$2,686,794
$138,307
$178,192
...
—
...
1
payable.._—
Federal ineome
Real
tax....
:
465,878
Reserve
for.
A
common
stock
($5
common
stock
($1
par)
Earned
156,126
252,298
1,484,752
$7,180,845
$5,664,992
—V.
,
surplus
surplus...—:
.—I—
Total
'After
reserve
for .depreciation
of
$1,032,828
in
1948
inc.
Provision
come
Net
bef.
Federal
for
Federal
normal
surtax—
$9,111,178
$6,429,443
$903,116
3,490,842
2,416,296
372,769
1
and
income
for the
income taxes
in¬
fiscal year—
Earnings
per
•Includes
on
$4,013,147
263,844
sales, less discounts and allowances—
208,439,790
Costs, selling and general expenses
158,655,357
Prov.
for
acpreo:,
deplet,
intangible
development expenditures, amort., abandrnment and
on
$0.30
securities sold.
for depreciation of
buildings, machinery and equip¬
ment charged to cost of sales and expenses aggregated $302,844 for the
fiscal year 1948, $235,934 for the fiscal year 1947 and $247,503 for
the
liscal
year
Farmers
'
Trust
retirements
125,720,b95
«.
>.
:
12,639,54D
15,211,517
—
*
158,503,747
'644.683
$153,901 profit
NOTE—Provision
Bank
263,844
1,396,814
$3.49
common
common
$590,347
$5,620,336
263.844
stock—.
2,148,944
share..^$4.98
Dividends paid on preferred stock—
Dividends paid
Appointed—
Co., New York, N. Y., is acting as
trustee, paying agent and registrar for $10,000,000 15-year debentures,
3s/b% series, due Nov. 1, 1963 issued under a supplemental indenture
City
$
^
St. Regis Paper Co.—Trustee
The
$953,183
1347
1948
Quarter Ended Sept. 30—
Gross
Net
$2,686,794
and
1947.—V. 166, p. 1C96.
1539.
P.
'
$3,139,099
Shell Union Oil Corp.—Earnings—
income
168,
donated
...
;
$7,794,973
2,129,981
$237,933
and
contingencies
" 49,606
82,069
95,167
254,585
151,926
599,322
898,745
81,014
»
35,167
239,060
153,185
587,742
1,333,437
par)
"Class B
377,092
105,309
....
estate, pay roll and sundry taxes
i Paid-in
$820,162
income
757,583
569,237
a
LIABILITIES—
226,005
$976,288
"operating
4o5,74T
859,803
803,633
...
value).—
and equipment
Class
railway
Deductions from
1947
$365,303
400,380
expenses
Accounts
$7,568,968
17,094
income
income.
,
$3,139,099
Goodwill
3,903,881
115,526
taxes—
'Property,
812,680
696,630
.
$604,896
'
■
...
$15,092,401
829,895
as
,
States
Inventories
99,301
$3.60
1948, is $3,477,000,
JUNE 30
SHEET,
Treasury-notes
Accounts'receivable "(net)
$4,408,606 $40,459,889 $39,132,418
2,804,892
28.588,808
24,040,017
$1,603,714 $17,371,081
BALANCE
.
1948—9 Mos.—1947
99,265
151,926
$4.43
30,
"
Ry.—Earnings—
!948—Month—1947
ar.d city
operating
Net
— —
$592,334
45,825
44,183
244,102
l—*
backlog of unshipped orders at June
compared to $3,815,000 at June 30, 1947.
<
—
Gross
iw
375,000
...
The
respect of not exceeding $4,260,000
series C, to be issued by the Guaranty
New York, as trustee, and sold at 99.2655 and accrued
connection with the procurement of certain equipment.
county
ry.
32,223
k
$722,977
'
...
class A stock——
B stock..
class
on
Earnings per class B share
operating revenues
operating expenses
Ry.
$999,557
452,000
—...
on
paid
certificates,
trust
of
income
paid
Net
Dividends
Trust
-
Other
.
35,277
taxes
Federal
16,163
>
$1,270,254
Cash
Provision
85,241.
—
—...
Prov.
'
Nov; 2 authorized
on
St. Louis Southwestern
Federal
1947
$7,837,786
6,077,813
f
sold.—
goods
Sclling and
1945
'
$1,037,304
Railway—Equipment
Francisco
Period End. Sept. 30—
Ry,
(
.
$1,759,973
sales
United
Ry.
•
1589.
p.
Louis-San
Certificates—
"■
"
Serrick Corp.- -Annual Report-
(The)
From Jan. 1—
Gross
"
Years Ended June 30—
Net
Gross
315,365
income_a:-■
first-out"
"last-in
749
pp.
..$221,967,544 $205,979,263 $1,754,648,056 $1,462,171,609
—V.
Cost
*323,070
—---
$49 310,073 $38,603,971 $20,420,746
-
1948
$1,379,062
402,072
24,612,987
Sears, Roebuck & Co.—October Sales Up 7.8%—
June 24, 1948, primarily
Johnsbury section of line.
shares (par $100).
No
<■
Deducts, from gross inc.
Other
27,485,000
13/1947, there was a change in accounting method
and spirits purchased since that date and remaining
Period End. Oct. 31—-
;n
$8,854,930
income from operations—.
hand
1946
1947
•
34,600,000
Aug.
Sales
5,000
13.112,066
14,048,861
Net
taxes...;
*
admiris-
service,
-1948
charges.. $83,910,073 $66,088,971 $45,033,733
St. Louis Brownsville & Mexico Ry.- -Earnings—
September—
from railway
Net
Gross
.31—*-
Salaries, wages and commissions
20,768,973
168, p. 1908/
extending
$225,000,
incorporated in Vermont
Other Federal taxes:
$49,707,532 $35,620,395 $19,241,892
29.083,565
published net income for the yearst
No portion of the insurance pro¬
its income for the year 1948.—V.
operating
whiskey
inventory
Johnsbury,. Vt.> approximately.96.20. miles
track, together with all rights and
principal
that
on
other
taxes
ENDED JULY 31
11, 1946.
company's
profit
NOTE—On
in
from Swanton to
of road and 14.44 miles
franchises appurtenant
thereto >and all the equipment, machinery, rolling stock, tools, mate¬
rial and supplies, and prepaid insurance, and (2) to issue $100,000
of common stock (par
$100) and a note or notes in the aggregate
&
all
after
Net
and working
expenses
.$1,195,476
-
Cost
Profit
on
purchase
State,
Subsidiary)
Sept.
on
the
remains unchanged.
Income and excess profits
''
r
*
June 28, 1948,. applied to the ICC for authority
and. operate* the section of line of railroad of the
..
company
to
Net rev. from ry. opers.
INCOME ACCOUNT—YEARS
■
basis,
1947
(Joseph E.) Seagram & Sons, Inc. (& Subs.)—Earnings
commcn
,
Royal Typewriter Co., Inc.—Annual Report—
Chester
at
and
by: the
operation
and
capital, and the (proceeds of the notes to be applied to the purchase of
dividends
1948—3 Mos.—1947
1948—9 Mos—1947
$13,196,191 $44,500,050 $38,467,864
Capital shares outstand.
Earnings
purchase
$15,038,141
—
„
a
ceeds will.be included,in
Etock. .(par $100), and (2) a note or
notes,; to be secured by mortgage, for not exceeding the aggregate
amount of ■$225,000; the stock and notes to be sold at par, the pro¬
Trust
Co.—Earnings—
Period End. Sept. 30—
Net
I
-
$21,214,500 $15,189,115
5,451,921
4,863,652
a..
Fiscal Years Ended July
Commission
The
equipment
Ruberoid
$2.92
against
this
1946
liability, as lessee and guarantor, in
"
'
165,750
$1,876,874
"
$2.15
m October, 1948, the final payment of $1,905,total" of $3,905,227 accepted by it in full settlement of
the insurance company for property damage, expen¬
ditures and production losses resulting from the accident to the towel
r
Period End. Oct. 31—
871,847 shs
on
liabilities—
claim
its
properties and franchises of the St. Johnsbury & Lake
ceeding 14100,000
St.
Rose's 5, 10 & 25-Cent Stores, Inc.—Sales—
$2,550,103
CURRENT ASSETS AND CURRENT LIABILITIES
macbiile
1908
p.
shares...
$2,042,624
-
The company received
227,
Champlair! RR.
Net
Net
...
Current -assets
168, pi 1589
of certajn:
road
4,903,963
'
shares..
.
$6,388,189
7,940
$7,152,606
569.056
94,811
$2,715,853
165,750
—
preferred
on
:
St., Johnsbury & Lamoille County RR.—Purchase and
Operation—
:; v
'
' '
Net
Operat'ng
1,024,956
2,287,977
3,548,683
1,371,380
1,730,060
*
Earnings per common'share
3,890,857
222,327
*43,048
3,769,977
519,124
income.'.
Gross
Operating
income
on
'
exps
gen.
32,249,583
3,135,060
4,241,372
,
railway-
'Deficit!—V.
1948—9 Mos.—1947
.
$720,778
976
revenues
40,221,187
1,110,062
-sold
earnings applicable to common
Current,
railway—
ojjer.
1947
1948
Corp.—Earnings—
1948—Month—1947
Period End. Sept. 3C—
Operating
products
on
earnings..—J.
28,365
securities
Rochester Telephone
$53,153,594 $42,525,203
$430,520
40,868
ry.
St.
Securities Sold Privately—The company has placed privately with insur¬
ance
companies $1,200,000 first mortgage 3% bonds,
series A, due Sept. 1, 1078 and 4,500 shares of preferred
stock (par $100).—V. 168, p. 1486.
v
'
1,328,640
...
fok taxes
Frov,
Net
$511,727
from
of
\
■*'
'
*
...
167,
,
98,091
ry.
St.
1698.
p.
.....
Distribution, admin." artd
in
for improve¬
$591,663
The
1
damaged
a.
1946
Freight- paid
$4,382,167
.*
railway™!
front,
Not
$15,287,786 $10,810,906
income' (net).
Nonoperating
4,463,2.90
2,866;41tK 1,937,086
losses and abandonments—
Operating income
t
36,988,863
11,959:533 " 10.001,447
gen7 expenses'—
and
Depreciation and depletion
Dry-hole
51,665,752
Sept. 25,'48 Sept; 27,'47
machine
of
use
Depreciation
RR.—Earnings—
188,357
$86,737,871 $64,261,592
.
$3.73
$53,153,594 $11,196,563
of
Cost of products.sqld
figures subject
of
exchange,
On
Gross, income——.
$4.84
shares)—..
(286,000
1048.
sales.......
Sept.
subsidiaries
Canadian
of reserve
development
and
1,074,45£
1948 and $437,354
depreciation- of
„
1,383,529
Scott Paper Co.—Earnings—
$20*922,107
from 'railway-——*_
Net
$85,511,063 $64,073,235
—
prevailing
in
1947
1948
tax—
income
Nine Months Ended—
Net'
'
.
Net
,
<
-
.
—
revenue-—-————
1947
1948
and
and
their books
the
at
September—
Gross
Gross
;
French
value-on
equipment
and
From Jan. 1—
Corp.—Earnings—
State
taxes—
Other
$4,283,690 in
plant
Rutland
Net
,
10,273,001
168,
Dividends
.
Nine Months Ended Sept. 30—
English,
1947... f After
2298.
p.
"Board;,
James J. Dervin; Vice-Fresident and Director of Purchases,
'succeeds Mr! Sherer as Vice-President and Assistant General Manager,
—V.
p.
approximately $1,700,000 at July-31, 1948, and $1,500,000
-
112,473
'376,110
2.016,887
,
$16,252,400 $11,637,084;
share
per
1,100,000
$25,265,998
accounts of $500,693
converted
38,299
*474,628
;
Earnings
1,074,472
13,733,429
combined
which,
2,274,188
'509,540
Sept. 30—
after Federal
income
—V.
3,769,200
1,074,472
——
company's
indicated
an
audit)
position of Chairman of the
who lias been elevated to the
Hund,
648,000
3,769,200
?
,
Net
92,364
271,493
$100 per share)_
—
2,405,309
65,643
87,192
,'592,333
163, p. 1589.
Insurance for. loss
——
'64,221
'112,123
Sangamo Electric Co.—Earnings—
2,430,528
227,976
__
_"i
surplus"
Total
Joseph 8. Sharer, Jr., Vice-President and Assistant General Manager,
has been elected Pre ;ideut and General Manager, succeeding
Henry
E.
352,071
3,485,736
...
value)
par
153
'58,212
2,550,581
railway—
railway..
9 Months Ended
663,950
687,611
taxes
(par value
($1
.14,272
*24,511
'25,117
oper. ,iticpme__w
Sales
coupons
surplus
preferred stock
ment
Reo
175,719
taxes
income
on
etc-
merchandise
((Appropriated
Common
Earned
municipal
for Federal income
Unredeemed
to
director, "of
a.
salaries,-wages,
Provision
327,810
149,083
1945
$194,750
$787,086
316,397
__
and
State
than Federal laxes
Accrued
in
Las
corporation.
'He
$778,504
'
1946
$178,733
subscriptions,
payable
Federal,
other
'•
companies,-: in¬
cluding Remington Rand, Inc.; Virginia-Carolina Chemical Co.; Wal¬
lace & Tiearnan Corp:; and Home T.Le Insurance Co.—V. 168, p. 1486.
s.
(trade)--
(contra)_—
'After reserve for doubtful
York,
New
Accrued
7%
from
from
Net
current
Elects New Director—
^
payable
,/;
1947
$253,774
'130,380
income—.
'Deficit.—V.
withheld
RR.—Earnings—
From Jan. 1—
Gross
—-■
Commissions
.
$6.76
of
as
current
and
$20,666,360
$6,083,795
939,307
746,403
-
—
stock—
common
on
939,307
$7,658,443
—
—.—
share
3,943,500
1
divdends
per
1,636,453
+
1948
railway—
oper.
Net
Total
11,663,748
5,372,752
—
i^-1.—
income
Preferred
14,993,178
1,961,983
operations..—.
aep.etion
Common
259.159
$47,315,433 $36,746,539
sale?*——
construction,
$233,491
.
410,667
licenses and goodwill—
Patents,
etc.,
when
.»
September—
'
from railway—...
3,810,489
equipment
Federal taxes and employees' bond
1947
advanced
3327.
p.
Gross
Royal S.
tLand,
Accounts
Rayonier Inc.—Earnings—
Nine Months Ended
be
t
San Antonio Uvalde & Gulf
10,000
!
Ecrlre
a
LIABILITIES—
>
will
loan
completed.
$1,003,450.—V. 165,
184,570
10,000
Ltd., England—
Deferred
2,563.03
the
subsidiary companies—
or less:
1588.
p.
been
has
of
Coinpany also sold $750,000 equipment trust notes, payable over a
three-year .period to a Dallas bank, to help finance new buses costing
466,640
i___
foreign
The balance
work
excess
.
in
Royal Typewriter Co., Ltd., Canada
Compagnle Francaise des Machines
as of
Oct. 31, 1948, this company
its outstanding securities as follows:
"
of
6,353.460
8,573,372
of
.
facilities.
'
quotations
coverage
327,809
company,
consolidated,.at cost
Visible Writing
reports net asset
—V.
not
1367.
p.
Railway & Light Securities Co.—Asset Values—
$4,021,111
316,397
account
profits taxes
(Investments
agency
$5",554,316
market whichever lower)
or
on!
,
a $750,000 loan from an in¬
payable over a 15-year period and securCfl by s*
first mortgage on land and improvements which constitute new garage
surance
(contra)
——
for
The,:company lias received $575,000 of
1947
1948 •'
Cash
Claim
January-September period was up 5.6%
it was announced.
September's air express shipments amounted to 324,738, a
Subsidiary)
Domestic
1946.
dated
as
of
Nov.
1,
1948.—V.
168,
p.
Gross
1908.
Other
Safeway Stores, Inc.—Current Sales 3.4% Higher—
Period End. Oct. 30—
Sales
The
weeks
last
1948—4 Wks.—1947
$93,481,699
company
ended
year.—V.
,
1948—44 Wks.—1947
$90,383,358 $1,065,054,380 $927,732,182
operated an average of 2,250 stores during the four
30, 1948, compared with 2,401 in the same period
Oct.
168,
p.
1589.
and
credits
Total income
Interest
Prov.
$34,572,916 $20,143,312
1,667,304
1,282,573
income
income
on
funded
.
-
$36,240,220 $21,425,885
768,306
774,968
9,000,000
5,300,000
-
debt
—
for est. Fed; taxes on income
Net
Earned
income
per
share
r_
—
$26,471,914 $15,350,917
$1.96
$1.14
14
(2014)
THE
EARNINGS
NINE
FOR
MONTHS
ENDED
SEPT.
30
(E. R.)
1948
Net
income.—
Earned per share..,
1947
$6.11
for
1947.
dividends
No
168,
$2.87
paid
were
by Shell
and
1948
from
Interest
67,961,373
expenses
operations
and
notes
on
tlncome
from
Sioux City Gas &
issue
of
71,362 additional
through warrants at $25
share
for each
share in the ratio of
a
shares
five
shares offered
common
receiv.
811
held.
the
At
Pro/it
'insurance
new
Profit
on
redemption
tate Corp.
Mary,
St.
Louis, Mo.
Dempsey-Tegeler & Co., St. Louis,
Bonds
—
Total
Other
Sold—
bonds
the
are
$6,801,026
long-term
debt
114,845
{Fed.
Foreign
and
oper.
operat.
of
for
135,110
transfer from
Income
and
than
46,722,825
Other
for
Net
taxes
011
2,343,279
8,135,399
7,387,264
37,999,798
17,705,602
9,367
Df23,044
71,026
7,396,631
37,976,754
17,776,628
income
297,861
8,660,800
4,030,600
5,827,016
29,028,593
981,348
•1,079,476
$9,84
$5.93
$26.89
stock
dividend,
98,135
shares,
1948.—V, 168, p. 1734.
The directors recently
cash
declared
dividend
notes
Loans
to
the
to
of
25
2%
a
cents
stock
1947
receiv.
12,293,451
646,974
9,877,435
1,199,861
24,714,193
and
130,328
111,332
353,466
85,549
64,091
employees
foreign income tax claims
and
Prepaid
and deferred charges-
exps.
{Property,
advances..—
plant
and
321,128
subsidiaries.
both
payable—V.
168,
2,755,198
139,384
preferred
on
Mortgage notes payable (due within
one
year)
Accrued profit incentive payments
totaled
output
of
3,001,000
this
kwh.,
for
compared
as
corresponding week last year,
an
taxes
Co.—Weekly Output—
company
the
week
ended
Nov.
with
2,588,000
kwh.,
of 16,0%.—V. 168,
Increase
1948,
for
for
U.
(other
S.
than
and
income-
on
the
1945.
p.
Prov,
taxes
foreign
147,000
Month of September—
Gross revenue
Operating
expenses
Provision
for
Amortization
Provision
Bank
1948
plant
$8,983,602
5,428,548
4,619,309
888,949
acquisition
856,741
adjustments
556,250
debs., due
1,840,233
1,820,830
3,500,000
Interest
long-term
on
Amortization
Other
Divs.
of
debt
debt
of
Net
preferred
disct.,
stock
for
&
subsidiaries
of
i__
Prevision
of
for
12
MONTHS
;
________
plant
acquisition
adjustments
taxes—
_
Amortization of
debt
debt
disct.
of
subsidiaries
prem.
and
Other
deductions
Dividends on preferred
subsidiaries
.
________
Federal
income
taxes
of
341^223
-
$863,800
12 Mos.
$
Grass
earnings
*-~V, 168, p. 1945.
17,142,482
5,748,407
Cr38,744
21,834,910
7,570,378
reserve
and
-Consolidated
net
—V. 168, p. 1437,
$
8,969,499
p.
im 1946.
Prov.
goods
sold
advert.,
and gen.
______
income
1948
$
$
1947
.
$
8,840,828 272,413,558 242
assoc.
<
tWUnnon
Gross
Int.
135 777
dividends____
dividends.——
share of
37,099,449
7,811,367
1,765,730
$
37,957,947
7,606,682
1,866,756
stock
_______
9,577,098
606,337
9,473,439
instalments
cancellation
and
to
stock
Dec.
Earned
238,626
1,392,857
prior fis-
—
:
——
'
payable in semi-annual
1953
31,
$1
value
(par
—
47,475
1,178,571
1947
share)
per
300,000
[—1
300,000
771,594
surplus
771,594
2,441,647
2,801,430
$5,716,606
$6,356,928
——
Total
i*
reserve
—
for
1947.—V. 166,
depreciation of,$47,995.
for
reserve
{[After reserve
in
—
$30,000 in 1948 and $15,000 in 1947,
of
{After
depreciation of
+After reserve
?After
$1,071,211
in
reserve
1948
and
1620.
p.
9 Mos. End. Sept. 30—
3,164,000
2,570,000
5,806,761
5,378,502
192,500
577,500
1,587.263
1.587,263
3,174,527
3,174,527
4,761,790
3,174,527
4,761,790
3,174,527
$0.19
$0.43
$1.65
$1.51
.
577,500
1948
15,200,921
1947
1946
1945
$1,823,520
$1,859,682
$1,025,261
21,950
22,063
278,800
273,881
313,413
9,938
260,418
$1,826,131
$1,527,688
$1,524,205
$754,904
1,729,808
1,579,390
$96,323
Reserve
$2,113,931
9,000
l',514,694
1,748,406
*$51,702
taxes.
for
*
Expenses
{Net
.
Cash
income———
distribution ;
„
__
—
1,343,335
925,585
$180,870
,
$7*.231,263
shares
in
in
Surplus
r
•Deficit.
1946.
194?
and
{Exclusive of
net
The
value
asset
net
gain
or
share
per
of
from
loss
the
.
*$170,681
sale of securities.
corporation
BALANCE
of
as
30,
1947.
Sept.
ASSETS—Investments
1948—9
$
*
194?
$
$
711,857;
In
•
42,210,849
32,140,748
47,334,381
30,020,095
141,374,975
U.
banks,
SHEET, SEPT. 30,
$6,030,671;
current
payables and acciuals, $159,519; dividend
declared, $601,672; net assets (represented by 1,504,181 no par common
shares),
80,283,710
total,
$64,765,641;
$65,526,832.—V.
Staten Island Rapid Transit
12,500,000
Net
1,750,206
1,742,872
578,756
income—
for
225,691
1,342,764
950,663
53,537,797
debt.
Federal,
inc.
on
consol.
income
156,967,945
1,044,862
from
Net
ry.
82,977,245
732,665
net
13,600,000
inc._
36,850,000
Gross
1947
1946
1945
$263,599
$321,538
$355,130
49,759
3,757
76,964
90,358
•5,308
*61,549
13,456
33,375
2,728,801
2,430,762
from
ry.
66,544,580
$3.03
$1.98
$9.00
railway
from
Net
15,700,000
25,736,380 117,073.083
39,461,600
share—
5,100,000
Ry.—Earnings—
1948
railway—
income_—
optr.
railway
2,607,819
4,164,857
132.393
113,181
213,594
1,553,654
♦398,041
railway
income—
oper.
*Deficit.—V.
*415,255
*293,415
728,418
168, p. 1404.
Sterchi Bros. Stores, Inc.—October
$5.12
1625.
p.
From Jan. 1—
Net
255,431
,
etc.,
(est.)—
per
31,091,811
476,197
from
168,
$297,891
September—
Gross
845,825
(cost $46,890,292), $53,$5,002,667), $5,000,324; caeSs
receivables, $783,980; total, $65,526,832.
(cost
bonds
LIABILITIES—Current
cos,
624,660
1948
at market quotations
Government
S.
Period End
Oct. 31—
Sales Off—
1948—Month—1947
1948—8 Mos.—1947
•
v'
company
on
Nov. 5
in London,
England,
in
the
Iraq
all the
agreement among
In
the English courts
claims
presented
Briefly,
are
as
the
in
Jersey)—Litigation Settled—
announced
that
the
Petroleum
parties.
to
that
it
has
in
issues
Co.
two
have
been
been
Accordingly, steps have
discontinue
both
actions
advised
by
actions
settled
and
involving
by mutual
been
the
and
the
manner
in
which
they have been settled
agreement
1928,
under
exploring and
the
Middle
These
these
the
oil
companies
of
resources
would
an
Co.,
companies which
countries of the Middle
have
work
extensive
invested
then
and
Ltd.
They
have
are
now
have
acquired
the
since
rights
East.
large
sums
sole
in
shareholders
a
of
number
the
of
other
•
the
close
of
agreement of July 31,
it
had
been
1804.
Sunray Oil Corp.—Earnings—
9 Months Ended
and
World
War
II,
doubts
1928 was still binding
frustrated
or
dissolved.
The
arose
on
as
to
whether
the parties
actions
1948
$47,330,035
Sept. 30—
income
Costs
Res.
13,986,115
3,825,000
(est.)
3,594,243
1,800,000
575,000
income
$12,057,552
$2,504,232
1,145,643
$7,332,046
839,746
$10,911,909
$6,492,300
$2,175,529
for
deplet. and deprec.
for Federal
Prov.
1947
*1946
$26,943,160 $13,820,570
27,315,461
4,362,779
etc..
expenses,
taxes
Net
divs.—paid
—
(est.)_
8,432,338
2,309,000
and States income
Earnings
or
instituted
the
which
The
panied
or
common
stock
per
common
share
was
only
for
distribution
tribution
$2.17
two months of
with. Sunray
merged
statement
$1,250,000
declared——
to
Balance
•Include
in
exploration work and among the
oil fields discovered is the
major field <at Kirkuk.
They also have
built and operated what are so far the
only long distance pipelines
bringing Middle East oil to the Mediterranean.
After
p.
of
some
/
$9,332,043
together
area
formed
in
$1,257,747 $11,250,024
LaRue, Vice-President and Treasurer, stated that the October.
1948, net sales, as was expected, reflect the effect of the $2,038,000
sales
volume obtained in September from pre-Regulation "W buying,
resulting in a 22.63% decrease under October, 1947, sales.—V. 168,
Pfd.
were
Petroleum
other
They
all
East.
companies
Iraq
which
developing
$973,147
-
S.
Gross
the Near East Development Corp., jointly owned
by
Standard and Socony-Vacuum Oil Co.,' the
Anglo-Saxon
Petroleum
Co., Ltd., Compe.gnie Francaise des Petroles,
D'Arcy Exploratibn Co., Ltd., and Participations and
Investments, Ltd., signed
an
sales
taken
counter¬
each.
issues
31,
Net
C.
follows:
July
Jersey
the
735,400
and
—
69,953
of
Paid-in surplus _i—
—V;« 168, p. 1404.
1,524,936
1,543,965
—V. 168, p. 1404.
warranty
income
on
Divs. & interest«received
11,160,169
—
long-term
on
taxes
in
787,519
192,500
service
taxes
74,115
ac¬
commitments
Common
Calif.—Earnings—
income-
shareholders
438,000
Nte. pf common shares
income per common
1+
$
2,312,399
395,130
220,630
94,121
20,000
years—estimated
Notes payable to banks,
14 850,000
1948; $354,846 In v'
$1,154,741 Irt 1948
depreciation and amortization
5,000,000
misc.
This
761,762
2,674,496
for
$557,676
246,195
therefrom—
property
cal
in,/ foreign
dividends
On
income
of
$39,089.
15,642,423
income,
from
counsel
12,118,018
362,096
withheld
amounts
'
Net
11.811,687
457,497
$547,050
"
of
1948—3 Mos.—1947
amort.——
operating
67,645,088 214,034,858 202,702 880
Cr6,259
Fed.
'
Net income for period
Preferred
of
Federal
of
income—184,376,700 140,322,873 535,585,051 372,542,941
121,399,896
99,142,609 351,999,227 260,118,483
deprec., depl.
Operating
Prov.
53,214,670-169,124,041 157,138,249
1,219,260
charges
for
67,917,553
55,344,103
admin.
exps.
Profit from opcrs.
Income credits
t*«es
quisition
550,962
$6,356,928
payable
includ.
$967,171
$479,940 in
reserves
for
reserves
Standard Oil Co. (New
I
accounts
66,879
charges
for
and
-
sales
Income
{After
of
{After
$
—Jan. 1 to Oct. 31—
1947
$
132.076
$5,716,606
—
—_______:
Payrolls,
cper.
Operating
Other
Mos.—1947
$*rov.
debts
1946.
countries
(Including Subsidiaries Operating in the United
States)
Period End. Sept. 30—
19483 Mos.—1947
1948—9
■v
doubtful
in
Standard Oil Co. of
1590,
1948—Month—1947
1948—10 Mos—-1947
sales.1 $13,577,157
$12,943,848 $104,389,033 $97,084,236
$
charges
State Street Investment Corp.—Earnings—
20,027,933
Period End. Sept. 30—
10,204,421
Standard Brands
Inc.—Earnings—
Oross
for
$272,224
and
Est.
of
1,384,082
22,197
(less
1948, amounted to $43.06 as compared with' $42.01 as of Sept. 30,
4,094|675
168,
<
—
19 600
3,07l|o06
Spiegel, Inc.-^-October Sales 4.89%
Higher—
Net
18,872
89,193
14,700,000
1,514,694
1,745,796
18,602,095
$8,528,590 in
1948,
$7,849,826 in
1947
and
§Represented by 145,500 shares in 1948, 147,000
148,500 shares in 1946.—V. 167, p. 947.
Cr54 165
Period End. Oct. 31—
Cost
1,317,589
and equipment—
patent licenses
—
___!
1,514,694
1,744,296
of
87,038,818 115,152,360
45,048,346
60,873,359
8,030,387
10,591,537
1,907,991
2,543,989
14,909,610- *19,308,564
$9,140,050.—V.
Days End. Oct. 31
'
Selling,
8,696
—
<
1948
10,535
amortization)
used, now offered for sale
deposits and accounts—
plant,
$25,000.
$64,728,864 $60,849,049 $51,116,895
•After
1947
1947
1948
30,
Southern Ey.—Estimated Gross
Earnings—
II
and
10,211
and
•After
95,625
9,000,000
14,550,000
Total
341,223
<
surplus
Other
fteriod—
accounts—officers
§12,336
of
369,250
2,124,354
co.
Earned
8,354,411
of
and
9,723
7,401
stock
96,081
.
Divs.
Net income
•Includes
expense
advances
insurance
'
8,199,538
—110,000
350,434
196,916
Serial
Gross
long-term
on
Outside stkhldrs.' interest in sub.
Cr5,231
ENDED SEPT.
Vw?T0S8 lncome
Interest
fluctuations
Cr4,959
$839,163
—_
.
other res.__
581,673
exp.
depreciation.^
fUimrtization
exch.
640,487
_—
expenses
Provision
for.
$1,791,189
$
Operating
for
—
pfd. stock, series A (90,000
no
par shares)
§$4 preferred stock without par val.
Common stock (par $1)__
Capital surplus
1—
9 Mos.
revenue
contingencies
211,999
subsidiaries
————
EARNINGS FOR 9 AND
Gross
Reserves
of
312,908
175,290
Reserves for Insur. and
;
income
for
1952
$1,859,212
premiums
116,925
729,934
______
to
1,504,362
deductions
on
13,738
129,935
stock of Backstay Stand¬
common
Taxes, royalties, and misc. liabilities—.
Note payable to officer in connection with
5,722,360
3,750,000
>
(noncurrent)
211,999
—
128,629
91,419
life
value
Total
1,849,084
3,250,000
43,297
income
1,867,141
Deferred
on
1961
135,000
128.629
{[Property,
636^275
4,782,110
37,661
(est-)
1,415,051
Patents
1,326,512
3,881,152
loans, due serially
Reserves
165,165
billed to cus¬
income
on
employees
taxes
1,754,912
taxes
—
Gross
1947
$10,143,622
_
_____
depreciation
of
for
quired
Subs.)—Earnings—
taxes
{Real estate formerly
128,059
148,500
1,588,503
Purch. money mtge. on property ac-
Southern Co. (&
Federal
1947
Miscellaneous
$2,934,319
433,506
1,843,913
.
20-yr. 2Vb%
to be
process,
_
-
Reserves
Income), discts. & misc. accruals.
6,
in
dies
—
(100% of outstdg. shrs.)—cost.
security investments
—1—
Travel
52,500
commissions, payrolls, etc._
992,243
1948
Co., Ltd.
Trade
190,133
235,500
stocks
$1,224,120
1,283,093
SHEET, JUNE 30
{Miscellaneous
11,475,183
3,027,134
$0.75
Cash
$72,426
wages
Div. payable
and
ard
from
Accrued
Southern Colorado Power
$766,896
165,265
Nil
—
———.
LIABILITIES—
loans payable by
employees'
share
receivable—
accounts
Investment in
LIABILITIES—
Bank
$227,904
180,517
——
amortization—v
common
tomers
$64,728,864 $60,849,049 $51,116,895
—
*$359,783
$559,282
Tools
43,331
43,928
1,146,418
1,370,456
1,776,642
14,938,867
18.092,382
Crl35;000
—
and
per
Refundable
836,947
22,183,129
.
Crl4,249
from
loss.
•Trade
111
—
Accrued
Electric
2,090,473
equipment—
_
arising
loss
BALANCE
1946
tlnvestments
Cr39,82Q
years
prior year
Cash
$5,484,371
8,533,131
accts.
accts.
448
160,000
ASSETS—
~
30
$8,081,078
Accounts payable (trade)
Federal income
tax withheld
dividend and the regular
share,
per
JUNE
receivable—
and
and
officers
and
SHEET,
6,353
'
prior
for
35,554
(estimated);
operating
of
186,121
420,273
98,806
Inventories—at lower of cost (first-in, first-out)
or
market
$7,634,437
hand—
on
•Customers' notes
$13.70
distributed
1734.
p.
$3.01
23,166,224
and
Inventories
Total
Socony-Vaeuum Oil Co., Inc.—2% Stock Dividend—
quarterly
$3.26
BALANCE
748,192
8.071
profit
•Net
Estate
981,348
*
share
10'7c
stockholders Sept. 24,
$2.02
,
13,448,167
*1,079,476
stock
Net
Earnings
$5,151,403
598,500
1,257,556
1948
in banks
Goodwill
10,630,031
per
^Includes
287,361
1,471,300
1,514,694
592,500
1,514,694
share
common
Jones
on
Other
98,315
2,528,600
786,500
ASSETS—
Cash
Fed.
94,815
per
$5,525,386
stock
9,525,603
155,434
740,613
.
$3,811,939
stock
CONSOLIDATED
3,744,000
13,252,846
outstanding
Net
common
,521,707
4,087,000
inc.-
common
on
,296,444
Drl8,422
income
Shares of
81,993,608
1,258,000
(net)
.
,
Corp. preferred stock of $161,516.
{Less credits
arising from carry-back of operating losses of certain subsidiaries.
SOn stock held by outside interests.
83 ,267,753
13 271,268
Total Income
Int. and other chgs,—
Prov.
declared
dends
1,495,000
—
Cr300,000
______
24,354
11,019,781
82,650
year.
for
taxes
carry-back
provision
for profit incentive payments of $433,506 in
1948, $556,250 in 1947 and $656,550 in 1946.
{Including in 1947 divi¬
$
2,851,932
income—
income
pfd.
ren¬
tals and lease cancell.
oper.
20,450,552
on
the
for
of
1.192
8,684
33,581
income
on
Overprovision
—
declared
1947
$
31,439,095 132,215,805
29,104,625
Provision
re¬
pfd. divs. of subs.
Divs.
gen.
Depict, and deorec.
Explor. costs, delay
Net
$
taxes
1947
•
$12,024,610 $10,875,926
—
—
engineering
interest charges
for bad debts—.
Federal
renegotiation
income
168,
33,923
10,431
■
income
products sold
Refund
accrd.
with
$11,980,256 $10,866,050
equipment
Provision
•Includes
1948—9 Mos,
of
Other
75,720
for
prov.
line
permit.—V.
1948
and
property
In.terest on long-term debt
applicable
less
of
miscellaneous
and
Depreciation
Net
Earnings
1948—3 Mos.—1947
and taxes, other
taxes on |i»c
232,697
2,321,594
250,698
(charged to income in prior year)
§Prov.
Skelly Oil Co. (& Subs.)—Earnings—
exps.
58,146
3,318,529
33,279
28,746
2,687,330
tax
Divs.
Gross
262,962
2,283,556
surtax
30-inch
conditions
as
and development exps.—
Selling, general and administrative expenses—
Costs in connection with suspension of produc¬
tion of vending machines
Cost of moving plant facilities and gen- offices
____
reserve
Reversion
Mary's Hospital. Jefferson City, Mo,
-PURPOSE—To refund outstanding indebtedness on these properties
and provide a portion of the funds
necessary to complete additions
being made to the respective properties.—V. 166, p. 1523.
Costs,
&
soon
as
—
sale
on
Research,
15,195
income
on
adjusts.,
credits
lated
tax
profits
taxes
War-end
tax
income
excess
begin
Total income
Cost
30,817
58,280
charges
normal
Federal
and St.
$
19,537
100,000
Charges applic. to prior yrs. (net)_
Expenses of nonoper, properties-—
direct
for
42,062
$9,601,389 $10,400,774
184,132
121,187
187,269
70,478
other
to
sales
Interest
46,023
for
Sundry
obligation of the Sisters of
St. Mary, St. Louis, a Missouri corporation, and are further secured
by a first and refunding mortgage cn the following properties; St.
Mary's Mospital, St. Louis, Mo.; Convent of St. Mary of the Angels,
St.
Louis, Mo,
(Motherhonse and
Novitiate); St. Mary's Hospital,
Nurses' Home end School ci
Nursing, Kansas City, Mo.; St. Francis'
Hospital, Blue Island, HI,; St. Joseph's Hospital, St. Charles, Mo.;
Period End. Sept. 30—
576,764
35,712
income
on
Net
Profit
stock
preferred
construction
affected the operations of the
future development.
lines from Kirkuk
way
no
plans
Standard Products Co.—Annual Report-
Es¬
possible decline in foreign
exchange rates
the sale at 100 and interest of $2,500,000 first and refund¬
ing mortgage 2V2-3% serial bonds, dated Nov. 1, 1948,
due semi-annually May 1, 1949, through Nov. 1, 1963.
SECURITY—These
Jones
Mediterranean
the
in
new building two 16-inch
and has started work on a
is
Years Ended June 30—
87,026
Interest
Prov.
Nov. 4 announced
on
securities
of
has
their
or
Co.
1945.
p.
64,087
12,170
Sundry income
Interest
St.
of
litigation
Petroleum
actual
1,719
21,517
(net)- *
yrs.
to
of
companies
Iraq
those doubts
issues have now been settled by agreement to the
all
parties and the actions are being discontinued.
the
pending
various
to resolve
the parties.
the rights of
on
1,871
134,620
,
prior
sale
offering, the company had subscriptions for 95,604
shares, or 134% of the offering. J See also V. 168, p. 1908.
of
to
on
the
Sisters
recoveries
applic.
Profit
expiration of
84,985
30,129
foreign exchange
on
Credits
166,802
pass
satisfaction
The
$8,326,507 $10,201,581
3,963
28,737
162,529
39,200
6,989
to
Generally
49,634,118
275,921
them
one
and
1946
59,892,625
$6,451,464
accts.
investments
Royalties received
Electric Co. — Offering Oversub¬
scribed—Common stockholders have oversubscribed the
1947
Monday, November 15, 1948
High Court of Justice were brought principally
Squibb & Sons (& Subs.)—Annual Report—
administration
Profit
Pipe Line
1590.
p.
CHRONICLE
Sales, less discts., returns & allows. $74,412,837 $68,219,132 $59,835,699
•Cost of goods sold, selling, general
Net income for Shell
Pipe Line Corp. for the quarter ended Sept, 30,
1948, amounted to $575,183, compared with $707,696 for the 1947
period; lor the nine months ended Sept. 30, 1948, $2,044,952 compared
with $1,737,989
FINANCIAL
&
Fiscal Years Ended June 30—
$82,333,090 $38,676,876
Corp. in these periods.—V.
COMMERCIAL
to
was
more
at
operations
the nine
rate
of
$1.32
the
'
30,
Oil
1948
Co.
*
.
accom¬
checks in amount of approximately
holders of common stock.
The dis¬
25
cents
per
share
whether
in
$0.46
Transwestern
Aug. 2, 1946.
months ended Sept.
on
of dividend
than 32,500
the
of
328,703
(Continued
on page
53)
on -common
stoclt
*
»
,
vVolume
168 '*■ Number 4751
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
:(2015)
Stock Recoxd «» New York Stock
DAILY RANGE OF PRICES
Ranee for Previous
$ per share
66 % May
90
87 Va
Dec
43%
Jan
63% Oct
78% Oct
14
Feb
3 Vi Nov
10
1
38
Oct
45 Va Feb
11
18%
May
Oct
14% Feb
11
55
Jan
40
Nov
9
40 Va
May
30% May
Oct
28% Feb
13
793/4 Jan
100
2
May 14
6% Jan
9
•55 % Jun
100
1
10%
Feb
7y» Feb
10
Feb
20% Nov
10
27% May 15
Feb
99
NOV
10
112
Dec
Dec
75
6V4
31Va
Dec
2%
53/4
Acme
May 18
80 3/4 Jun
56
Jan
76%
Nov
69
Oct
7
27 %
Dec
48 Va
Feb
24% Feb
28
34
May 21
103% Sep
24
109
18
Apr
12%
202
30
22 Va
May
36 Va
Dec
5% May
3
xl7% Nov
Oct
25
Feb
8
Mar
96
Apr 23
113/4 Jun
198
14
May 17
21% Jan
30
4%%
42% May 27
12
98
Jan
x25
Nov
10
31% Oct 20
Feb
51
Apr
Dec
34% May
50%
Dec
11%
Dec
Apr
50Dec
80
Mar
20 >/4
31.
Jan
May
65% Dec
3
6% May 17
4Vs Nov
10
Nov
10
50
83% Feb
20
lZl
44
Jan
Nov
10
52% Jun
16
10
Mar 22
68
47% Sep 28
183/4 Mar 9
29% July 13
58% Feb
70
77%
Jan
May
17%
Feb
36
May
50
Feb
34
UOVi Nov
103
9
preferred—
American
3%%
Airlines
cum
6%
preferred
Amer
3
4%
Brake
Corp class A.
Co
Shoe
preferred--
conv
Dec
99-
166
Dec
36
May
75%
94
20
76% Feb
Sep
163% Oct
18
Jun
14
Feb
30% NOV
10
49% Jun
3
115Vi
*
Mar
Jan
85
Nov
9
100% Jan
21
28 y4
Feb
110
Feb
47 Va
Oct
56
Aug
19
Sep
26 Vi
Feb
18 Va
Dec
Dec
101 Va
Amer Cable & Radio Corp
;
American Can Co common—.
24
54%
105% July
38% Dec
American
6% Jun
196'/a
May
Va May
88
9% July 28
10
6
183/4 Mar
923/4 May 14
177
•
5
27
104 y4 Jan
28
110
3
51
May 18
15% Nov
6
20% Jun
40
May 21
24
Feb
13
22% Jun
Mar
86% Oct
14
94
48% July
Dec
Feb
102
.
33 V4 Feb
10
15
16
43
3
7%
American
5%
American
11
46
Jan
25
Feb
26
493/4 May 21
American
5
Jan
2
73/a May 20
American
13
Jun
17'/a July
14% Mar 16
19% Oct 26
16
Dec
20 Va July
Dec
63/4
Feb
14% Sep
1% Sep
27
20
19
2
Dec
12
89% Jan
3%%
9
4
14% Jun
24
12
773/4 Jan
12
U5Va
Jan
7%
Dec
25y4
Feb
74 Va
Dec
101%
Feb
July
42%
Apr
37% Jan 20
5% May
9Va
Oct
4
Nov
9
Jun
46
Jun
25
20% Feb
11
37
49
55
Jan
22%
x34y« Jan
Ju]y
6
May
,90
Apr
10 %
Nov
43 %
May 17
73/8 Jan
53
5
Jan
conv
American
$7
Export
American
Hide
conv
Ice
Jan
13
6%
Dec
I per thare
18y4 Jun
80
7%
Dec
x25% May
127
Dec
8%
Dec
28 Va
May
7
common
120% Oct
14
6% Oct
22
83/4 Jan
2
American
Feb
10
34% July
8
American
6% Feb
preferred
28
11% Jun
Feb
11
95% May 14
117%
Feb
72% Feb
21
86 % May 14
$5
Feb
12% Feb
13
16% May 21
Oct
Power
&
100-
:
;
Co„
No par
—
No par
Amer Rad & St San'y com—No par
American
American
No par*
34
Jun
42%
Oct
38
Sep
27
46
Apr
12
Amer
No par
*38
48 V2 May
70%
Dec
463/4 Feb
11
68
May 27
No par
-100
55
Dec
40
Mar
31
Dec
158
Jan
125
37
Feb
25% Feb
27
35% Jun
283/4 July
213/4 Nov
10
27
Mar 19
Nov
10
163% Jun
11
35% May 18
140
Jan
6%
American
Steel
24% Jan
5
29%
Jan
47%
Dec
146%
Feb
116% Mar 15
131% July 15
Oct
173/4 Aug 18
20% May 25
1743/4
Feb
147% Mar 17
82%
Feb
54% Mar 29
Oct
1
Dec
463/4 Feb
14
120% Aug
115% Nov
9
60
7%
Dec
8%
Dec
26 Va
Jan
50%
Oct
36% Mar 17
May
110%
Feb
95
Jun
103%
Feb
763/4 Mar 16
5% May
10%
Jan
6
Feb
Apr
56%
90
68%
62
May
69%
38%
35
51
1013/4
42
Nov
98%
400
33
9
120
Jun
10
8% Apr
22
American
56% Jujy 28
104
Jun
5%
Am
7%
2
5%
17%
16%
16%
*16%
15%
15
15%
14%
2%
2%
2
2%
61%
24
49
Jan
46% Mar
3
18% Feb 11
8
Mar 17
4% Mar
243/4 Nov
page 26.
2
12
107
Jun
11
60% Jun
14
36% Jun
16
14
20
Apr
63/4 May 26
3
343/4 Jun
16%
1,000
87%
/
*
60 %
4%
*75
23%
x22%
6%
.
6
*75
11%
12
11
*16'/a
17
17
17
17
19%
19%
20
18%
103
*100'/a
*101
4%
*47
85
12%
103
'
49 \
6%
90
12%
Monday
*16%
18%
19%
103
100%
7%
24%
5%
17
16 %
16'A
15
15
15
2,000
2
2
9,400
*
60%
7 Va
4%
4%
*47
23%
2,400
1,700
-
200
60'A
3,100
6%
*75
2,800
24%
9,900
6%
2,700
85
11%
11 %
17%
*16%
19
500
4%
49
23 Vi
,6%
85
11 Ye
3,500
17
300
18%
18%
11,500
101%
100%
13%
13%
12%
78%
78%
77%
*7 Va
7%
6%
7 Va
30%
-30%
30%
31%
1
7Vi
,■
-
30%
•
-
*126
129
7
—
7%
168
*148
*33%
*124
124
129
7
•
8%
6%
31%
31%
31%
-
30%
101 Va
200
8%
7%
12%
77%
7%
6%
6%
30%
30%
30%
*123
7%
*31
,
7%
-
126
126/
7%
31%
7%
-
84-%
87
84 Va
77
77
75%.
77%
15%
14%
15 Va
14%
15
~
*163
•
168
*163
X7
166
7%
7%
7%
25%
25%
24'/a
38 Va¬
38
39
38%
IV
se
55 %
56
52%
55%
149
♦146%
148%
34
127
148%
33 V4
*125
7
160.
7%
1,090
10,500
125
100
♦116
63%
117
7%l
5
7%
common—No par
42'/a
43
99 %
Inc
100
99
*85
$5 prior conv
*55
Cable
i
25
50
,_No par
Corp com—12.50
$4
preferred
Anderson, Clayton
& Co__.
Anderson-Prichard Oil Corp
Andes Copper Mining
Co Inc
Archer-Daniels-Midland
6'A
94
6%
57
18%
150%
x60
133 %
18%
19
151%
150%
14%
37%
126
14%
36%
14%
36%
122
18%
18
18
151%
150
60%
58%
60%
58
134%
153%
133%
133
,
150
34
600
28 Va
20
14
,28%
6,500
22%
22
1,500
14
37
500
37 Vi
1,500
100
122
18%
*18
150 Va
,
150%
58%
133%
133%
59
64
60%
64
60%
62%
62%
63 Va
*116%
117
115%
117
116%
116%
116%
116%
7%
7
7 Va
7%
7%
V/b
7%
42%
43 Va
40%
42%
97%
97%
*96%
99
*96%
98%
*96 V4
98%
94
*85
94
*80
94
*80
,
700
36.600
59 »A
133%
63%
7
2,200
126
*120%
150%
24%
145
33%
33%
125
*120
%
145
147
22%
121
7,600
53 V4
*33
36%
7'A
52%
33
121
166 Va
53%
127
*14%
6%
51 %
33
14%
*164%
1,600
39%
*125
37%
34,200
39
145
125 Va
15 yB
39
28%
14%
2,200
14%"
38 Vi
21%
37%
34,500
76%
24
28
*120
8
86
24 Va
22%
15
7%
500
76
ARMISTICE
DAY
29%
*14%
30
1,000
.31%
23%
148
33%
127
♦163
*
7
31%
CLOSED
100
1,000
2,500
126
7
STOCK
85
79%
25 Va
7%
'
EXCHANGE
11,300
'<*
35
89
15
-
Sharee
13 Va
77%
30%
7%
8 %
13
77%
*7
31
Bales far
the Week
f per there
12%
78
89
•
Friday
Nov.; 18
Nov. 11
tper share
77%
13%
126
Thursday
j
t
79%
•
1
Nov. 10
I per share
22%
100
Co
54%
49
Wednesday
Nov. 9
I per share
1 per share
13%
-
Tuesday
Nov. X
79
63 Va
Products
31%
5%
2
2
wUt
30%
5%
28
preferred.
P W
16
*86%
31%
29%
Amer
A
23%
6%
6%
12%
Viscose Corp common—14
Anchor Hock Glass
9
*47
23%
23 %
*80
62
5
Sep
*5%
62
4
4%
4%
134
38% Jan
98
61
7%
*47
151'/a
&
•
62%
7%
6%
61%
Works
30%
5%'
15%
150%
Woolen
31%
5%
*16%
90
*163
$4 conv prior preference—No par
Zinc Lead & Smelt com
1
112% July 28
83/4 Jun
Water
30
33%
100
23
preferred
American
98%
5%
*133 V4
13
98%
25
25% Oct
Oct
97 Va
100
Wire
see
97%
101
*98
29
common
Anaconda
39%
11,000
23
preferred
2
Apr ■*
38%
18%
45% Jun
Feb
38
16%
29 V4
Tobacco
10
6%
87%
37%
18%
Tobacco
20
16%
5
Sumatra
Feb
16
For footnotes
71% July
500
36%
23%
American Tel & Tel Co
American
6%
1,500
16%
'
*86%
37 'A
30
*
15%
41 'A
15%
40
15%
16%
125 V8
Dec
Dec
40
15%
87%
37'A
preferred
Copper Mining
583/4 July
30
5
American
9
3,500
-
37%
*117%
Anaconda
24%
Dec
17
10
Mar
300
21 %
108 Va
16%
100
67
May 19
41% May 27
Jan
40
15%
29
No par
4
Apr
Jun
21
68% Jan
144
*
107 %
36%
Refg common—100
11
1113/4 Mar
40
16%
23
preferred
Nov
14%
9%
Jan
11
158% Jun
20%
*
470
5,200
87 Va
41%
41%
No par
American Stove Co
American Sugar
7%
22%
108%
_No par
Co
30% Feb
Mar
46%
3%
Feb
May 21
100
Foundries
Jan
30% May
36 Va Dec
Nov
7
41
25
coin
preferred
Stores
Jun
131
Snuff Co
non-cum
American
May
18
preferred
9
May
5
Refg common
22
34
13
&
Apr
21
13% Oct
100
Safety Razor
Seating Co
Ship Building Co
American
26
116
34% Feb
preferred
Smelt
7%
*107
*82
*86%
15
9
Mar 10
21%
i
.
107 *
4,800
31%
16%
14%
25
139
23
■
11,400
169
31%
88
*80
3%
80»A
80
168
31%
22,800
38%
80
Oct
July
22
107
79%
30%
1,300
8%
:
87%
8%
28
41% May
X116% Oct
22%
108
41
88 Va
12% Jan
1633/4 July
86 Va
3%
4,900
103
7%
16%
88%
3
Apr
85
3%
166
166
33
-
37%
79%.
-
14
172
79
166
31%
89
*15%
23%
.
31 'A
12
Am
3%
7%
*86%
8%
Light com—No par
preferred
7%
6%
.
80%
79
166
33%
22%
4%
*7
*
6% Nov
Dec
80%
*107
«
103%
165
*86
49
*126
1
No par
:
16% Feb
62
3%
8
30
162% Nov
135
103
3%
61%
7'A
Feb
1493/4 Jun
103%
6%
103%
6%
103
6%
3%
2%
13%
Feb
20
103%
C%
3%
15%
*77%
16%
Oct
34
f per share
223/4
18 Va
10%
34
Nov. «
9% Aug
25% May
23 % Jun
10%
34%
Saturday
*
15 % May
32
10%
34
LOW AND HIGH SALE PRICES
Co_
$6 preferred
136 Va
10%
35 Va
17%
*98
STOCK
Molasses
News
81
Dec
12
34
5%
*6%
Metal Co Ltd com-No par
Feb
27
60
2,900
107/a
103 %
'
32%
*80
100
American
Jan
61 Va
12%
6%
3%
100%
19%
3ft
176
3,600
61 Va
i
17%
23%
,
1
10% May 27
Amer
62
35%
38%'
4%
1
11
24
*61%
87%
12%
17
6% Feb
6%
62%
35%
23%
*47
1
Feb
6
2,900
22 »A
-
6,900
Amer Mach & Fdy Co com—No par-3.90%
preferred
:
100
Amer Machine & Metals^
No par
135% July
49%
22 Va
38
213/4 May 24
943/4 Jun 10
29
*61%
*
38
9
9
X49
\
38
9
July
t.
38
12% Nov
9
6%
49%
22%
38
773/4 tfov
24% Mar
6%
48%
22
'
38%
Sep
Feb
142
1
6%
■;
12
105
61%
Par
163/4
186
12%
35%
7%
38%
t perthare
129%
Dec
,
STOCKS
Dec
•
61
2
50
EXCHANGE
Dec
170
61
.63
15%
com—_No par
NEW YORK
Lowest
Dec
17
23
6%
38%
preferred
85
-
50 Va
22%
38%
Products
Co
76%
113% May
50
23%
,—10
Jan
Feb
46,000
7VB
50%
2,300
Locomotive
Feb
63A
6%
49%
22%
100
7%
Investment Co 01 111
39%
2,600
51%
American
14%
-
37%
49
3
32% July
147
July
36%
•
7%
263/4 Jun
153/4
1,400
51%
9
101
4'A
7%
18% Nov
95% Feb
28 3/,
Dec
4 Va
51%
Feb
$ per share
4%
7%
American
8 per share
Va
52%
38%
14
.
4
7 Vb
24
Range since Jan. 1 '
Highest
4%
51%
Jun
Highest
4%
*44
600
2,800
;
53
19
Year 1947
*
26
52%
15% Jun
7%
25%
51 %
5
9
25%
7%
11
Jun
x25
51%
13% Jan
108
27%
16,000
No par
10% Feb
27
26%
83%
No par
Oct
Jan
81
■
36%
*17
par
Nov
116
30 Va
81
36
*5%
non-cum
Range for Previous
Lowest
31%
40c
30%
18% May.
30%
83%
29
83
38
6%
*99
preferred
—1100
American Interdational Corp_No par
13
*80
29%
86
36%
17
Leather com——1
&
Home
92
83%
30%
38%
37%'
No par
Inc
preferred—
American
10
16
*83
300
38%
*86%
No par
American
Nov
Apr
Lines
preferred A
8% May 21
6
88
13,200
i
22%
1
preferred
263/4 May 20
Jan
31 Va
4,100
15%'
Foreign Power com—No
$7 2nd
6%
800
30%
46
40
20
$6 preferred
1
American Hawaiian ss Co
5
28%
95
15%
preferred series A_100
American European Secur
Amer &
*28%
30%
94
40
14Va
May
102
63/4 Mar
106 Va Mar
9% May
12
54% Nov
49
Apr 15
4% May 15
28 %
*44
108
Encaustic Tiling—
6 3/4
28
30%
83%
19
44
*107
Distilling Co
Feb
3% May
1,600
*17%
"
94% Feb
3
1,100
18%
93
No par
Oct
107% Jun
8%
181
44
88
10
95
*8%
180
92
88
100
500
48
32%
-10 •'
*91
8%
200
7,100
103%
97%
79 %
—
71
27
26%
103%
85 '
4%
164%
American
6,400
92%
33%
10
27,800
30%
48
79%
Crystal Sugar com_
prior preferred
Cyanamid Co com
4%%
4%
*45
164%
Co
2%
50%
*69
104
180
*17%
110
69
27/a
50%
28 Vi
33
/
69
3
50%
98%
79%
,
2,600
87
28
"164
25
American
25
Oct
*81
15%
31%
30%
No par
Co
Colortype
83%
*81
100
Cable——No par
&
31%
No par
preferred!
Chicle
29
30
22%
6%
3%
•;
—100.
Chain
non-cum
American
1
1
—i_——
preferred
16
Jun
Inc
«,118%
25 Va May
86
preferred
Co
American Car & Fdry com
Aug 23
Nov
7%
Broadcasting
*28%
.49%
12%
35%
*103%
100
1
21
3% Nov
29
31%
60
6,000
15 Va
15%
.38%
*61
1
18%
26,800
2%
97%
6%
No par
com—
*17%
21
101 Va
2%
95
8%
180
17,600
*93%
DAY
26%
*94
8%
181
17%
*86%
,
48
22%
50
95
8%
180
17%
20%
ARMISTICE
3
70%
26
103%
100
2,600
99%
49
10
27
105
*94
9
*69
70%
26%
31
28
4%
*45
-1
common
—•
Bosch
"
Feb
1
10C'
prefer red __i
6'A Sep
~7%
3% May
28
4%
par
—50
common
conv
American Bank Note
43% May 15
Jun
87
*69
29
,
30%
87
2%
*9%
7,900
31 Va
16%
70
*68
3%
182%
Xl7%
83%
30%
38 %
May 19
111
*81%
10C'
Amer
Nov
3
—100
Mfg common_No par
98
American
Nov
28%
31%
31%
Petroleum Corp
No par'
Agricultural Chemical_No par
14% May 14
9
28%
par
70
51 %
98
9
181
18
preferred
convertible
93/4 Mar 17
r
18
Amerada
Mar 22
9
8%
182
15%
17%
4u
,1
31
21%
2%
105
STOCK
99
2%
49%
70 %
'17%
42
20%
15%
*68
106%
*94
98
8%
182
15%
17%
99
3
9ft
27
*105
*94
Alpha Portland Cement—No
Amalgamated Leather Co com
6%
27%
21%
104
3
3%
69
71
17%
*38%
51%
3
51%
106%
26%
No par
21%
*99
3%
68
*67
par
_1
Corp coinmon__No
conv
CLOSED
68
No par
preferred
3%%
2
May 21
6 Vb Oct
36
9
Dec
Jun
17%
67
5
Allis-Chalmers
12
4%
16%
3%
Co
Allied Stores
Nov
107
Kid
18%
15%
gtd__100
Allied Mills Co Inc
Nov
Jan
Allied
16%
22
15%
*105
Dye
343/4 May 20
81
Mar
Chemical &
18%
21%
513/8
Industries Inc
Allied
EXCHANGE
15%
No par
Allegheny & West Ry 6%
Allen
37 Vb May 15
91
Jun
3
29
73
preferred
2,400
31%
67
preferred-No par
conv
conv
11
Oct
46
prior
$4.50
49 Va
31
15%
3
49 Va
18 %
101
20
49%
49
3,500
33
3
1,600
3%
40
101
51
67
84
'.3%
17%
•
Shares
3%
17%
3
100
Allegheny Ludlum Steel Corp_Ncf
18%
50
66
*78%
84
for
the Week
S per thare
66 Vi
40
105
100
A
49Vs.
3%
31%
3
l—1
common
preferred
3%
41%
*101
5
3%
Sales
Nov. 12
# per share
32 %
31%
10
preferred
Mar 24
81
18
*40
100
common
8
Oct
8y4
Vicksburg Ry
Gold Mining
Allegheny Corp
$2.50
35
i
&
5%%
99%
2478 May
107%
2
20
Mar
18
43
21%
23
42%
Jun
7
8% Sep
28
105 Va July
Ye May.
91
Feb
Mar
90
xl71
39V< Mar
Jan
90
Nov
Nov
May
29 V*
30
104
Dec
17%
*40
21%
Alabama
May 24
Nov
50%
17%
May 13
75
50%
17%
2
43/8 May 15
58% Oct
50V2
1
Inc
Inc
5
*78%
No par
Corp
Reduction
Aldens
10
65%
84
Air
213/4 May 21
Nov
€6
Admiral
Jan
23/4 Mar 15
65%
*78%
3%
1
Juneau
65
68
81
3%'
Friday
Nov. 11
$ per share
67%
*50%
No par
$ per share
81
3%
Thursday
Nov. 10
85
32
Alaska
Feb
May
Co
PRICES
Wednesday
Nov. 9
67%
31%
4% May 20
37
10 Va
Express
HIGH SALE
Tuesday
$ per share
3%
•
Addressograph-Multigraph Corp—lo
10
Feb
67%
*80
:._2.50
10
26
44
90%
No par
com
Co
Co
23/4 Nov
25 V'4 May
164
Steel
143/4 Feb
Feb
Nov. 8
I per share
No par
Motors
Feb
1023/4 Aug
May
108
Monday
Nov. 6
Adams-Mills Corp
27
38%
Nov
Saturday
& Straus
ACF-Brill
46% Jan
Dec
3%
Abbott Laboratories
Abraham
Adams
41%. July 27
19 % Nov
5
16 %
LOW AND
STOCK
Par
23% May 15
May
6
25 Va
YORK
EXCHANGE
$ per share
t per share
60
Apr
13 Vb
10%
NEW
Highest
July
110
Jun
5%
Range since Jan. 1
Lowest
Htfhest
t perthare
FOR EVERY EJSTEO ISSUE
STOCKS
Year 1947
Exchange
WEEKLY VOLUME OF TMDMC
YEARLY RANGE OF SALE
Lowest
15
9,300
670
5
6,100
190
8,700
94
*85
6%
*55
40 Va
6 Va
6 Va
*55 Va
6%
58*
6%
57%
*55 Va
40%
41
6V4
6
Va
♦55 Va
58
41
6'A
13,900
300
4,700
57
34%
35
34%
35%
33%
347/a
33
33%
33%
33%
33%
34
33%
34%
33
34:%
30%
32%
31 y«
32%
1,950
27
27
26%
26%
26%
26%
25%
25%
25'A
25%
1,800
101.
*100%
101%
101 Ye
40
50%
50%
1,100
23
12,300
10
200
No par
*100Ve
21%
51%
51'A
*51
101
52%
*
100 Vb
101
101
101
50%
51
51
51
lo
23%
24
23%
24
22%
20
*9
10
*9
10
9%
5
*4%
4%
No par
26 Va
26 %
*4%
26
4%
*4%
26 y4
x25%
24
9%
4%
26
'
22%
23
22%
*9
10
*8%
4%
4%
4%
25%
25%
24%
4%
24%"
34,900
200
1,800
'i
COMMERCIAL
THE
(2016)
16
YORK
NEW
for prevlota*
4 per
4 pershare
90
109% Feb
15% Oct
99
May
9% May
103
k25
37% Feb
24% May
130%
Dec
101 % Jun
17
77% Sep
Jan
106
30
Jan
9
38%
Jun
55
Jan
41% Feb
10
56% Jun
11
91%
Dec
110
Feb
88
Jan
29
99% Jun
14
103
Nov
9
14
Sep
19
Jan
Feb
5
14
Feb '
20%
99
Dec
132%
99
Dec
134
Feb
25
Dec
34
Sep
66
May
99
Jan
84
Feb
x98
Dec
112
Feb
96
Mar
10% May
40% May
23% Jun
34%
111
94
Mar 12
106
26
Jan
Feb
July
35
5'
11
120% Sep
3
107% Jun
24
24
62
45
Feb
25% Jan
2
5%
Atlantic
July 14
Line
Coast
RR
48% Nov
1
Mar
66
Sep
10
78% Mar
5
31%
Apr
40
Dec
30
Feb
21
50% July 12
102
Feb
9
105
Nov
113% Sep
91
Dec
105
Aug
91
Feb
26% July
20
Feb
11
57
Apr
73
July
48% Aug 27
Dec
121
111%
99
Oct
18% Feb
13
Dec
17% Dec
29%
Jan
15%
27%
Jan
Dec
f
7% Nov
Xll
Nov
19
9
4 7c
conv
20
Atlas
Tack
Conv
16% May 21
10
19
Jan
8
Feb
35% Jan 22
Co
to
81
79
79%
45%
47%
44
46 »/a
94%
*93%
95
94%
94%
.16% Jun
3
Babbitt
17% Jun
3
Baldwin
107
107
103
15%
14%
14%
—
15%
15Va
<«
101
101
99%
99
99
14%
*s6
29%
29%
•
31,300
26,900
102
95
104
105%
98%
102%
100 V4
98 Va
104 %
102
102 :"4
15%
15
55
.55%
51
54%
43
42
42%
41
42
74
*65
67 Va
•65%
40%
37%
15%
54
54%
42%
•CO
39%
107%
39%
39%
107%
40
80
95
95
30 Va
30 Va
2,900
21,500
100
101%
101
101 Vit
•
14%
48%
43%
X43
38
40 %
38
41%
75
71
71
38 Va-
37 Va
38 %
•68%
37%
106
106
2.200
15
14%
49 Va
39%
-10G
2.700
7,500
101%
<14%
72
107%
107
13%.
14%
102
101
101
101
15Va
15%
400
15 Va
14 Va
DAY
120
28.0
104
*13%
ARMISTICE
29
102%
15%
3,700
14 %
-93
•28
105%
103.
"102
13%
14Va
29
•
1,300
46 V4
94V4
101
*
CLOSED
102
98
28
EXCHANGE
15
•100
80
45%
94%
80
STOCK
,
103%
14 %
xl3%
13%
11%
%
*100
29%
28%
103
15
14 Va
14%
14%
15%
-
105
103
16
*14%
103
•99
.
106
107
3,100
3.000
1
7,900
100
15,700
310
107
93
92%
92%
92
92
92
93%
92
20%
20%
21 Vs
20%
20%
20
20 Va
20
20
5,300
58
•
93%
20%
100
59
57 Va
58
55 Va
5 6%
54%
55
54%
56
1,020
•101%
103
101 %
101 %
•20
5%
No-par
•13%
14%
—-5c
8%
5%
12%
12%
8%
8
8%
*12%
12%
7
44
100
5%
1,700
13%
200
8%
8%
8
3,100
11%
11%
1,300
6%
6%
6%
6%
44,300
41%
41%
41 Va
*41%
13%
13 Va¬
il %
*11
12%
7
6%
*42%
44
23%
13%
14
7%
130
101 Va
*5Ve
*20
5%
*13
570
93%
101%
20
5%
*8%
12%
•3%
41%
14
6%
•42%
"5%
13%
*13
12
6%
X20
21
5%
5%
8%
12
101Va-
*20
21
*20
5%
101 %
101%
101%
21
No par
—T—
'
150
3
7%
48%
14%
No par
common
93
8
.7%
81%
82
14%
Mfg Corp (The) common—3
$2.25 conv preferred
No par
2
8%
47 Va
Automatic Canteen Co of Amer—-5
Jun
46
7%
81%
Avco
7% Oct 26
8%
*94 Va
5
prior pfd ($1.20)
Autocar
10
19% Jan
8%
94%
No par
preferred
Corp
Nichols
Austin
9% May 21
4% Feb 26
49
36% Dec
16
Jan
10
7% Feb
4% May
Atlas Corp —
Atlas Powder common
8'A
Shares
25%
93 Va
26
93
25%
93
•100%
ncn-cum
24% Jaft
114
5% Nov 10
12% Nov
9
Feb
8
64 % Apr
Sep 27
20
12%
5% May
July
27% Jan
22% Mar
Jun
25% May 21
X25
94%
15
100
._25
4%
conv preierred series A—100
Preferred $3.73 series B—,—100
May 22
99
9
21% May
114
27%
•94%
103
preferred
Atlantic Refining common
57c
25%
93%
48 %
Atl G & W I SS Lines common—1
77
,27%
93%
4774
No par
Jan
27 Va
•94%
10
—
27%
93%
•81
100
preferred
non-eum
A T F Inc
62
6
the Week
I per share
4 per share
$ per share
share
8%
Topeka & Santa Fe com—100
Atch
3
19% Jun
Feb
Feb
9
11
Jun
11
14% Feb
18% Feb
59
16
100
Feb
Sales- for
'
—No par
—No par
Arnold Constable Corp
,—5
Artloom Carpet Co Inc
—No par
Associated Dry Goods common—1
6% 1st preferred
100
7% 2nd preferred
-—100
Associates Investment Co——10
19
12% Mar 16
Dec
13%
Nov. 11
21 %
preferred
$4 preferred conv
17% Aug
9
May 27
May 10
12% Mar 12
17% Feb
10% May
$ per
Nov. 10
9
.
93%
$3.75
115% July 12
18% Jun
2
4 per share
I pefshare
Armco Steel Corp com10
4%% conv preferred—
100
Armour & Co of Illinois com
5
$6 conv prior preferred
No par
Armstrong Cork Co com—No par
25
Nov
Nov. 8
Nov. 6
Par
15% May 19
7% Nov 10
Friday
Nov. 12
Wednesday
Tuesday
'
32% Oct 23
Nov lo
Feb
LOW AND HIGH SALE >RICES
Monday
EXCHANGE
'* per share
Sper share
shaft
Monday," November 15, 1948
RECORD
STOCK
NEW YORK
Range since Jan. X
Highest
Lowest
Highest
STOCK
STOCKS
.
Year 194?
Lowest
CHRONICLE
FINANCIAL
&
11%
I'
200
43
B
16
May
24% Feb
Dec
13
13% Feb
11
7% May
11% May
16%
Feb
12% Feb 27
10
Mar 16
25%
Feb
15% Feb
11
29% July 14
47f>
9% May
16%
Feb
13% Feb
10
31% Jun 22
Bangor
69
Feb
Feb
11
80% May 12
13% Dec
,
60
.
Jan
j60
42% Dec
55% Jan
18
May
45% Dec
28% July
54 % .Jan
37
20%
39%
ilDeC
31
Feb
11
19%
Feb
9
Nov
10
8%
Apr
Dec
24% Nov
18
Jun
35%
Dec
83%
Dec
110% Jan
17%
Dec
20% Aug
96%
Dec
62
108%
Feb
12
Dec
Feb
39% Mar
30% Jun
12% May
18%
Oct
10% May
16% May
18%
Jan
24% Jan
Dec
106% Aug
May
17% Sep
21% May
95
&8
77%
13
43% May 15
17
90
16% Mar 10
-Nov
2
Feb
-
.22% May
100
Jan
9
8% Jan
11
30
Jan
8
8
9
15% Apr
16
Brothers
Bath
•
Cigars
3%%
Beech
.24% Jan
2
Bell
15
Backing
25
17
37% May 27
Jan
Feb
125
39% Oct
Mar IB
Sep 27
18% Jan
22
139% July 14
37% May 15
9% Sep 29
14% Jan
t per share
28
Feb
Feb
4 per
11
xl3
11
14
18% Dec
41% July
24% Oct
13% Nov
5
32% Mar 15
19% Nov
*44% July 8
29% Apr 16
10
10
59
Feb
24% Nov
116
,Jan
62% Nov 12
"96
Jan
12
Dec
67
Jan
31% Nov
3
51
Jan
19
18
3
27% May 15
44% Jun
9
35% Feb
49%
Jan
38
Nov
Feb
J7% May 18
24
55
Oct
42% Feb 11
102
Bep
88
66% July 13
-
6% Feb
Jan
2
39% Feb
7
Dec
13% Feb
6% Nov 10
81
Dec
96
96
1% Aug 26
33% Mar 18
Jan
Cum
Best & Co
Best
Bethlehem
7%
40
„
42
Noyai2
•11% May 15
28% Feb
15% Mar 16
36% Jan
27
Apr
92% Oct
9-% Nov-
106% Apr
27% Feb
20% Dec
13}
20% Nov
ji May
12~5~
14
120
Feb
8
May
69
Dec
86% Feb
25% May*
37% Nov
14%
Dfec
102%
Apr
'
99
65
20
ft-Oct 30
■
124% July 2
11% May 15
Mar 30
75
July 12
40
Jun
78 % Aug 11
23%
Feb
14% Nov
38% Feb
29% Feb
14
80
Dec
.,104% Feb
80
May
84
Jun
100
.
16%
Dec
Dec.
3
Dec
6
13% May
22%
94% May
19
Jan
104
May
33
14%
15%
*14%
13%
12
13
12%
17
Xl6%
16%
97%
*'93
97%
16%
17%
*95
97%
30%
Bliss
(E
18
100
Jun
3
88
Jan
6
*17% jun
3
79% Feb
26
77
13
13
7% Nov 10
Mar 16
10% July
108
Feb
2'% Mar 17
16
98% Jan
15
23% Feb
11
Mar 17
17
2
89
Sep 27
Oct
1
Sep
15 % Jun
9% Mar 16
76
33%
33
15%
*15 Va
15%
1,100
12%
33
-
12 Va
12%
2,400
17
1,200
-
Bond
B
Borden
Cp
13
12 Va
12%
21%
21V'a
21%
70%
70%
71
71
*87
'
*71
75
*71%
75
*70%
75
*92
96
*93
96
92 Va
93
25%
25 %
*25 Va
26%
25%
25%
25 Va
.
1
29%
29%
29'/a
26%
29
26
'
v.
26%
,
„
23%
30%
30%
10%
10 Va
10 Va
33%
10%
35%
33%
134%
134%
30%
35%
35%
34%
136
135
135
93
134%
.,34%
*134%
30
31%
10
10 Va
34
3%%
Saturday
1
I"
•
.
,
9%
Tuesday
Monday
Nov. 8
Nov. 6
1 per share
33 Va
J'
,
*134Vi
9,800
.
,34%
80,600
137
*29!i
500
29%
4,100
10
*9%
Wednesday
Nov. 0
•
Nov. 10
Thursday
•
Nov. 11
•"■
>
'$ per share
Sper share
per share
31
30%
30%
*30 u"
30%
15%
15%
15%
14%
.15 Va
—1
11%
11%
11%
11%
11
11%
10%
1,500
2«50
*13%
14 «/a
*13%
14%
13 %
13%
13%
13%
*40
45
**40
45
No par
——
5
,26 V8
19%
'4 per Share
t per
56%
*36%
37 %
7%
7%
,
,
'7
20%
*40
8%
42
9%
,29%
30% V
28%
29%
28
,27
28
95
*92
9%
Va
'40
*
'
*92%
26
8Va
94
*92%
.
A
v
20%
21
15% "'
15
26%;
7,500
•
1,800
2,600
,
95;
..19Va.
.
•
94
21%
5,500
,
'
.9%
•31
31%'..
8,000
29%
27%. 28
19%
9%
41
.*93
*30
5,700
29 Va
95
19%
10
31%
.
700
6%
•■'■8'
■
,29%
28%
26%
1,700
«
35
'40
*
10,600
2%
.t6%
♦
.8%'
29 Va
x26'Vs
95
9%
10
32%
*31%
■
90
2%
35
6%
27 Va
19%' "20%
20! 2
20 Va
,32%
,54
,
35%,
8 Va
30%
10
*31%
5,000
•
'
__
41%'
-
2%
35'/a
,6%
8%
8%
,
;
28
20%
-40%
53%
DAY
89
40
7%
'
29%
*92'/a
.6,700
18%
54%
2%
36 Va
35 Va,
,
7%
52 Va
*87%
30 Va
95
790
18%
*87%
41%
2%
29%
28%
510
64
32 Va
ARMISTICE
40%
'
*92%
'
41%
2%
43
8%
-
30%
,29
28
15
-
*40
8%
87B
29
Co common—*—2.50
3%r% preferred ———100
Brooklyn Union Gas
No par
Brown & Bigelow
1
common
4A
41
35%
7%
3,200
62%
32
19
18 V»
12,400
'
2%
35%
26
CLOSED
90
2%
•25
EXCHANGE
64 Va
21%
32%
.52%
*"87%
30 %
25%
64
19%
300
"20 Vt
.31%
*87%
55%
90
2%
.
33
90
;56%
*2%
44
STOCK,
-
65
56%
56
*86
'
24%
26%
7,100
14
*39
32%
18%
41%
41%
*40
'
4,800
10%
*13%
•
20%
2.000
10%
•
45
19%
Sharei
sharer.
14 Va -,.T4%
-
64'%
•
19%
41%
19.
5
2.50
26
.
66 Va
-100
—'
26 Va
*40
for
the Week
*29':' .'30
30%
.14%
22%
20%
33 Va
19%
41%
15
23
,33
32%
45
*40
65
66%
32
.1
common-—*
—
22%
26 %
26%
*65%
No par
—
23 '/a
22%
30
xl3%
•
Sales
Friday
Nov,,12
,
11
_
Inc
27%
10
15%
Inc,
Co
1.200
Va
31
No par'
(The)—
Shoe
300
26
26%
-
29%
_No par
Boston <&,Maine RR (assented)_100
Bower Roller Bearing CO—_
5
BroWn
200
92
LOW AND HIGH SALE PRICES
Inc—
Braniff Airways
6,200
2,600
.
'
No par
,
preferred
15,000
.
25 Va
134%
29
31%
'
'
25%
29
*90
"
.
1
—-100
Brothers—
Borg-Wkrner Corp
30%
12%
21%
.
.
Stores
97%
Va
Boeing Airplane Co
Bohn Aluminum & Brass.,.,
;
5
Bon Ami Co class. A
No par
Class
.900
13
new common
Bliss & Laughlln Inc
Blbomingdale
.17
*93
"
31%"
30%
32
2,300
33
22%
W) Co
Bucyrus-Erie Co
Rights
7%
$5
;
(The), Co
9
Jan
4% May 18
27%* July 14
105
July 9
35% Jun 16
*
preferred
*120%
8%
Corp 3.60%
33%
pfd—100
*80%
4%
Inc.*
15%
>
-
lO'ft.
1
9 Va
,
5,300
„
'9%
-31>
5,900
200
31
*92%
■,
94
.
1
*120%
'9%
8Va
*120 Vt
69
69
*69
33
34
§0%
80%
81%
V2
'
14%
39
19%
88
.85%
.
14%
.7%
80
15
,
14 Va
,37%
,39
19%
,18
82%-
*14Va
,
:
■
•
'
-
15 Va
37 Va
37%
1,9%
17%
18%
86
*79%
86
79 Va
*75
80
*75
80
*75
13%
8
.7%
102
14 %
15
'
•
*82
103
8
,7%
100
*86
88
14%
7%
„
.
87
80
80
80
14
.
7%
—No par
7Va
97
96
98
10%
10
10%
82%
<82%
83%
82
83
8lVa
82
3%
3%
22%
3
22
,22%
100%
101
101
27%
26
3
20 Va
Too
27
.
25
,
25%
■
>
'
10
81%
3
3
3
22
100
?3
<
21%
20 Va
100%
20%
100 Vi-
25
*99
1
'■
26
,
18,400
'
l66
1
14 Va
13%
10%
22
18 Va
*75
1,200
700
38
80
10%
100
*26%
400
88
10%
3
5
17C
1,100
:82%
14 Va
82
7Va
.
31 Va
*86
-10%
103
15,100
69%
,
17%
-
82%
—100'
14%
*37%
—
10%
.
126,600
9
31%
38
*79
14%
ft
122
X69
33
*86
15
18,100
8Ti
69%
•
88
.•86
15 Va
1/128
8%
X32
81%
'2,606
: "21
*120 Va
122
8%
9%
70
*80%
21
15
ft
122
34
81%
y
■
ft
Ill
122
.
*
.)
70
*101% 103%
Byers Co'(A M) Common
..No par
7% participating preferred_A_100i
Byron Jackson Co
15
34
19%
*75
1
J.
21
34
14%
*79
Bush Term Bldg 7% preferred—100
Bros common—*
*—15
Butte
9'/a
.
38
*86
Butler
preferred
Copper & Zinc—
•
%
Va
*120%
»
122
141%
3%% conv 2nd preferred.,
3%% preferred 1—
*
Burroughs Adding Machine—No par
4%%
%
9%
.
•
15%
19%
100
100
100-
Bush Terminal .—1———
35%
'
38
No par"
—*—5
:
21
'
Corp "common—1
preferred
21
*.70
:_l
L-„
Watch Co
70
No par
Buffalo Forge Co.————
Buff Niag El
Bullard Co
15%
100
*92%
.
"
21 Va
>No par
common
1
1
94
*92%
•.
15%
ft
5
common
94
21
No par
preferred
Budd
*92%
!Nopar
$3.60 preferred
Brunswick-BalkerCollender
Burlington Mills
Jun
79
Va
50
10 Vi
10%
*30%
32%
13
Par
Bulova
97
Mar 31
Apr
12% Feb
10%
33
21%
>32
No par
—
Black 6s Decker Mfg Co
Blaw-Knox Co
'
1
81
Jan
27% Oct
33
16%
No par
com
Blgelow-Sanford Carpet
Birmingham Electric Co
3
24% Jun
24
% Feb
108% Jan
r
15
21% May
Jun
s43%
16% Mar 16
Dec
88
Jun
Jan
10
May
79
Mar
95%1 Jan
15
'90% JUn 21
6
May
May
12% May
1
31% Nov 12
14% May
Feb
•
24% May 17
Sep 28
Feb
5
Aug 11
'23% Nov
9
26
22%
33%
10 Va
*30%
'
17% Feb
Dec
9
*2
33% Aug
13
ffov
Jim
*23 % Sep 17:
12 % July 26
9
Feb 26
'80% Feb
15
9
101% Apr 27
4
1/128 Nov 12
Jan
31%
Bristol-Myers
109%
10%
33
50
79
*77
22 Va
*37%
12
80
32%
26
Nov
x80
13%
63
Jan
80
1,400
2.200
13%
.34% May 18
Dec
6
25
36% Jun
19
21%
25% Mar 16
8
18 Va
31%
X27% Mar 17
Feb
15%
11
Jun
18%
13%
Feb
40%
25% Jun
72
5% May 15
10
Nov
Dec
l4
May 24
10% May 18
71
Feb 10
90
80
(Del)
Xl8%
21%
—
——
Steel
19 %
1.J00
13%
—_
preferred
81 Va
21%
1
Foods l
.18
22
*30%
17'/a
'
17%
80 Va
-10%
*95
97%
10,300
31%
10%
17%
30
12,900
12
10
Ercwing Corp of America
_15
Bridgeport Bras$ Co
l—JLNo par
Briggs Manufacturing
*Nopar.
Briggs ,& Stratton_—
:No par
48%
Dec
17%
*95
39%
36%
18%
*33
.
i'
33%c
;
com
31% Feb
9% Dec
.
Loan
13%
',
35%
11V2
'
■
Sl'/a
*13
33%
-
70
32
33
10%
33
400
Va
*30%
10%
,
1,900
22%
*21%
V
39 %
16
10%
—-—100
share
Dec
30
May
23% May
30% Nov
E0
*80
■■
-
■
.
45%
May
82
EXCHANGE
69
Dec
18%
NEW YORK STOCK
36% July 15
19% May 18
14% Sep
2
17% May 15
'
3% May
19 Va
10
common
Appliances
Indus
Highest
10% Nov 10
May
38% May
37% May
18%
*18
STOCKS
Lowest
$ per share
36
Jan
x20% Feb
25
18%
*31
pfd $3.25 ser of 1946-Nopar
pfd $4 div ser of 1948_No par
Range since Jan. !
1947
Highest
28% May
14% May
29% Nov
31
81
22
17%
33%
81'a
13%
Bendix
102%. July 23
30% May 24
May
18%
33
€lVa
82
42%
11%
18%
Bendlx Aviation ——L— 5
5
36%
9
81
15%
2
14
40
X35V4
10%
34
33%
9
23% Feb
*39%
37 Va
0%
18 Va
1
38% jun
Cum
41
36
81
V
;21% Jan
3
*39 %
72
42
43%
21%
33%
10
preferred
Home
41
*42
18%
i—1
1
Howell .Co
Beneficial
23
a
83
*80
71
•22
34
18%
50
Co_,
72
72
22%
*80%
-
pfd—100
—
74
43!
45%
45%
22%
'
*33%
par
25
—_100
_2.5o
11
70% Nov
92% Nov
Dec
May
12% May
120
No
21
26% July 9
87% Mar 10
*72
75
45 %
10%
103% Jun
3
1,700
*73
45%
7%
99
TOVa
82
15.600
4,300
380
*4,500
1.240
3Va
1,100
21 Vi
4,000
I
toi
,..25%
25%
34%
34V>i
150
800
1
!
24%
Apr
51% Dec
•
34%
X55
1% Dec
Dec
18
Dec
9% May,
33% Nov
52
8% Feb
34% Oct
17% Feb
Dec
38
27"% Mar 17
Jan
3% Feb
; 6 % May
21% May
12% May
110
Dec
132
-
48%
Feb
Feb
Jan
1% Mar 12
5% Nov
9
24% Nov
6
9% Nov 10
101% Nov
4
38% Feb
11
25% Feb
14 % Mar 16
15%
10
Mar
4
38
Mar
1
Feb
471% Dec
For
9K
,40% JUP 15
5
54% Sep
-
3
15
May 17
8% May 21
31% May 7
15%May 21
119
Jun
2
,
.
44
May 14
California Packing ;commpn
5%
preferred
Caliahari
Calumet & Hecla
,
54%
*53Va
2
.1%
1%
l7/a
36%
5%
.
5%
24 Va
5
_No par
1:66%
No par
100
,*53 Va
1%
Cons Copper
Campbell W & C Fdy„
Dry. Ginger Ale com$4.25
conv
preferred
Canada Southern Ry Co..
Can
36%
-55
36%
1
——'
.36%
*53%
No par.
50
—1
2lhc-Lead
24%
:io%
10%
102
102
41
41
.
.5%
5%
102
40
,"5%
-
,10 Va
103%
40
36
54%
1%
5%
25
.25%
•20
10 Va
35
.
25%
19
*
105
35
54
'
*53 Va
1,300
54
'
1%
.
5%
.
10 Va
*102%
24%
*53 Va
■
-2
■
.5%
24 Va
1%
5%
174
5%'
4,400
6,800
.24%
1,8 00
10
iO Va
10%
9,300
*102 Vt
.
24Va
9%
..
24%
.
105
102 Vi
102 V4
260
39%
39'/a
*16%
17%
100
,
■■
,
•39
40%
•17 %
17%
17%
17%
13%
12%
1334
12%
13%
13
13%
62,400
42
40 Va
40%
40 Va
40%
40 Va
40 Va
800
*39
40%
190
-
Xl9% May 26
:19% May 14
47% May 19
Canadian
Breweries Ltd——No par
Canadian Pacific
Cannon Mills
•
14,100
21
37%
Belding-Heminway
Bell Aircraft Corp
Feb
19
20%
10%
26
Jan
18%
20%
37 Va
119% Mar 22
&
18%
20
*39%
5
4%%
17%
10%
9
9
16% Nov
93% Mar 16
20 %
21%
37 '/a
Creek RR————
Beech-Nut
17%
40%
common—
2.500
20 Va
10%
18%
Co
50,600
20%
37
pid—i
Beaunit Mills, Inc
Beck Shoe (AS) 4%%
Beech Aircraft Corp.
11,500
11%
22
u*38 %
conv
13 Va
13
20
75
23
l->%
12%
11 Va
21%
•
50
—I
Inc
Foods
Beatrice
•73
———5
Corp-—-
12% Nov 10
150
Dec
25
95
22%
45!'2
16
Nov
Nov
t per share
32
20%
21%
—100
*22%
14% Feb
35% Jan
32% Oct
Year
88%
10%
——
Works
Range for Previous
'
12%
12 Va
10
32% Feb
12
103% Feb
Lowest
14
13%
10%
(Delaware)
34% Apr
8
37% July 23
20% May 21
27
;
13%
112 %
12%
common———10
Corp
Iron
Bayuk
2
Feb
Oil
4%% preferred
Barnsdall Oil Co
7
23% Jan
31
30% Feb 27
13%
15
14%
13%
11%
28%
Apr
133%
Jun
45
44% May
80% Sep
80
Conv
.16% Mar 31
14%
13 %
39% Feb
Deo
19%
Mar 24
14 %
13%
12
& Aroostook common—50
5 7c
preferred
1—100
Barker
14
14%
11%
20
preferred
non-cum
Barber
May 14
14%
13%
———
Ohio
25% Nov
,
Dec
24%
59
28% Jun
17% Nov 12
Jan
40
5% May
,
29
Jan
42
Sep 28
20% Apr
9
1
Works—-—13
T)
&
Baltimore
16% July 13
.
common—100
Inc
Locomotive
(B
.*17%
18%
*17%
Ry
25
13%
13%
13%
—*
No par
41%
41V2
*40%
.18
.
v
t
Number 4751
THE'
COMMERCIAL
NEW
Range for Previous
Lowest
11.
50
14%
May
5%
102
Range since Jan.
Highest
Lowest
«
$ per share
Apr
;
Feb
11
Feb
NEW
i,
13
Feb
48% Apr
3% Sep
21
Jan
Jan
100% Feb
18
18
Aug 26
8% Mar 22
110% Nov
Dec
39
Va
Jan
27% Jan
2
3?
Dec
50%
Feb
32% Mar
4
41% Jan
2IV2
Oct
12% Nov
9
45
Oct
6
Jan
29
Va May
.
7%
Dec
49 V»
6% Mar
9
Jan
130
Feb
5
x50
Nov
July 28
10
28%
Dec
22
Dec
108%
Jan
97
Feb
10
Dec
156
Apr
123
Feb
11
28
19%
x177/8
32%
Dec
21%
Dec
22 V8
7% May
14 Vb
Feb
Feb
18 % Oct
Feb
Dec
Dec
771/2
101/2
Dec
9 Va
18
Feb.
100% Nov
8
108
Dec
Apr
Oct
8
83
7% Jan
6
39%
Nov
Oct
10% Nov
3
15
14%
Feb
8
Nov
12
11
Jun
29
351/4 Mar
21% Nov
10
28% Apr
13
10
20
30
1914 May
100% Dec
27
10% May
Jan.
'
Oct
Nov
24% Feb
28
33
Jan
14
Feb
17% Feb
18
26'% Jun
110%
Jan
90
16
100% Jan
Feb
9% Mar 16
15% Jun
8
Feb
'
Jan
301/2
Oct-
25% Mar 16
Dec
54%
Jan
34% Nov
Dec
102% July
30
10
76% Nov
11
8
May
45% Jan
9
Va May
31%
29%
31%
101%
101%
preferred-—/
5 '/o
7
Aguirre
of Ga
Sugar
Central Hudson G
111
Central
Chain
$4.50
preferred
Checker
Jan
2
2
6%
,
14%
13%
38%
Feb
24
4'A Mar 16
Feb
7%
Feb
30
9% Jun
Mar 16
Apr
27%
Feb
54%
Feb
35
201/2
Jan
34%
Dec
July 13
41% July 13
51? 1/4
May
26% Nov 10
49% Mar 20
56
:
14% Mar
July
9
Feb
30-
13 %
15
33V4 Nov
May 21
57
Jun
15%
42% Sep
72% Oct'
$3
22
20
Feb
10
July 22
15% Oct
14%
Feb
19% May 27
4.5/a Apr
2
7% Mar
11
2% Nov
3
44% Oct
1
63% May
A
preferred
Chickasha Cotton Oil
Co
3
*
Feb
18
42
Jun
24
11
65% Jun
10
Nov
29%
23 Yb Feb
4
29% Jun
17.
Cincinnati
;
Feb
37% May
4b
271/4 May
341/4
8
28
May
Dec
-
94
9
26
48% July
8
10
33
3
City Ice & Fuel—
2
City Investing Co
Feb
7% Mar
27
10%.
8%
8%
18%
10%
,5%
32%
9
10
Jan
6
84
6
2i
Jam
% Apr
May
-
341%
27% Mar 18
Nov
176
9%
8%
10
11
9%
5
"5%
5 Vb
5%
9%
8
8%
10 VA
10%
3,900
5%
5%
8
8%
S,4d0
19,100
13,800
33%
31%
33%
'I
vb
1
31%
33
15
161/4
15
.15%
15 VA
40 Vs
38%
33%
39
29 •%
39
29%
27%
29
26%
27%
29%
54
*53
•
54%
"53 T
53
36 V4
37%
34%
37%
67%
67%
68
66
*
14%
*16
17
2%
.
14 %
14%
14
"16%
16
49
49
39
'
3
*37
56%
27%
27%
Va
*93%
2%
49
37%
54
27 3 4
26%
93'4
90
I
2,06c
13%
13 Va
13'4
*15%
16
16
16
1,100
3
3,500
93
21 Va
19%
21
40%
40
40%
28
28
28 >4
27%
28'4
8%
8%
*
8 Vb
*
83%
*80
18
18
55
44,800
26,% "
26%
26%
92
91V2
.20 Vb
40%
27
85
Jun
34%
107
27%
106
95
Jan
43%
II5V2
-
Feb
Jun
101
Jan
57
105
Dec
Dec
Feb
89
Dec
Feb
9IV2
9
5'ib
9
78% May 20
Cleve
Sep
23
Nov
40
14
12
47% May 19
18% Mar 22
23% Nov
Nov
Dec
Feb
78 V4
Year 1947
Special gtd 4%
-
Climax
82
16%
34 Va
Sep 30
July 13
141
x61%
1140
191% Nov
Jun
65%
May
*"
1155
35
>.
4%
141% Nov
61
1332
183
July 13
July
Jan
63% Jun
1332
1
.
July
2
1
Dec
23%
Dec
46
Feb
15,
Nov
18
Aug
22%
Oct
16
Feb
11
25% May .18
26% May 21
12
May
18
Oct
12% Feb
11
22%,Oct 23
16% May
8
31% Nov
x87 %
20% Eeb
17% Feb
May
16
12
45% Jan
10
Sep
96-
5
Feb
11*
17%
Feb
11% Nov
16%
Feb
10
Nov
9
Dec
32%
Jan
21:
Nov
12
21%' Nov
32%
Jan
20% Nov
3
21%
10
,
v
Apr
11%
Dec
63
12%
Dec
22%
.
86
Oct
30% May
39%
50
Feb
,
36 :
Dec
48%
Oct
36% Jan
Feb
90
26% July
%■ May
94
Dec
8% May
Nov
2
17% Nov
10
2% Feb
10
95% Nov
10
33%
Jan
14%
Jan
25 V*
Sep
23
8% Feb
11
10
33%
Nov
28% Feb
35%
Apr
•
23
Jan
Jan
i
4% May
104%
5
Jan
23»% May
30
9
27
4
\
Feb.
26
7
•„
/
NOV
29%
Feb
Feb
108 V* Mar
-11% May
10% Dec
20 %
Feb
15%
54%
Jan
17
30
Jan
May
21'
12% May
19%
10% July
99%- Dec
/
38%
Feb
114%
Feb
9
Mar
Apr
39
May
%
Dec
11%
Dec
94
94
>
30%
Dec
Dec
95
Dec
9
May
May
44
48
Feb
104% July
22
25
18% July 15
17% July 14
32 Vs May 15
\
40%
401/a
14%
*40%
42%
15
14 %
25%
24
14%
24
7
■32%
*138%
14L
*80 %
Corp.—,_No par
Colgate-Palmolive-Peet com—No par
/
$3.50
Collins
preferred
Fuel &
5%
!
& Aikman
Colonial Mills
Colo
No par
conv
4%
non-cum
1st
84.25
81%
3.60%
ComnionwTth
$6
8
6% May 21
Consolidated
COppermints
5
25% July 12
$5
preferred
27
8
98% July 26
Sep
27
10
42% Jan
18
99
90
Oct
103% Oct 11
5
44%
Feb
30% Feb
92
Feb
8
5
40
Oct
7
99
% Nov
10
48% Mar 17
page.26,
21 %
6,800
20%
21 Va
20%
21%
20 3 4
21
22
20%
21
1,800
10%
10%
11
45,600
11%
10%
8
8
11
8
58
*52
May 15
■31
32
39%
39%
10%
,
' 3 %
30'4
4%
$3.75
Continental
Diamond
64 >/4 Oct
Continental
Insurance
preferred
3,600
38 VB
1,400
46%
45
971/2
9
6'/a
17%
3%
-
3 '4
31/4
3
38 Vb
18%
3 Vb
'
9 61/2
191/8
"3
46%
47
96
'
96%
760
18%
8,900
3%
134,000
"18Vb
3
3
,
4,700
98%
97
97%.
97
97
95'4
96 3 i
95 Va
95%
1,700
26'%
26 Vb
26%
25%
26%
23%
25%
'25%
25%
13,100
8%
8%
8 %
8%
8%
8%
8%
8%
900
31%
31%
2,100
*8%
9
32 3 4
32%
26
26'
26%.
:
4%
;
4 ' /2
3234
-
32
27
4V4- -4%
23%
23%
*105%
1057/B
105 Va
14%
143a
*14 Vb
9%
9'4
23 Va
,
.
8%
32
-
1
27
400
4 VB
4'4
Va
8,900
221/2
22%
22 VA
22%
26,100
105%
105%
105%
105%
105%
14
14'4"
91/4
13%
x9
14
4 VA
14
9'4
-*8%
4
40%
39%
401/2
39
39 3 4
19'4
127/a
2,000
*
9VB
40
23%
900
14
22%
26*V4
21 '/a
21 VA
13
12 ',4
12 '4
12 Va
700
v
21%
12Vt
12%
"
3,200
10,000
2.200
'
33
10 Vb
9%
9 Vb
•
32%
8%
33
32%
'
102%
102%
35
36
35
*92
94
1/178
102 %
35'4
-
.
9%
9%
9%
9%
9
77/b
8^8
8%
33
1/128
102% 102%
102 7/b
92
34
35%
94
*92
92
102% '
32%
1/128
1/128
102%
102%
103
103
109% 102%
33 »4
94
*92
92
U%
13 %
14%
13'4
1,3 34
88%
89 Va
86
38
88'4
89
32%
32%
32%.
33,
..
32
VB
33
95%
*93 Va
95%
9
9%
9»4
83i
9'4
10
59
59
58 3 4
5834
57 %
58%
*94
32 VB
*93
.
8%
55
■
33%
14%
95%
'32%
33%
14%
,9
41,000
1/64
102 %
68%
5
2,800
8%
32''4
14%
.
10
1/1218
102
88%
*93
*26
4*4
*9Vb
-41
102 Va
/
26%
105%
3 >/4
—No par
100
31%
261/2
-23%
'
14%''
1/128
1/64
1023.4 102%
-20
4 Vb
31
27,
x23
-
23%
105%
-
9 '4
3214
*26 Va
1/64
——No par
31
18%
102%
Fibre
46
,100
*30 VA
96%
1/64
Bakihg Co com _„No par
preferred
-No par
Continental Can Inc common
20
38%
2,000.
30%
■44%
102%
$5.50
38
V2
56
19%
-
32%
-No par
preferred
39%
7%
*50
4 6 Vb
7/b
97
-
——_No par
Continental
29
7%
57
98%
1.33 Va
com
31 r
38%
"
>
10%
7%
50
26
-
i
Inc.—1
Container Corp of America
7%
*48
97%
4.6
19
'8
52
19'4
97
18%
11 Vb
7%
52
40
97
—
July 13
13% May 21
26
<4
8
31%'
46%
■
1
57 VB
9
33% Nov
860
390
10
21%
10
preferred
$4.52
preferred
4,400
10
11%
22
/
Nopar
Rights
19
9%
11%
DAY
*9%
12%
$4.50
ARMISTICE
10'4
31%
;
Consolidated Textile CO Inc_.
—10c
Vuitee Aircraft—/—l
Consumers Power Co com/
10
Va
9 %
5
18%
1114
*9%
12%
17
9%
1114
'3,400
32,3,00
21
10%
1/64 Nov
11%
11%
21)00
19
18 VB
ll
10
35% Jun
11
11 *4
15%
19
22 Vb
12%
IO6V2 May 25
15%
17%
CLOSED
21%
39%
._———No par
Stores
STOCK
EXCHANGfe
VB1:
10*
*51
.
Consolidated
Retail
! 15%
20
12 Va
23 V4
Consolidated
4
89%
22%
40%
Mar 20
V*
3,900
22
41%
16.%
310
33 '4
*11
12
23%
2
400
22 VB
41
151/4 May 12
15% July 6
32% Feb
18%
12%
23
24
3
18
11%
11V4
—100
Aug 27
10
19>/4
11%
12%
"—15
Jan
Feb
.-17%
19
12
Consolidated Natural Gas:
Consol RR of Cuba 6% pfd
51
28
7% NOV
17
19
Shares
62
31%
19
—..5
11
11
18%
11 Va
the Week
89%
17
Consolidated Laundries Corp
12
89
18%
12% Jun.21
Nov
89
20
10%
Coi'P—l5
Grocers ;CtnrP
89 vb
15%
Sales (or
141'/a
62
VB
■16
'
Consolidated
34
15 %
i
!
No p&r
Conshi Edison of N Y,com_
33 Va
17%
19 V4
10
200
*1100
1834
/.No par
Cigar———"
'61%
18 34
>
^
80
22
—10
series--—"
141%
20%
16
•
141
22
& South com_..N<>par
preferred
61%
35
34
*'89
1,800
Nov. 12
*iioo
.
4,900
$ per share
142
16 Va
*
No par
—
34%
89 Vb"
16 V*
61%
*1100
*89
142
193/4
—1—TOO
Solvents
61 "2
2,800
6 Vb
Friday
Nov. 11
$ per share
"
62
24%
;
89
Thursday
$ per share
1'4'4
40
80
10,200
PRICES
Wednesday
|Nov. 10
18%
Irtc.a/Nopar
preferred
144
*1-100
89%
SALE
$ per share
146%
34%
HIGH
V " Nrov. 0
t per share
35
AND
Tuesday
Nov. 8
-139%
.
:
31 Va
6%
31
18%
—_2.50
Commercial Credit copiiuon
i-
140%
Monday
141/4
x24%
140 %
«
71
6%
*79'%
ISO
42
.14
32
80
18%
cum
Commercial
31Va
141
61%
*11
—
4
203b
4% non-cum 2nd preferred-—100
Columbia Broad Sys Inc rcl A—Z2.50
—
v,
6%
*
4,900
106
*69 '/a
s
24
24
.
32.
80
62
*12
class B
6%
31%
*139
146 %
16
Columbus & Southern. Ohio Elec__10
107% July 6
X18% Jun 11
24
6
32'/a
110
1.700
*40 Va
42
■14%'
18%
_100
Consolidated
30
14V«
.19%
,
Ry com—100
preferred
May 21
10
*
t
,
preferred —_20
Colorado & Southern
4
Ajfr 27
29% May 14.
11% May 20
"40'/a
3,7%
24 %
'104
69%
141
147
*89
>
20
——
43% Jun
19
.
85
1071/4
24%
106
69%
185
37 %
;
23%
'82
share
34%
a——"No par
Inc—
16
3% Oct
23%
23%
1,300
2,000
.
107V4
*138 Va
*1100
Iron Corp com_ .No par
37% Apr
106
*80
107
106
.
17%
*165
*80%
*
Saturday
*144%
61%
coipmon^-No par
preferred w w
No'par
Columbian Carbon Co,—_./„No par
53% July 15
July 7
29% May 26
I41/4
.
7-
7
31%
82
I per
Pictures
104
107
'
Internat
Gas1 System
84 Va Mar 23
Coca-Cola
Columbia
Apr
see
42%
*
69 Vb
7
——Nopar
—
Columbia
106%
JFpr footnotes
69 Vs
Par
15
% May 25
17% July 13
92% Sep
3
Dec
A
13 % May 21
.10% Mar 17
55%
Class
1
*
78% Jun
Feb
13%
106 Va
,72
32%
(The) common.No par
31% May 12
14% Jun 24
20%
110% July
Coca-Cola Co
19 Vs Feb
100
32 %
108
*69 Vb
LOW
36% July 12
1/128 Nov
Dec
24 Vb
*106 Va
.
32
3
9% Nov
«30
25
24'a
100
Commonwealth: Edison Co/—,—-L25
Conde Nast Publishing Inc—,_No par
Congoleum-Nalm Inc^„__L
No' par
11% Mar 16
17% Mar
Feb
Sep
103% Feb
Fe.b
40% May
Nov
4
!
13
28
t
123%
25% Nov
21
35% Feb
115%
2
.
28% Feb
May
20% May
'
.
Nov
Dec
87
•
7% Sep
52
Aug
36
'
10% Feb
Feb
Mar»
20
18% Jun
s
May
Apr
2
22% Oct
9% Nov 10
9% May
8
'
24 Vb
107
1.700
35
85
38'/4
5.600
1,600
,
17
185
*80
37%
107%
,25
72
No
/
8
May
Jan
25
f
14V#
STOCK
$ per share
12
107
108
EXCHANGE
87
56
107%
,39 '/B
»41
.
*165
*
85
38 Vb
,
*70
1
•-
preferred—
NEW YORK
33
105% July
*107
'
,
2nd
cum
Highest
$ per share
185
*80
■
39
1,800
.
83
s
34%
"
Corp.
Range since Jan. 1
Jan
May
85
38%
107%
*106%
•
Cluett Peabady & Co com—".No par
IVo
preferred
——
100
92% May 20
Lowest
$ per share
May
*80
34%
*1G5
8
170
\
■
27%
*7%
*78
17
r
«
3,400
20 Vb
40%
27%
8
*80
*
.
'
35
1
Clopay
85
34 3a
185
39
*107
——No par
5
35
*165
38%
—50
Mdlybdenum__/
Clinton Industries Inc
147
34%
185
*80
■
•
7%- gtd—>.50
stock—
34%
*165
,—100
Co
5
36% May 17
10
34%
;
100
STOCKS
2*
Highest
t per share
RR
10% Jan*
9
2d
137
Pitts
Range for Previous
Lowest
1
prelerred
&
35% Jan
9
30% Sep
48% Mar
154
7
'
6
34
Jun
25
"
140
4
20
,
34%. Apr
108% Jun
15
39% Mar
May
lo
69% Nov
5%. non-cum preferred
-—100
Cleve Elec Illuminating cbm__No par
$4.50 preferred
—„"
Z_N0 par
Cleve Graph Bronze Co com—1
Jun
42% Oct
111;%
6
Oct
FOb
24%
88
29
23% Nov
Mar
Dec
Jan
34% Feb 10
105% Jan
35% July
109
42%- Dec
14V2 Dec
32
80
Jun
Dec
Nov
71
;
.
Nov
-
20
——
St Louis Ry Co com
320
92
19%
39Vt
.
27 Vb
8
17%
:
210
53%
20
8%
16%
47%
36
.
39
*
81% -
'
18
4
28 Vs
8 Vb
*80
1
47V3
35%
541/4
X53
*89V2
%
40%
85
*2Vs
47
35
300
1
"
21%
*8%
2%
46%
20° 8
41
*80
■
65%
'
41
.*
100
65
3.5
21%
X21
2,800
,
66
27%
93'4
3,700
53
16,600
+
56'/8
27%
'
94
*50Vb
36 VA
2%
38
56'V8
II,400
,28%
*12%
,r
49 %
39 3b
n
V4
"'35 "4
3
49%
56
32
*27%
35%
65
1.6
3
31 Va
53
.
34'/a
t
14 Vb
Vb
1,6
3
43%
j.8.50
*50*
60
*14%
■
r
>
36 %
1
5
4,300
16
39%
'
&
3,900
10
16%
_No.par
Equipment Co—
c
18,900
18
40%
—
C
Va
18
16
66 %
preferred——
———100
City Stores —'
1
L—J.
5
C
9
8%
8 >4
18 «/2
40
56
Clark
176
2,900
16%
*36
38% Aug. 5
July 12
July 12
2.800
10%
9%
v
23
,700
5%
*10%
10%
9%
18%
35%
1——100
21,900
77%
40 %
:
5 Va %
May, 24;
35%
I,600
200
5%
!
•;
,29%
*33."
,
:
•
77%
lp VB
8
28 VA
♦"35
5%
17%
80
10
tt26%
•
6'6o
2,500
23
97%
*9%
,
77
5%
a
26
22%
'•
5%
—2.50
—
14,000
15%
par
common—
'4,300
13%
*95
35%
76%
J
8'/a
21%
39%
C
20
3434
10 V6
10%
■
25
'
27%
11%
9%
9,'9S6
13 Va
-
9%
.
3>1k
50
%
76%
33%
8
97%
9%
101
10%
22V4
27 %'
*
10 Va
■
9
33
Vb
,8
5%
33%
22
4,0OO
'7%
33%
26%
*95
1
■
1.400
23%
2D4
,
10%
8%
22%
8 Va
,
13%
6%
BV'4
6
6,600
6
10%
17%
8%
8%
3,100
9%
5%
22
)
78
5%
-
19
'
Juii
-
9
18%
10%
-
.•
6
9
18%
10%
Cincinnati Milling Machine Co.—10
I T Financial Corpl
'—No par
May 17
15% Jan
78
Feb
10'4
16%
9'4
VA,
*100%
*74%
1>3
S7b
79
,
16%
1
*26
37 VB
11'4
; 10%
11%
10%
11
——25
—v
Nov
27
,6
2Q0
,
211/4
'
728%
35 Va
77 Vb
*78
—
Elec/com
&
36% Jan
Nov
May
20%
Gas
preferred
19% Nov
%. Jan
11%
12% May
Feb
4 %
9%
78%
19'4
'
34% ■'
*81/8
1
9o Va
*27'%
37 Va
.'6%
■
10
Chile
101% May 26
22 VB
28 Va.
"
9
221a
97
10
15%
100
Copper Co——
Chrysler Corp—
Jan
26%
1
-
31
78
78%
i'
Co common...-1
5%% ' preferred————100
52% Feb
Nov
37
26%
22%
28%
37%
14%
99 Va
29
13 VA
28
■^9%
com—50
C'hilds
Oct
90
*98
10
10,860
•
'75%
10 Va
8%
30
.
24%
*18%
101
*73%
300
'
24%
7%
33 VA
22%
14 Va
32,100
136%
1
23%
.
*100%
)
11
8V4
21%
10 Va
;
—:
667/b
111
x22%
99 Va
*27%
convertible
42% Mar
-Dec
21% May
23%
9%
37
22%
!7%
lOOVa '
10%
9»/4
40
vtc
Sep
^ 96
*26%
23%
.
Dec
23
27%
•
preference—Nopar
Chic Rock Is &. Pac RR Co__No.par
Conv preferred series A
100
Chicago Yellow Cab——.'
No par
7
22
Feb
21
4% Nov
18
—
107/a
14VB
?98
>
.7%
75%
14%
f
9%
.341/4
10%
30%
102%
"135%
6%
32%
1Q0
5,200
*100%
•
16%
*73%
23
;
136,%
5%
')
24%
100 Va
*8%
preferred—100
."—Li./
l
Chicago Pneumat Tool com__No
2
45% Jan
.
No par
-No par
101
135 %
16%
75%
*26%
„
*
x834
35%
22%
51%
29%
101
'
6%
.
§00
■
138
50%
19%
34
9%
51
*18 3 4
*73
10%
7'4
39
138
30
9%
7'A
■
100 %
13%
111 RR Co com—No par
A—.
lOOVa
38
38
16%
23
7%
22 %
Chicago & Northwest. com_—Nopar
5',} preferred—-100
49% July 15
40
convertible
Series
23% July 15
11
25% Feb
Jan
10%
5%
preferred
—50
Chic Ind & Louis Ry Co class A__25
Class B
i
—No par
Chid Milw St Paul &'P
vtc—No,par
Jan
3%%
Class
24'4
38
'24%
76%
*9
1.25
Chesapeake Corp of Virginia-;.——5
Chesapeake & Ohio Ry common—25
29
8%
6V4
22 V2
«'
—5
com
—,
9%
300
5,200
13%
35 V»
*7Vb
139%
28%
18%
.7
1,900
1
33%
33%
33
L.1
Cab Mfg__—:
18%
16%
•
13%
*
90
30
34%
'
16%
7 V4-
7 v„
t %
x50
25 Vs
9%
38%
3,600
>
136%
18%
23 3 4
'
1.700
109%
2.9%
*33%
13
138
24%
*3%
1C1 1
*74%
9.50
22% July 14
15% July 13
6
7% Jan
;
i'
No;par
Chicago Corp (The)—
Chicago Great West RR
12
Dec
*100
No par
Champion Paper & Fib
9%
7%
Copper Corp
Col
18%
140
*135
25%
16%
-
23%
Products—/
Belt
25%
7
7%
14% May 21
l2% July 13
Feb
Nov
9V4
*6%
No par
& E Corp
Sugar Co
Century Ribbon Mills
:
Certain-teed
16%
23%
Light 4%%
Pasco
19%
16%
:_100
Violeta
Cerro de
136%
*18%
1
vtc
102
*135
25%
—No par
B
*101
135
.
25%
pfd—L—100
Central NY Pr Corp 3-40% pfd—100
tCentral RR of New Jersey
—J100
;
.
•
series
138
102
135
.
—1—5
10
Feb
56 Vb
Co
Ry Co vtc
preferred
Central
-
*101
.
100
common——No'par
preferred—/"-'-/L20
9% Nov
Jan
32
2nd
Chic & East
'
•
31
139
14
5 '/a
ARMISTICE
35 %4
37
53%
31%
9
July 13
17% July 14
G% May
23% May
1
51%
30%
9Q
8%
38 Va
53
11
15%
15%
*138
53
—:
10
101/2
10%
37
138 %
*
7%
Shares
54
5 Vb
DAY
(or
the Week
109%
30
7 %
1
14
*52 Va
CLOSED
35
1234.
;
37
*7
11
May
*3534
7%
39 %
Feb
8% May
37
7%
38%
Sales
Nov. 12
$ per share
110
29 V»
13%
Friday
1
EXCHANGE
5 %
103
'
12%
7%
7% Feb
4% May
2% Dec
*35%
14%
301/4
4
Dec
37
*35%
13%
•
STOCK
54
*34
5
35
73B
Jan.
12%
s
,
39%
38%
Feb
Jan
14
Nov. 11
$ per share
13%
*52 %
5
1U
.
,
30%
35
1
.7%
.
*110
31
36%
:_25
12%
Apr
5% May
"
111 %
30 %
*35
13 V4
'
5%
5 Vb
,
53%
6
20'/»
403/s
4 V4
May 24
*110 %
14%
54
*52%
Thursday
■"
$ per share
"
13%
i
—50
Corp
common
Central Foundry Co.*.
1
211/4
20% May
6
,1
35 %
111%
14
•
15%
52%
Central
May 21
74
10
par
May 27
Jan
30%
35%
1'4%
54-
5%
*137',4
7 '/o
8
16%
Nov
81%
3%
Jun
30%
Celotex .Corp
;
1
7% Jun
*110%
,
5
;
14%
*52 %
5%
PRICES
Wednesday
Nov. lO
Celanese Corp of Amer com—No
par
$4.75 1st preferred^—
—NO
30
12%
11% May
23
11% Sep
12% Jun
38% July ,6
8% Mar ;3
96%
.
Dec
22Va
,
28
5%
:
No par
—
54
1
SALK
$ pir share
—J100
Central
10
*52%
S per share
14%
HIGH
Nov. 9
'
*
No par
7
12
:
common—
Co
*14%
10
.
-
General
I)
1
(2017)
Tuesday
Nov. 8
$ per share
Ohio Ry——ilOO
&
preferred
18% Feb
6% Feb
Jan,
116
472 May
11%
•-
7%
5 '/c
5% Nov
.7%
&
(J
5
22% Nov
I00y4
Cprp
2Q% Jan
21
common
Caterpillar Tractor—
9
July 2
May 27'
34% Jun 25
11
16% Jun
Jan
39% Jun
A
Cbnv preferred 4%* seriesCase
14Q
22% Feb
19% May
13
class
Clinch
Carriers
105
130
Feb
Par
Admin
Carrier
147% July 15
68 % May 15
X97
LOiV AND
Monday
Nov. 6
Carolina Power & LightCarpenter Steel Co„
12
43% Jar)
8
9
May 20
52% Jun
2
1
35% Mar
Feb
64
11 Vt May
Feb
Dec
158'/2
May
35 % Mar 30
_
47
CHRONICLE
RECORD
Saturday
-
Carolina
19% May 21
132
STOCK
STOCK
$3
preferred A
Capital Airlines Inc
5
May
35 % May
YORK
•
Capital
56
20
38
5
/
May 15
27.
12 %
YORK
EXCHANGE
$ per share
151/2
128
1
Highest
i
t
$ per share
57'/2
Dec
Nov
FINANCIAL
STOCKS
Year 1947
t per share
&
1
Volume 168
32 Va
95
8%
57
13%
*88
33
2,100.
41,400
1,100
3.70
33%
4,000
92
40
14%
4,900
89%
170
-32 VB
33 VA
*93%
95%
8%
56%
9
57%
10,800
-
~
1.800
3,200
17
Lowest
Highest
$ per share
t per share
12%
$ per
share
11
69% Jun
Continental
55%
Dec
40% Feb
12%
Apr
27%
Oct
14
43
55
May
12% Jim
17%
55
Dec
44
Oct
24'
49
Nov
1
15% Jun
15
Cornell Dubilier Electric Corp—1
48
9%
57% July 14
Corn
53
18%
32%
Feb
18
Nov
10
88
Nov
3
July 12
55
23% Oct
1
88%
Dec
105%
Feb
88
Dec
105%
Jun
86
Oct
28
98
61%
Sep
75%
Jan
59
Apr
30
66% Mar 24
164% Oct
Aug
18
2
13
39% Jun
14
94% Aug 31
98% Jun
2
Jan
15
24% Jun
8
3 %
Jan
2 % Aug
26 % May
40%
Feb
Dec
107
Dee
16
Oct
Sep 20
Feb
29
Mar
11%
9% Nov
9
Mar 18
x21
Jan
Coty
2
3% Feb
Jan
4%
13
22%
Dec
30
41
Dec
52% Mar
25
Apr
34%
Oct
25
Nov
10
Dec
108%
Feb
91% Feb
24
105% May
130%
Oct
13
129
3%%
'< 98
'■
10
22
46 Va Mar
Sep
100
Sep
34% Jun
22% May
37%
Feb
66
96
Jan
21% Sep 28
66 Va Mar 17
Oct
26% Mar
Dec
22
34%
May
21%
13% May
,
165
Jan
165
12%
17%
Dec
82%
101
Dec
12% Feb
Jan
Jan
2
11
155
21
Apr
8% Nov
Sep
80
Mar
2
5%
Jan
17
Cuba
17% Aug
177
9
Jun
88
9%
23V«
18V.
40
26%
,
No par
.
No par
4
July 30
6%
RR
71
,
15%
180
15V.
,*160
8%
8%
19%
Feb
12% Nov
9
17% May 18
Cuneo
—5
13%
13%
27 %
Nov
16% Nov
8
24% Jan
Cunningham Drug Stores Inc.—2.50
Feb
11
17
7%
17
8%
16%
Feb
122% Feb
17
150
Mar 11
61
12%
6% May
Jan
56
147
Jun
113%
70
Dec
48
Mar.
6%
4% Feb
Feb
21%
Dec
4% May
12% May
7
13
Jan
27
133
18% May
30%
19% Aug
26%
Sep
19
Sep
Oct
132
Feb
.
May 14
21% Mar 10
28 % Sep
137
'
July
Publishing
Nppar
com
No par
$7 preferred
Prior preferred
2
Aug
Inc
Press
Curtis
No par
common
pfd—-100
Curtiss-Wright
Class
1
2
1
A
Cutler-Hammer
x31% May 20
,
Inc
9%
,
10
*132
26%
No par
53 Va
53 Va
53%
90
17%
16%
17%
17%
17%
4,900
48 %
48
48
48
48
EXCHANGE
54%
52 "A
18
18%
9%
59%
61
59'A
3%
3%
3%
2%
2 »A
?%
2'A
30%
30
2,200
13,700
100
96
9%
9%
700
23
22%
23
22%
23
4,000
2%
30 Vs
.
*92
9%
9%
9%
9%
23
190
3%
3%
96
*92
6,700
168
30 Va
96
20
60%
166%
166%
30%
5,300
90
*88
60
166%
30%
740
89
165%
*92
2,800
19
•88%
90
88
89
18%
ARMISTICE
DAY
90
*88 Va
90
9%
53%
CLOSED
53
19 V.
2,100
500
•*52%
9%
9%
10
STOCK
1,500
Xl7%
18%
17%
17%
177/s
38 V.
38 V.
38
38
38 %
38'A
25%
26%
25
25%
25 Va
26
4,200
94 Va
*93
94
94
94
20
*100
101
"100
101
*93
101
*100
18
23%
22%
70
70
*69
71
70
26%
28
*26%
28
15
4,400
10
9
3,400
8%
80
*75
80
15
180
8%
8%
8%
8%
■■*75
750
15
160
-
160
160
400
27
*26%
15 Vs
14%
15
165
5,000
70
22%
*160
600
23
22%
22%
6,400
*75
80
12%
12%
*12%
13
*16%
16%
*16%
17%
*16%
17%
500
8%
7%
8%
■7 %
7%
7%
7%
30,800
136%
53 %
138
52%
21
22%
26%
27
20 Va
20%
Vs
7 V.
51%
900
7%
86,700
20Vs
5,400
20 Vs
20%
140
140
132
25%
70
50 %
7%
7%
*132
27
*
1,800
140
'135%
-
51 Vs
19 Va
22 Va
26%
140
.
50%
140
*135
140
*136
53%
8%
x7%
10
9%
13
12%
141
*132
27
53 Va
Va
16%
22%
140
54%
2%
13
<
53 %
23 %
,23
,
24
3%
9%
140
53
24'/a
59%
80
8 V.
141
141
53
1
Cushman's Sons Inc 1%
12% July 21
11
18% Feb
Apr
Feb
129
13
13% July 15
24 %
89
15%
13
Oct
24%
3,000
23%
165
165
*75
14,600
25
29
,
Dec
xl6
15%
71
8%
80
*75
15%
23 Va
15 V.
*160
»
54%
15%
18 V.
101
*69
*28
56%
*88%
96%
*
54%
15
16
9%
39
27
23
71
28
..
28
non-cum
*94
*100
23'/a
23 %
-.100
preferred-
conv
,90%
1011
*94
*100
25,400
58 Va
56
53
9%
39
26%
Shares
7%
7%
48%
23%
*23'
18% *18%
18Va
*38
26%
share
17
96
*92
*9%
per
54%
31%
31
93
9%
23V.
93
,
pfd—100
Cuban-American Sugar common—10
7% preferred
100
Cudahy Packing Co common
10
4%%
preferred
-100
13% May 21
9
22
Sep
14
78% Jun
31%
30%
Crucible Steel of Amer com—No par
28% Jun
34
,
com—,—5
Corp
preferred
$4 2nd preferred—,
<
.
2.50
com
$4.20
1
Jun
Zellerbach
Crown
1
61%
*164% 105%
3%
3%
2%
2%
1
preferred
$2
*88
61
No par
& Seal
Crown Cork
6
9©
90*
t
7%
7%
the Week
share
15%
25
54 Va
18%
48%
10
10 %
-53%
54%
18%
19
"88%
90 •
"89
90
60%
61%
*165
165%
3%
3%
*2 %
2%
18%
.18%
*88%
/
2
America—
of
Cream of Wheat Corp (The)
26% May 27
37
—100
preferred
Creameries
103% July 14
17V4 Nov
17%
7% preferred
—
100
Inc
1
Coty International Corp——.——1
Crane Co common
25
Mar 19
177
5% Jan
8%
Dec
97
July 21
9
4% Dec
2%
*53 Va
Exchange Bank & Tr Co—20
Corning Glass Works common
5
3%% preferred
—100
Cum pfd 3Vu% Ber of 1947—100
Corn Products Refining coat
25
15
97% July
No par
Copperweld
21% Oct 22
.
$ per
24
16
16
25
*53%
18
48%
53
50
*
Cooper-Bessemer Corp
$3 prior preferred
33
share
6 per
7%
Nov. 12
Nov. 11
55%
58
57
16
13
Feb
Jaa
195
16
25
Corp
10
42% Mar
Feb
20%
61
Dec
14
common—5
-
7%
8%
7%
57%
Feb
11
12% May
170
56%
9 % Nov
Feb
13
51% Dec
Dec
5
Delaware
Steel
Continental
19'/, Apr 16
Jun 14
of
Steel Co common
5
Convertible pref 5% series
--50
9
x49% Mar 17
Dec
Oil
7%
25
54%
17%
49
9%
19% Mar
Feb
*
Mar 16
18
7%
Sales for
Friday
Thursday
Nov. 10
$ per share
6 per share
6 per share
,
1
Continental Motors
Apr
19
Par
10% Jun 24
HIGH SALE PRICES
Wednesday
Nov. 9
Nov. *
«i
,
,
share
27
35
14% May
8 per
Feb
6
Feb
EXCHANGE
AND
Tuesday
Monday
Saturday
'
Highest
Lowest
STOCK
NEW YORK
Range since Jan. 1
Year 1947
.
LOW
STOCKS
Range for Previous
6% May
RECORD
STOCK
YORK
NEW
Monday, November 15, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2018)
•18
26%
26%
26%
2,700
4,600
D
90%
97
14% May
Sep
85
23%
Nov
Oct
30% Jun
8
94% Jun
24
9
13% Mar
20% Jan
Dana
10
2
28
Corp
3%%
20%
1
common
100
*85
*16
16%
16%
25
17% Jan
16% Jan
24%
Oct
18% Feb
14
28% July 14
24
Dec
35%
Jan
24% Feb
25
31% Aug
82%
Dec
Jan
2
94
Jun
17
Preferred
3.75%
series
A
Jun
10
Preferred
3.75%
series B
9% Sep
27
7
94
15% Jan
5
8 Vs
84
101% July
101% July'
84
Dec
12%
Sep
23%
Sep
20%
Feb
33
Aug
45%
84
Feb
11
Feb
Oct
Sep
Sep
24
13% Jan
10
42
Jun
13
46% Jan
5
Decca
2
46%
Oct
Dec
38%
Feb
29 % Feb
45% Mar
38% Jan
20
7%
Feb
7% Feb
11
Dec
14% Feb
11
39% July 15
25% May
44%
Dec
32 »/4 Mar 18
58
July 15
21% May 17
85%
16
16
300
*14
16
*14%
15%
300
20'A
20 Va
3,400
27%
27%
3,000
15%
20%
20
20%
19%
20%
29 Va
28%
28%
27
28'A
*85
85%
85%'
85%
85%
85%
*85
*84%
86
86
*84%
86
10%
10%
*84 %
10%
'
-84%
10%
9%
50c
8%
1
30%
31
35
33 V.
32
43%
32
X31%
31%
31%
20
—100
43%
8%
44
44
33
43%
41%
15,900
29%
29%
3,400
33 %
34%
11,400
*31%
32%
32%
32 Va
41%
*
8%
30
'34
28%
31%
8%
8%
8%
8%
31
'35
1,700
42
500
41%
42
2,300
9
16,700
9%
9%
8%
9%
8%
8%
8%
27
27'A
26%
27
23%
26%
24 V.
24%
24%
25%
46 '/a
20%
41
45%
41%
43%
44%
45 Vs
20 %
20%
20
20%
20
20%
8,700
ft
138,100
,11%
3,400
23%
1,000
.50
Western—
&
■
8%
8%
70
10%
10'A
10'A
10
10%
30
36%
31
x34%
31
35%
*84%
86
10%
No par
—
50
86%
*85
Inc
Lack
85%
16
201/.
28%
28 %
86 Va
50c
common.
preferred
Delaware
13% July 12
19%
Co
19%
85
16
*15%
21 %
_100
Delaware & Hudson
50% Jun 24
10%
Records
&
19 Va
85
16%
15%
21
•
20 Va
86%
*16
16%
28%
Deep Rock Oil Corp
Deere
34% May 24
6% May
1
Dayton Rubber Co
15
Sep
33
32% May
5% May
Chemical Corp (The)
Dayton Pwr & Light common
Davison
9
28 % Nov
May
31
29%
6
4
19%
*85
16
85%
*15%
7
100
15
20%
87
16
87
2.50
20
20
*85
21
pfd series A
Davega Stores Corp common
5% conv preferred
9%
9%
Denver & Rio Grande West RR
20%
27 % Mar
62%
Dec
20
58
9
Apr
% Nov
59
Aug
Oct
% Nov
6
13% July
10% Feb
11
17%
Jan
Oct
22% Mar
18.
26% Oct
Oct
22
Jan
12
Nov
10
16% Jan
Feb
21 % Nov
9
28% Jun
46
Jun
Apr
47
Jan
35% Mar 12
Nov
50
Jan
38
Feb
13
17%
Dec
24%
Feb
12% Nov
10
11% May
18%
Jan
13
49
,19%
14% Mar 12
Oct
40%
Sep
Diamond
Corp
Apr 21
Dr.
Oct
11% Nov
9
47% J&n
>2
J
Sep
'
13
32% Feb 20
97 • Feb' ;]6
42% July
•114% Feb
'
■'
.
5
Jun
16
Doehler-Jarvis
19
Feb
24
Dome Mines
67% Apr <15
106% Jun (15
Feb
13
106% Oct
22
$3.25
Dec
19% Nov
10
31% Jun
21
Dresser
98%
Feb
83
Jan
2
98
July 16
3%%
19
Feb
12% Feb
11
20
May 15
Dunhill
17%
NOV
12% Mar 11
18
May 20
Duplan
90
Dec
conv
10% May
14% Nov
173
May
115% Dec
92%
110%
Dec
197
July
129%
Aug
107%
Sep
115% Jun
Dec
14
:
-
94
• per share
per
11
1
188% July 9
124% Jun 17
99% Jun
116,
15% Jan/
13%
16
16 "A
*16
%■
t per share
*12%
32%
12%.
13Va
*3
100%
20%
v
*13%
173%
*
*96%
118Va
97Va
16
*16%
16%
800
25%
27%
26%
26%
1,300
50%
49 %
49%
50
49
49
13
13
13
32%
.12%
11%
47%
46
99
20
20%
•
11%
100%
5
14%
*12%
14
14%
13%
14
*
114%
118%
*114
12%
LOW AND
-Monday
-Nov. 8
HIGH
Tuesday-
f per share
Nov. 9
-
"
98%;i
20'A
*87
13%
*12
2,400
*
,13,100
90
13
'
—
13%
13%
1,900
169%
170 Va
6,600
119%
118%
118%
400
97 Va
97%
97%
'
115
13
13
-
700
70
115
13 "
% ;
-
:
,,600
;
SALE PRICES
'
.
Wednesday
Nov. 10
.
t per share
"■
98%
19%
114
114
>
12%
4,800
11,400
•
H©©
09« 1
*12 Va-
115'
'-3,200
•
172
97 %!
•
•
•'
'46%
>100
13%
*118%
97%
12%
»
170
172%
118%
*97
,
13%
170
97 %
46
90
*12
174
50%
20%
98'
19%
*87
118%
11%
49 Va
46
»
11%
49 Vi
■
♦
*997/s; 100%
90
-
114%
12%
fper share
6,000
*87
Nov. 6
Par
700
31%
45 V.
100 v."
21%
*99%
9714
12%
12%
31 Vs
48
*< '•'47%
101%
Saturday
I per share
1
101
90
12%
31 %
11%
12
53
150
12%
30%
32%
30%
49
1,600
21,300
12%
'
.
STOCK
EXCHANGE
*49
101
* 118
'
*114%.114%
^100
_l_5
15%
28
14
171%
175
Duquesne Light 5% 1st pfd
DWG Cigar Corp—
16
28
*88
*12%
14
*118
47
20%
20%
14
Nopar
16
29%
*99%
:
101
*12%
Nopar
16%
12%
1
series
13
16
54 Va
90
series
12%
15%
12%
Nopar
:
13
15%
53%
*87
;
12%
16%
"
*99% 101
50c
100
13%
<:
.<
600
45
13
32'A
12%
47%
1,500
1,000
15%
54
i_No par
preferred
32%
1.100
i
16 Va
*16
29
*49
—
13%
16 V.
16'/a
~
16 %
*13
29 %
50
i 47
•
STOCKS
share
'
.
54
l_No par
common
NEW YORK
,45
*28
*48%
15
common—
$4.50
Range since Jan. 1
^Highest
40%
45
$3.50
Lowest
217/s
40
44%
Preferred
2
12%
21%
39%
Preferred
Jun 22
12
22
39%
Du Pont de Nem (E I) & Co com—20
3
12 Vs
22
45
5
International
•
Highest
%
28*
12% Oct
Year 1947
Lowest
Mar 18
Feb
111% Aug 24
19% Mar
Range for Previous
•
164
113% Jan
Sep
12
21%
*44*A
No par
Corp
12%
21%
x39%
__Nopar
2nd preferred—
'
12%
21%
45
No par
—la:
Industries
*23
'
$4 preferred series A!
23
104%' Oct
Dec
May
11
23%
»
40
Corp
Co
11%
23
45
No par
Ltd
Dow Chemical
50% Oct' 22
11
23%
40
2
—
11%
22%
40 Va
No par
Douglas Aircraft
.
45
13%
_2
'
11%
23%
12 V.
40 %
Ltd
Pepper Co
40
22
1
Jan
Jan
12,700
6,500
61
11%
*44 %
——
56
Jun
80
Divco
23
2
3Z
*56
64
21%
12 %
21%
■Tx
'
58 Va
11%
23'A
12 V.
11%
23
*12
32
.
*
25
Car Co
T Motor
19
39%
91%
Diamond
Distill Corp-Seagrams
19
Jun
%
64
*58%
64
No par
common
10
41
11%
23
-
*58%
64
40
preferred
Oct
76
14
Match'
partic
47
21%
'9$% Dec
20% Oct
6%
Oct
16% May
•36%
*58%
—5
Feb
45 % May »
>
cV—100
Dixie Cup Co common
Class A
10
25% Nov
12% Nov
29
Feb
28% May
20'A
Raynolds class A—12.50
55%
Dec
46
20Va
Vilbiss jCo
34
May
18%
•
De
Devoe &
19% May 26
Xl9% May 21
.
46
20%
Detroit-Michigan Stove Co_+—.—1
Steel Corp
1
46% July 29
May
45 Va
Detroit
10
35%
42 %
25
100
—20
pfd
f>
2
-15% Dec
for
%
10
31%
Mar 17
ctfs
—100
com
Detroit Hillsdale & S W RR
23
16
*>
Escrow
137/8 May 24
26%
20% May
for
Detroit Edison
9
10% May
•
ctfs
9
60% Jan
9
Jan
Escrow
6 per share
,
Friday,
Thursday
Sales for
-
Nov. 13
Nov. 11
the Week
,
Shares
I per share
I per share
E
19%
Jan
18
Nov
19% Sep
20
13% Oct
25% Aug
24% Apr
11
17
14%
Dec
42% May
I
163
51
Nov
5
Jan
13% Nov
10
22% Jan
48% July
38% Feb
10
Dec
19H%
57%
Dec
Sep 27
47% Feb 28
25%
Feb
15 Va Nov
88
Dec
-15% Aug
109
Oct,
157
Feb
82
Mar
12
8
27%
Feb
11% Nov
10
Dec
111%
Feb
98
Sep
17
4% May
8%
Feb
5% Jan
5
50% May
65%
Feb
36 % Nov
10 % May
16%
Feb
11
Feb
10
13
33% May
39 %
Jan
32% Feb
19
Sep
3%
Jan
19%
Feb
lVa Nov
13% Feb
10
11% May
2
145
135%
Eagle-Picher
11
175
Jun
•
Jan
Jun
4%%
4% %
Electric
1
Dec
24% Mar
14
Sep 28
Elliott Co
5% %
45
46% May
9% May
Aug 19
49
Oct
6
59%
Oct
55% Feb
13
76
Jun
3
17
Dec
12% Feb
11
20
9% Mar 18
lm
Dec
27% May
108
May
19%
12% Jan
Jan
2
x29% Jan 22
38
Apr
107
Mar
97
Feb
27
Dec
4%
Dec
4
% Jan
5
Dec
12%
Feb
9% Feb
11
50% Feb
11
59
"
■
47%*May
67
Feb
63
85
Mar
Nov
7% May
13%
Sep
14
Feb
4% Oct
It
11% Nov
10
17% Dec
24%
Feb
10%,Nov
25%
Jan
38% May
30% Dec
50%
Oct
13% Aug
Per foet;iote« «t*e mure 26.
5
8ep
34
104
Jan
8
Jun 10
6% Nov
4
16% July 12
65% July 15
68% Apr 14
Radio
RR
5
13
9
Jan
5%
Erie
14
56% -157%
3,800
15 Va
15%
3,600
*89%
91
91%
*89%
91%
*89 Va
11%
*89%
*
12
91
12 Vs
*96
6%
6%
7
7
42%
42%
42
42%
3
14%
14%
14 %
14 Va
34%
*33%
35
*90
*34
,
1%
19%
100
1%
20
1%
1%
20 V.
20%
*89 %
11%
*96
40
42%
39%
40 Vs
40%
13%
14
13'A
13%
13%
33
33%
33
33
*33%
Williams
20% May 17
Evans
11% Jan
5
Eversharp
49% May 3
7% Mar 30
Ex-Cell-O
Products
Corp
Co
Inc
Corp
Exohange Buffet Corp
300
33%
1%
1%
1 Va
1%
7,600
18%
19 %
18%
19 %
18,000
*152
156
•152
156
141
137
138
•
50%
15
152
*150
137
'
153
137
137
15
19%
150
137
50%
20%
50
50%
■49%
15 %
15%
*15
21%
20%
•20
20%
60
*55
60
*50
56
*50
56
*50
56
*43%
46
*43
46
*43
46
*43
46
*43
46
*67
70
64%
*64
1,200
15 %
21
500
500
49%
*57
66
3
.
15
15%
21
21 Vs
66 Va
67
14%
19%
66 Va
66%
63%
4
14 Va
14%
14'A
14%
13
14 %
12%
11%
11%
10%
11%
10%
11%
10%
10%
13%
15 V.
*30%
97
15 V.
15%
15
30%
31
30 %
30%
98
*97%
99
*97%
14%
15
31
15 V.
5%
5%
13%
14%
100
50
*59
60
*61 Va
66
51/4
14
58
*61 Va
99
29%
*97%
,
,
5
5
5%
12 %
1
—3
2.50
8%
'
36 %
*5'
5 V.
12%
8%
37
5%
5 V.
12%
9
37 'A
*5
1,400
11
*14%
15
30%
29%
*98 %
99
1,200
4,600
'
13%
10%
13%
5
No par
;
4,100
1%
—50
preferred series A
Pittsburgh RR Co
11,700
13%
*15
15
common
1,200
41
•
10
Phonograph
2,800
6%
20 V.
1%'
18%
*138
50
12
100
*96
6%
139
5'0%
91%
11%
11%
100
6%
155
*50V.
*96
6%
139
,
•
6%
6%
*152
50%
11%
12%
100
__50
Mfg Co
&
12 %
100
Nopar
&
Eureka
50
162
*159 Va
DAY
15%
Empire District Electric Co_
lo
Endicott Johnson Corp common__25
4% preferred
100
Equitable Office Bldg
X
Erie
r-
58%
15%
5
Gas
Electric
Emerson
162
4,200
10,300
56~,
—
-
common
Natural
♦159%
14%
>40Vs
16%
1
conv
Paso
160%
•
ARMISTICE
60
(The)
common
Emerson
160%
400
14 %
40%
14
40%
5,000
i|(
15
3,400
800
900
30%
99
50
5%
4%
5%
4%
5%
5%
5%
13,000
14%
13%
14%
12%
13%
13%
13%
24,700
58
59
*61%
*54
*61%'
66
53%
55
66 %
57 Va
66
*61 Va
:
"
7% Mar 17
35% Nov
Vs July 6
15% July 9
16% Aug 27
El
13%
40%
16
_loo
preferred
preferred
5%
•
15
42%-
13,800
17
53%
Elgin National Watch Co
74% Jun 14
13%
40%
2,400
15%
15%
*16%
CLOSED
16%
6
Jan
27% Jun 14
160
'
EXCHANGE
61 Va
17
9
58% Sep' 28
19% Nov
15
42%
STOCK
15%
17
19%
19%
19%
100
Convertible preferred
21
14%
*16%
16 %
9
Oct
147
10
15 %
17%
59%
26
166
11
49 % Feb
19%
14%
17
17
Oct
10
123% Feb
Oct
160
20%
20
15%
18
60%
56% Jan
Feb
Feb
57%
160Va
60%
42%
20%
*10%
,
Electric Power & Light com__No par
$7 preferred—i—
Nopar
$6 preferred
Nopar
Electric Storage Battery
Nopar
156%
14%
15
,42%
160 Va
..
Elec & Mus Ind Amer shares
7
171
15%
42
14%
*17%
2.50
common
Auto-Lite
Electric Boat
2% May 24
23% July
Dec
139
14%
5
preferredStop Nut Co.:
Elastic
16% Oct 21
37% Jun 10
Jan
July
17%
10
preferred
Ekco Products Co
2
12
Dec
47
15
S% preferred
_100
Eaton Manufacturing Co—
4
Edison Bros Stores Inc common
1
17
20%
21
14%
17'A
Inc
Eastman
8% Jun 24
56
20Va
1
10
Corp common
Eastern Stainless Steel Corp.
Kodak Co common
8
69% Oct 26
16% Jan
Airlines
Eastern
19% May 17
92% Jun
1
106
_10
Co
Eastern
46% May 15
42% May
18% Dec
104
25% May 27
20% May 18
19% Nov
1
5%
13
9
38
5%
5
12%
8%
5 Vs
5
12%
8%
36
36%
"*5
5%
11%
J
8
35%
5
5
5%
11%
12'A
8%
8%
*35%
36
5
,
*5
54%
1,300
66
5%
3.200
11%
2,600
8%
6,100
36%
5%
'
-
1,900
100
Volume
THE
Number 4751
168
COMMERCIAL
NEW
&
YORK
FINANCIAL
CHRONICLE
(2019)
19
STOCK .RECORD
T77T
Bange for Previous
STOCKS
Bange since Jan. 1
Pear 11)47
Lowest
1 pershare
$ per share
Lowest
Highest
44
NEW YORK
Highest
J per share
LOW AND
STOCK
Saturday
EXCHANGE
■1
i
$ per share
Par
4"% May
11% Dec
Jan
31%
Jan
Feb
10
54% Jun
10
Fairbanks
No par
41 y2
26% Mar 17
33% Oct
28
Fajardo Sugar Co of Porto Rico__20
*29%
28% Oct 29
Paistaxt
11% Jun
16
Farnsworth
16
Oct
23
43
Jun
3
Fedders-Quigan Corp
Federal Mining & Smelting Co
Federal-Mogul Corp
38 % Nov
9%. Feb
14%
Dec
Apr
14
5'A Mar
4
Feb
20
May
32
42% Mar
35V4 Feb
11
Dec
23 % July
16
16%
9% May
14%
19
Apr
97V2
Dec
107%
20
Dec
May
20 %
Feb
28% July
11
Mar 11
6
% NOV
20 % Feb
9
10
Jun
90
Feb
9
26%
Feb
20
Feb
10
26%
Jan.
18% Mar 17
20% May 22
Federal
12% May 18'
31% May 14
99% Jun
24 y2
Morse
&
Brewing
Co
;
Corp
$ per share
x41'
*29%
30 %
5%
5%
5%
Nov. 10
Thursday
Friday
Nov. 11
-
$ per share
t per
Truck
38%
6
40%
38%
39%
*39%
29'%
28%
29
*29 %
30%
25%
24
24%
5%
6>/8
l
14%
15
14%
15%
14%
37
38%
38%
38
38
17%
18
18
18
17%
17%
y4
24
5%
5%
15
37
5
Sep
7
Felt &
26% Jun
9
stock
7%
6%
26%
7%
26%
26%
27
25'/a
26%
92%
92 %
*92%
94
91%'
92
5
22
22%
22
22
21 %
21%
16,700
7,100
1,000
1,300
14%
14%
exchange
38%
38'%
17%
21%
1
21
22
21%
21%
21%
21%
20%
Mfg Co
6%
closed
*17*8
17%
6'%
6»/4
6%
6%
armistice
26
91
93
21%
21'%
20%
20%
2,000
26'%
Day
2iy2
24%
25%
*90%
500
2,800
5%
38%'
17%
100
7
2,200
24
5%
14%
14%
*38
com—No par
Ferro Enamel Corp
Tarrant
.7
Shares
40
29
2
No par
the Week
share
'
Motor
Sales for
Nov. 12
t pet share
x25
26
26
Wednesday
$ per share
41%
29%
26
SALE PRICES
Nov. I)
41 %
26
Televis'n & Rad Corp—1
Federated Dept Stores
4%% preferred
15
1
HIGH
Tuesday
Nov. 8
t per share
20
60
May
25 Ye
Monday
Nov. G
93
7,900
•
220
1,100
*
20 y4
1,500
i-
46% May
42% Jun
104
59 %
53'% Feb
28
69% Oct
26
Feb
43
11
53
Jun
29
107% Jun
7
107% Aug
62% Dec
Sep
51% May
14% May
24
Feb
61
104
Feb
Feb
14
59 »A
Jan
14% Feb
20
20% Aug
Oct
30
27
42% Jun
14
Sep
99
Dec
30
May
41'%
Jan
30
Feb
26
13
Dec
17%
Jan
13 'A Feb
21
24
Aug
12% Nov
Dec
23% Feb
18
110'/4 Feb
May
14'%
Jan
9
91
40%
.
May
Dec
-
110
July
7
10
10
24'% Feb
27
26%
Jan
22
25%
Jan
Mar 16
10% Nov
12
8% Aug
9
'
'
—
May 27
Jun
*104%
104%
104 3 4
54
55
*54%
55
18%
18
18
*17'%
17%
30%
31'/s
30%
32
99%
98
98
31'%
31%
31%
900
13%
13%
13%
13%
3,000
13%
*13%
13%
13%
13%
900
24% .26'A
10'% 'U
£4 'A
24%
*25%
8,300
104%
32%
30%
32
99
98
98
33
31%
32
31%
14
14
14
14
14
14 Ve
No par
12%
13
13%
13%
13%
10
25%
26'/8
26
26%;/
10%
31'%
Power
Corp
Steel
7»%
__
__
Corp—
Machinery &
3%%
%
Chem
pfd
preferred
10%.
'
104%
100
700
2,400
7,900
•
120
10%
32%
30
32
29
30%
*89
90'%
*88
90
88
88
85
85%
84%
84%
82 'A
84%
83%
83 3A
960
27%
28
26
28%
25'A
26
26%
26%
3,300
24
24
23'A
23%
23
23
23
23
520
11%
10%
11
10%
10%
10%
11
8%
8%
8%
8%
8%
1,600
1,400
.
10%
10%
11
30%
31%
2,400
6,500
"
91%
100
*85%
86
10
27%
*85
89
10
*
—
25
Franklin Stores Corp—
Co
'
27%
*23%
•
24
_No par
11%
11%
1
___
8%
8%
45 Vu
45'%
50'/a
Feb
35% Feb
13
22
Jan
10
18
12'% May 18
Sulphur Co__
10
Froedtert"Grain & Malting Co Inc_<ir
Dec
39
Jan
17% Mar 12
24% Jan
5
Fruehauf Trailer
77
Dec
74
4
Freeport
4%
*98
*103
24%
10%
,
32%
*89
common
Francisco Sugar
47% Oct 22
31%
10%
32 y8
Corp__10
18%
18%
100
Corp
6% prior preferred
5
1
conv
3%%
Foster-Wheeler
May 15
Aug
104
54
17%
*98
10
84
*103
53 3A
18%
*32%
16% May 21
28
2,900
32%
Food
13
Sep
2,900
45%
32%
18%
103% Mar
63
45%
98
36'% May
liy2 Nov
Feb
62
44%
55
*54
55
62%
32%
Follansbee
May 21
25% Jan
104%
*54
No par
Food Fair Stores Inc
21
Sep
90
38 '/2
*104'%
:
62
43%
(
98
Florida
12% May 24
473A Jun 14
105
64
46
31%
12
10
61'A
45%
(The) common—No par
$4 preferred
No par
40% Jan
Nov
V4
46 »A
Flintkote Co
11
Nov
64
45%
18%
Florsheim Shoe class A
fc8
63'%
45'%
100
6
29
63%
45%
No par
21% Jan
9y8 Mar 17
63%
No par
__
Carpet Co
6
82'A Nov
May
23% May
12 »A May
(The)
Florence Stove Co
Dec
■
X104
Firth
10
25
preferred
First National Stores
July 12
36% May 26
15% Jun 24
32%
■
.
97% Oct
15% Feb
19%
4'%%
9
39%
May
49% Mar 16
21%
Fidelity Phen Fire Ins N. Y.:
Firestone Tire & Rubber com
*11
8%
45'A
.
1
46
45
8%
X43
45%
44%
ii%
11%
11%
11%
11'A
iiy4
20%
21%
21
21%
20%
21%.
20'A
21
x20%
75%
77
78%
78%
80
79
79
*77
common
preferred
43 Va¬
42'A
12
1
100
Co
8%
*11%
♦77
11
2,700
il
500
20%
7,000
' '79
40
G
8%
Dec
17%
Feb
6% Sep
21
10 'A
May 21
Gabriel
5% May
18 y2 Jun
10%
Oct
6% Sep
27
10 %
May 22
Gair Co
21
Jan
17% Nov
9
20
Jan
10
Nov
9
12
39
Nov
9
12% May
5
6%
Co
(The)
Inc
5%
17%
Feb
12% Feb
27
17'% July 21
Gamewell
22%
Dec
17
Nov
12
23'/4 Jun
Gardner-Denver
9%
Feb
5% Feb
11
Aug
43'/4
Feb
30
Jan
5
14'% May
10% May
23%
Dec
17 y4 Nov
16
Oct
11% Feb
26 %
100
Nov
48
Apr
XlOl
Dec
9%
58%
Oct
149%
109
102
Dec
13%
185
Jan
45
26 y2
13
18 'A
May 4
May 15
99% Mar 24
Oct
43 % Nov
10
100% Jan
6
8% Feb
28
Feb
146
Apr
1
105% Jun
4% %
(The)
30
Jun
Dec
18%
Jan
9% Mar 17
14%
Feb
9
71
Apr
37
Sep
83% July
47% Feb
23%
Dec
33
Feb
Dec
160
Jan
General
$8
3
15
72% Sep
23
82
Jun
29% Nov
10
44% July 15
18% Sep
24
24
Jan
2
9
144
Jan
28
X125
Nov
General
21
4%
4%
87
39%
Feb
31% Mar 11
43
May 27
General
Electric
45%
Jan
34
41
Jun
General
Foods
96
Jun
Dec
103
Mar 19
Aug
16% Mar
87% Nov
Dec
43
May
54% July
40% Feb
13
123
Dec
118% Feb
100
Dec
10%
131%
X122
Feb
Feb
9
97
9
Mar 13
Feb
8
2
$ per share
51%
n-
X
94
Jan
65%
129
.13% May
18%
13%
Oct
Dec,
19
125
26
Lowest
-
d per share
50% Mar 16
119
28
13
15% Jun
31%
Feb
19
Feb
120
Nov
9
Sep 15
4% Mar 11
Feb
95
Dec
106
Apr
9 8 % Apr
2
Feb
2018 Nov
10
85
Dec
108
Jan
80
81
Nov
98
Feb
72% Jan
3
23
General
29% May 18
30 % May
6
101% Oct
15
Jun
17
30
90
May 12
82% May 19
.
4'A%
Gen
9%
11%
11'/B
9%
10%
9%
10
4'A%
Jan
73
Nov
10
85% Jun
26%
Nov
3 9% Nov
10
28
58
Sep
48% Feb
27
55% July
7
Feb
4
124
Oct
113
33
Feb
xlC
Mar
1
Mar 10
Nov
10
6% Oct
122
Nov
6
28
1
24% May 17
47% Mar 16
64%-Oct
July
94% Mar 11
103 % Aug
11
Feb
38% Mar 17
50% Oct
23
Aug
96% Mar 18
105'A Oct
4
Jan
16% Feb
11
23% Jun
14
10
5% Jan
2
26
9%
*74
29%
29%
30
19%
19%
19%
1,100
19'/a
13,100
38%
38
38%
38
38%
38%
39%
5,900
—
No par
*89
31%
19%
•
9%
38%
'
30%
19%
11
*74
31%
19 %
"*
76%
31%
3,100
39
1
126
126
125
126
xl25
89
89
90
9%
No par
49 %
*119'/2
—
100
:
%
*
50
87%
125
87%
87%
121
120%
103
*101%
9%
9%
9%
50%
9%
9%
50
103
49%
50%
120%
119
76%
30
1,100
19%
*125
88
102
900
126
*88
60
92
400
60%
12Q'/2
S5'/2
No par
*14'A
14'/2
23'A
23 'A
13%
13%
Cement
1
Co„
Corp
1
-No par
_10c
a
.
11%
*20'/2
»
*120
Goebel
*20'/a
*121
25'/2
25%
1
26
126%
.
—20
24%
No par
*26
_100
Co com
*101 »/2
5
<
125
14%
20%
19
20
19
19%
121
121
*121
123
5
4%
24'/a
25%
25
25%
123%
125%
23%
25%
24%
24%
25%
26 %
26
26
24 %
26
25%
*101%
103
*101 »/a
103
*101%
23%
24
21%
83
*80
83
*72
76
.*72..
19 %
—No par
*78
No par
com
20%
50
1
Brewing Co
'
.
*50
5%
100
Inc—
*118
10
18'A
No par
com
.
No par
Goodyear Tire & Rub com—No
45
par
——No par
Gotham Hosiery
60
102
*101 »/2
No par
19
31
19%
20
*78
80
21
21
51
*50
5%
5%
121
*118
17%
18%
60'/2
102
61
*100%
90
80
78
78
21%
20
21
19%
19%
51
50
50
50
50
5%
5%
*118
17
56'/a
61%
*100%
103
44%
101%
'A
*101%
45'/a
101%
42
101%
*18%
19
•
5%
5%
*118
122
xl6
17%
56%
60%
101
102
330
83
30%
100
8,400
100
80
20%
8,700
200
51
5%
5%
4,400
,
122
*118
16%
16
-
9,500
19%
20
3,700
58%
5 8'A
5,500
>
102
102
101
——
■
92
♦49%
5%
;
„
.
*77
16%
3,700
76
19'A
122
57%
*80
*89%
.
700
—
21%
30'A
19%
*78
18%
1,800
2,800
103
♦72
.
76
30%
121
24%
125
20%
83
19
45%
19
*101%
21%
90
20%
*
2,900
26
29%
80
5,300
25
26
19%
19
10
4%
125
103
,
1,400
123
24%
91
*90
91
19%
24%
31%
29 %
31%
3,100
17,500
25 «/2
*80
76
7;900
1
3%
24%
20%
23%
*72
*90
24%
24%
124
123
'
.-700
4,900
,
11%
24%
24%
25%
125%
800
14
-
4 %
25%
31%
;
*800
,■
23'A
*121
123
4%
25
91
;
11 %-
4%
5
76,400
..
v
>14
---19
*80
31
3
-
83
*90
14
11%
76
1
..
••
3
11%
*72
5
day
22%.-
3y8
*80
par
,
-/
11%
100
No par
armistice
3'/a
25
23%
61%
96 %
11%
3
Shares
120%
12
3%
the Week
120%
,-,•-14
23-1;
24
103
;•
for
Sales
.
95%
i,
i
14
13%
15
Friday.
60%
closed
22%
100
—
—
23%
25%
26
126'/2
*95% '. 96%
13%
200
f per share
stock
exchange
*1201% 120%
95% ;.95% ',
!: 22 % '•23 %
190
105
Nov. VZ
Nov. 11
60%
59%
61%
120%. 120%-.•
t-14-"
14%
3%
11%
Thursday
I per share
I per share
14%
14
3'/b
21
59%
.
:
95%
23%
11%
123
61%
121
23%
<
25'/2
preferred™;
preferred
•-
No par
$5 preferred
$5
14
<•
4%
$6 pfd—No par
(B F)
"95%.
•
4%
Gold & Stock Telegraph Co
Goodrich Co
*120%
4%
common
Goodall-Sanford
<
10c
;
(The)
conv
60%
61 y»
120%
;.*95'A
120%
PRICES
Wednesday,
'
2,600
2,600
♦100
Nov. 10
$ per share
9%
48 %
119%
120
105
SALE
Nov. 9
iper share
$ per share
10
preferred
4%%
Nov. 8
-No par
com
Safety Razor com—No
Glldden Co
120
Tuesday
Monday
N»v.«
1
9%
48 Vj
9%
49
*100
102
LOW AND HIGH
$5 conv preference
$4.50
9%
48
119%
103
Saturday
"
preferred
Gimbel Brothers
May 18
*10%
9%
200
9%
158
*157
11 '/a
9%
—«
3,800
38%
preferred
3% %
Gillette
3
11
10
9%
159
■
'
45%
No par
preferred—
25
May 15
11%
44%;
'
9%
9%
*157
76%
*74
76%
*74
9%
159
*157
*11%
11%
43%
101%
49,800
STOCK
Tire & Rubber
39% May 21
96% Jun
2
24
9%
159
*157
*101%
46
105%
37%
General Telephone Corp
Gen Time Instr Corp com
14
109
9%
*102
37%
Refractoi;ies_;—
13
Dec
9%
-
26
Feb
-9%
159
11%
Utilities
Apr
13% May,
,
Nov
11
Public
17% Feb
61%
*9'/2
*157
44'A
104%
37%
series
Portland
27% Feb
71%
5
102 '/a
36%
Advertising
90
106
102%
*100%. 101%
—No par
Feb
Dec
*101%
102
♦101%
46%
46
*
38%
Corp
$3.75
Jan
Jun
95
Motors
103
Dec
102%
45%
47
105
100
30
Jun
102%
Corp
—5
Gen Railway Signal com—No par
6% preferred
100
23
22% Feb
Dec
♦101%
Public Service—
Gen
12
Feb
5% May
102'/2
46%
*101 Va
500
37%
General Shoe Corp
Gen Steel Castings
31% Jan
Apr
Dec
*101 %
Gen Realty & Utilities
132% Oct
30
49
Gen
29
13
19%
51 % May
7,300
39%
6% May 24
30% Jun 14
12
23% Aug 11
41%
128% Jan
24 % Nov
Jan
Dec
6,800
14%
30'A
38%
—
Gen Precision Equip
May 18
110% Feb
Jan
Jan-
99%
29
11
35%
Dec
17%
14%
30'A
39 %
preferred
Preferred
24
22% Feb
'36%
21
$5
18% May 27
4% May 21
12
124%
104%
General
1
13% Sep
2% Feb
36%
17'A
15
Par
1
»
11 % Nov
Dec
22%
Nov
Feb
May
Apr
85
66
Jan
105%
17%
14%
( per share
4%
Dec
17%
15%
102 y2
com—
Corp
YORK
General
17% May
30%
18'/a
15
EXCHANGE
25
101%
90
NEW
Highest
25 '/a Oct
23% May
30 Ve
17%
15%
*32
38%
preferred
conv
11
40%
31
18%
15%
preferred
16% Feb
21% May
31
18'/4
15 '/2
.
32%
600
18'/2
—
common—
Gen Outdoor
26%
.
6,600
'
No par
3 3/s%
10
Oct
700
6%
15
126%
5%
nv* Jun
29%
17'A
6
*125'/2
3
12% Mar 17
6%
17
6'/a
100
2
14
140
*14
17%
6
20
Jun
16%
Oct
14%
17%
6%
31%
108
99% Jun
3% May
18% May
♦13%
17 Vs
6%
76'/4
128% Jun
125% Jun
May
14%
17%
6%
*19%
10
7
4
14
18
6%
900
1,700
*30%
25
17
2% May
Dec
14%
*17%
6%
10%.
41 %
'
Oct
11%
14'A
15
17%
10%
32
General Instrument Corp
93% Feb
;
*40
<■
*74
General Mills
?0% Dec
26 - Feb
'<
.
Feb
Mar
40%
50
17
107% Sep
19% Jan
,
Dec
10
39%
6%
100
25
Bange since Jan. 1
Highest
,..420'/2 Dec
*9%
42
STOCKS
Year 1947
I per share
10%
No par
Oct
Bange for Previous
Lowest
10
39
15%
1
Co
$3.50 preferred
10%
42
18 %
:
13% Jun
53
600
10 %
_5
2nd preferred
Cigar Co Inc com
preferred
Dec
8,600
41%
No par
com
conv
May
34%
1,100
6%
18%
6%
32
Corp
General
7%
6%
6%
*17%
6%
18
10%
*14'A
\
No par
Corp.
1st preferred
6%
*17%
1.66%
common-
Cable
7
6%
7
corn—1
preferred
General Bronze
July 14
Co
7%
17%
42
*17'A
*
l_100
Baking
7
6%
17%
10'/2
—50
American Investors
Amer
Transportation—5
$4.25 pfd series A
No par
3
Nov
preferred
7%
7
17%
42
1
com
$4.50 preferred
1
14'A May
May
..No par
Inc
General
11% July 13
159
6%
17%
No par
Co
Industries
conv
General
May 12
8
32
Co
Wood
'A
6%
18'A
i„_50
Gaylord Container Corp
63% May 15
106
11
137
Gar
May 20
10
Dec
July
16
9% May 20
*7
7%
6%
*17 %
5
com
preferred
conv
*7
1
20
com—
Gamble-Skogmo Inc
Aug 19
48% Aug 19
*
14% May
4% July
1
(Robert)
preferred
.
400
x41%
102
42%
42%
42%
11,100
xl01%
45%
101%
101%
101 Ve
600
17%
18%
18
3%
3%
3
19
19
18
1,000
•
.
'
:
-
■
.3
8%
May.
5%
Dec
■
Oct
3
8% Mar
Nov
5% Feb
17
8% Apr
Graham-Paige Motors
1
—
23
Granby Consol M S & P
15'% Aug 20
18
Oct
20
Grand
12% May
21%
Oct
18
Feb
11
35
Oct
22
Granite
23%
33
Jan
24
Feb
16
31
May 26
99
Jun
15
14% Sep
2
"
Dec
90
Dec
\9
May
14%
Feb
Dec
3 7'/a
Feb
29
17
Sep
12% Jan
19
49%
Feb
36% Feb
11
28
107
Dec
12
34% May
20
Dec
133
Dec
59
May
29%
14%
9
Oct
Dec
July
,
Mar
27% Mar
89
Nov
8
9% Mar 16
Mar 27
40
July 14
15% May 21
50% May 15
23 ye Jun
1
3%%
Co
6%
16%
16%'
16%
16%
16%
29
29
29%
27%
29'A
27%
28'A
27%
2 8'A
24%
24%
24%
25
24
24%
24'A
24%
24
90'/2
89
90%
11%
12%
12%
5
common
100
10
77
Jan
27
Green
Bay & Western RR—
35% Aug
21% Mar
29% Feb
21
40% Jun
9
Green
(H L)
13% Sep
24
17'A May 17
12
10
Dec
105%
Feb
8%
Nov
9
98
Jun
10
Jan
91
5 % Mar
9
4
25% July 12
9
Jun
14
78
May
6% May
95
Dec
85
7
97
14%
Feb
12% Nov
9
20% Jun
23
31% May
51
Dec
44
Feb
10
58% Jun
16
57%
76%
Deo
57% Feb
10
81
Jun
21
16%
Sep
14
Feb
Jan
2
July 21
18% July
9
(The)
Common
4V*%
Aircraft
conv
Sugar
3
Corp
1,800
100
36
-
14%
14'A
13%
14
14%
14'A
2,300
43'A
39 %
41
40%
41%
9,400
19
19%
19
19%
19
19%
3,600
X43
*71
135%
*71
76
135%
76
*135%
*71
136
136
76
*71
76
35
34
120
136
34%
35%
35%
35 3 a
35
35%
34%
15
14%
14 3 4
14%
14%
*14)4
14%
14%
14%
10%
10%
11
10%
11
10%
10%
10%
10%-
93
92
3,100
* '
500
*90
28,400
40
91
92
91
91
91
91
19%
19%
19%
19%
17%
19%
17%
18%
18%
9,500
6y8
6%
6%
ey2
6
6 Ve
6%
6y8
6 Vs
2,100
95
93 y2
93%
93
93
14%
14
14%
12%
14%
12%
13%
13 y*
13%
46%
48%
48'%
48%
*92
No par
No par
■,
12%^
1
100
RR com_No par
(Gulf States Utilities Co
100
90%
—10
Corp
preferred
Oil
10%
common—
preferred
Gulf Mobile & Ohio
Gulf
35%
*14%
„
Guantanamo
$5
1
No par
76
12%
*33
—
preferred-——
Grumman
$5
*71
;
Greenfield Tap & Die Corp
Greyhound Corp
May 17
Inc—
100
-
40'A
135%
*132
*90
90%
12'A
36
19%
135
—100
12'A
43
1 35 %
Apr
13 %
35
<90%
*33
14%
19
preferred
12%
35
800
3,400
3,100
24%
36
45%
No par
13%
91
12 %
...
14%
19'A
13%
*90
.
.
35
36
19'A
60
5
*35
44%
Feb
Feb
11%
No par
27
Dec
*89
1
com
i.
Sugar com
Co
1,300
17
28%
Feb
70
6
7'A
Great
7%
29.900
3%
16%
132
17
6
:
16%
Jan
145% Jun
6 '/a
a
*6%
5
163 %
X6
C
6%
Gt Northern Iron Ore Prop—No par
Gt Northern Ry 6% pfd
No par
Western
6%
3%
16%
No par 1
pfd
.
6%
preferred
conv
3%
16%
Grayson-Roblnson Stores
$2.25
3%
5
City Steel
(W T)
3%
new—_10
(The)
Nov
4% May
Apr
13V*> Dec
Grant
Co
19
17% Nov
92
Union
3%
*93'/2
,
13%
92
95
92
.
50
23,800
•
r
500
50
50%
68 '/a
50
69%
50
25
68%
69
65 Vt
51
68%
65 y#
66%
66'A
66%
21,400
i.;No par
*16'A
16%
16'/a
16%
16
16'A
15%
16.%
16
16 V*
12,600
!
*49»/2
1
For footnotes see page 26.
TT
2jO
COMMERCIAL
THE
(2020)
Highest
Monday
Par
Wednesday
Tuesday
Thursday
Nov. 10
Nov. J)
$ per share
$ per share
PRICES
HIGH SALE
LOW AND
Nov. 8
Nov. (i
Sper share
S per share
< per share
Sper share
Saturday
STOCK
EXCHANGE
Highest
Lowest
YORK
NEW
Range since Jan. 1
Year JW47
Monday, November 15, 1948
RECORD
STOCKS
Range for Previous
Lowest
STOCK
YORK
NEW
FINANCIAL,, CHRONICLE
&
Friday
Nov. J1
$ per share
$ per share
Sales
Nov. 13
I. per share
for
the Week
Spershare^
Shares
„
H
Jan
39
321%
Dec
14
Jun
13
Dec
19
87%
Dec
112
Feb
31
15®/a Nov
Jan
12% Nov
10
Feb
191/4
10
79
Feb
Dec
108 %
Sep
Xl01% Feb
19 %
Apr
271/2
Dec
21 % Feb
148 V2
Oct
160
39%
6% May
Feb
100%
23=,« Nov
Jan
10 %
Apr
75 %
Dec
12
6
May
4% May
9%
"5% Sep
10
9
Feb
6=8 Feb
11
Oct
6'/2 Feb
25
Dec
35%
30%
Jan
90
Dec
103%
35
May
42%
x95
Dec
Mar 10
x20
Jan
May
4
27 '/a Jun
9
6%
5
10*8 Jun
11
preferred ——
Hayes Industries Inc...
91
Jun
42
Jan
July
23
103
10
50%
63
Feb
43 ',4 Nov
10
Feb
21
25 % Oct
16
134
Mar
121
Dec
38
118
Oct
134
Sep
Sep
114
20
Sep
Mar 22
12
24
Oct
27*4 Jan
*8
8'4
8 Vb
8'/a
7%
8
8
8
9%
3*4
9
8*«
t%
8%
8*4
1,500
*
6
*62
100
65
10
8 %
800
9
8%
8%
12.000
20%
21 %
20%
20*4
20%
20%
2,800
22*4
22 %
22%
22
22%
*21%
22 %
700
preferred
.100
—25
100
'
new.,—.10
*
iH J)
Co common
preferred
(G
Wi
common
preferred
non-cum
*83
2
*93
85%
*83
85%
*83
85 %
36%
*35
36%
*35
36 ',a
*35
36%
98%
*97%
98 %
*97%
98%
*97%
98 V
'•
24
*
121%
*121 Va
123
27%
27 >4
*115%
116%
13%
43%
45
43'%
*121 %
27%
27%
115'%
.
20
*18%
*34%
14
123
44
35
14
45
44
24
35
14%
14 %
24
35%
*35
14%
44
'
23%'
237»
24
25%
14%
-
No par
No par
115 %
23
27%
27%.
*19
19%
19%
19 V
20
78%
*77%
79 %
*77%
14%
10
10 "s
10 Va
10%
10 Vb
10%
10
*31%
32
29%
*12%
20
27%
400
"
100
19
19
*78 »/Z
700
19
19
19 Va
5.200
117
*115%
29 %
13
900
123
*27
*
IOVb
32%
70
.
45
79 Va
19
19%
19
600
*4
35
20%"
19 %
78 %
18%
23
*121%
121 %
115%
...
98'4
43%
20
a
:l4
23
78%
19*4
Heyden Chemical Corp—.....,—1
3,.%% cum preferred
100
1
*13%
45
115%
,
••
*34V2
.
.13%
27%
115%
a
23
35
121%
123
*27
115'
4
*77
5
—;
85%
*35
*35
——.100
Inc
*83
36 V '2
*97%
new...25
—4
preferred
£5%
*25 V a
Motors——.——No par
Hewitt-Robins
2
14*4 Jan
65
"
21%
*'5 l/c
25
Nov
24
*62
*5%
21%
Co
Glass
Hershey Chocolate com
$4 conv preference
:
28*4 May 20
86 '/a Jun
150
24
6
'
4
Hercules Powder common.—.No par"
2
7
147
25
*22 Va
7%
30% Apr 10
123Va July 27
9
150
2,oOJ
21%
Hercules
6,
9
Oct
78
70
200
23
21 %
Hclme
22% May 21
18 ®% Mar
22%
21%
3.65%
30
18 % Nov
Jan
500
21'4
3%'/'j
29
57'/* Apr
128 '/a Feb
■
•
79
103*8
*5%
65
65
1,000
5
Heinz
May 28
35'/* Oct
29
67
22%
25,500
i3%
79
103*8
23%
6
*5%
17*8
14
131/4
ARMISTICE
DAY
U47
25 Vb
25 V«
6
i
.
81
22
150
*147
25%
*65
23
x22%
150
2
lz
JL4-.4
*79
xlht%
500
17
14
15
Hazel-Atlas
2
95% Jan
23 Va
»%
i
80
104%
33
*31%
.
CLOSED
Hecht Co common
25
13
%
80
6
67
32
lu-l
25 V
6%
°8
*
EXCHANGE
13%
81
*147
.25%
*65
17
105
23
150
25**
*0
—1
2
Mfg Corp—
Hayes
5
26 % Jan
:
,.100
4%Vl>
11'/a Jun 10
*147
.*—100
Marx..-16
&
Jan
79
27
13 % NOV
preferred
Schaffner
16'a
12%
*80
105
23%
Corp of Amer c'.ass A—1
Hat
STOCK
17%
14
*104;
79%
*104
32
15%
13
13
13
13
"19
'
32
18%.
13%
17%
*13 Va
com—No par
Refrac
Hart
18%
13%
1J
100
$4.23 pfd—No par
Co
A)
4
Jan
1
No par
preferred.'
(M
18
5
x32
33
*32
32'4
32'/*
13%
Cementing—5
7% Jun
78
Oct
vVeli
Harbison-Walk
150'/a Jan 28
34'/* May 15
35'% Apr
Nov
Fi
conv
Hanna
16
Feb
Feb
29%
Jun
(W
Hamilton Watch Co com,
12
Jan
Apr
22%
Dec
Printing Co___
27 % July
14% May
29 %
On
Hall
28
23
126
Halliburton
20*4 Oct
35
Sep
15
107
11
65
Water
89
27'
Nov
22
108
24'
146% July 30
Jan
28'% May
10
Hackensack
16'/* May 22
xl47/a May 21
Mar 22
102%
15
22% Sep
9
12 ®2 Nov
—25
35'/< Oct
10
2,200
79%
20
~
10%
14%
Jun
Dec
10
Hilton Hotels Corp
Dec
28
Mar
37
Jun
13
Nov
25'/* Jan
2
Jan
21 Ms Feb
20%
Oct
17
25
Jan
Apr
Co
(C
29*/* May 20.
Holland
16 Va
Oct
11
&
Hires
1
Nov
31%
Jun
221/2
Dauch
Hinde
33
X29 %
21% May.
141/4 May
26
<
Hollander.
May 17
15% Feb
14
30*4 Jun
25*4 Nov
May
12
35V4
Jan
4~r'
Jun
31 Va Nov
10
30
Nov
36
Dec
25 % Nov
10
35*4 Jun
1
Hooker
19%
Feb
11*4 Nov
10
18*4 Jun
9
56
Feb
14
Houdaille-Hershey com..,
$2.25 conv preferred.—
36
44
Dec
34 % Sep
20
46 % Jan
28 'A
Jan
Oct
27
Nov
10
34% Jan " 2
85
Dec
105%
Sep
81
Oct
19
94*4 Jun
37% May
'
45%
Jun
38
Mar 12
16%
Jan
20 V*
Dec
28%
Oct
Feb
38*4 Jun
38% Mar
26
23
Jun
7
Howard
Jan
31
47
Jun
9'
Howe Sound
33
10
23 V*
13%
.
13 %-
12 V*
21%
22%
21
22
20%
21
28
27%
27%
26
26
26
26%;
31%
31%
31%
31VA
31%
31
%
31%
31*4
27%
27 %
27%
*26%
27%
25%
26%
*25%
No par
50
12%
13
12%
13
12 Vb
12%
11%
12 %
11*4
35
*31%
35
27%
:
-27%
27%
27 Va
27%
27
27
81%
81%
'
82%
82%
*29
*81 Va
82%
82%
82%'
47
47
46 %
47 !4
46 %
45%
46
33
•
46
34.
*30
,,*32
P
':
32
5,500
1,000
12
6.800
.35
28'%
: *82
1,700
.
82'%
■
Stores
30
16 '%
16 VB
41
Corp..4.—
_1
Coi—4—4—...—5
30 %
29%
41%
*15%
29%
28 V'4
29
27%
16%
16 Vb
16 Va
15*4
45
45% *
40%
42
39%
1,800
*
Va
28%
16
41*8
41
29'%
16,200
16
,16
700
41%
t
'
41
40
'
'
"
29
.
900
26'%
-
28
.
1,300
25%
25%
31%
*31
100
20%
27'%
"*27%'
700
2,200
12%
*20
;
100
13
23 Vb
*11%
,
5,700
301/2
23%
,
13
*11%
12%
23
*29 %
*12%
23%;
23
24 %
.5
Co—
preferred
...100
Houston Light & Power—....No par
Houston Oil of Texas v t C—4—25
11
20*4 Feb
*12%
*30
10% :
10
27%
3% '/a
25
13%
13
*12*4
"24%
24%
*22
Household Finance com...—_No par
7
15*4 Oct
Dec
29
.
31% May
.
49
Electrochemical
24*4
*12%
5• *
preferred——:.^._,30
Mining—.
%_—12.50
conv
"13%
32%
13%
13%
24%
5
;
29*4 Oct 25
42% Feb 24
13% May
'•31
!
1
:
Co
'Corp.,—....,i..,—10
Holly Sugar
5 Yc
The—
(A) & Sons..*.
Homestake
28
*
Co..—10
Paper,
Ei
Furnace
5
L—
'42
5,100
'
3
7%
May
12%
Mar»
3*4 Sep
29
8*4 Sep
•34*/« Jan
28
20
50
21%
Oct
13*4 Nov
9
30
May
3% May.
Jan
7%
12
Sep
21
2% Nov
Feb
10
12
—-
% Sep 27
.
19
Hupp
30
May
$ per share
1
$ per share
39% Aug
$
per
30% Apr 27
35% Jun
Dec
27% Mar 16
Dec
62 % Feb
90
97
Aug
95 % Mar 16
26%
Dec
24% Jan
22
July 13
97% May 17
37% July 12
26'% Aug
11
30
7% May
11%
13
*12%
2%
13%
9%
X45
11
*
Idaho
24
Power
Co..
—3—20
May 26
Dec
9% Feb
11
12% Jun*
3
Illinois• Terminal RR Co—
Dec
30'%
Jan
20% Feb
17
25% Jun
9
Indianapolis Power & Light—No
17
July
10 Vb Oct
22
15% Jan 2a
Industria Electrica De
x35'% May
50
Dec
56
Industrial
39
Feb,.10
Jun
3
share
SALE
31%
33%
32 V'4
29
31%
:29%
78
80
78%
79
'
*78%
98
*96
98
/
98
'
29
*96
*28
*27 %
28%
26%
27
27 V4
27%
26%
27.V4
*96
33%
60
Dec
33
Apr
180%
27'%
27%
Nov
10
150
Feb
Feb
10
'
nr.
10%
21»4
21 %
21%
21%
*9%
10%
*9%"
10%
——1
42%
43%
42 Va
43
5
9%
10
'
76% Jun 11
160
97
65
*152
157
15% Feb
11
Inspiration Consol Copper
Insuranshares Ctfs Inc.
17%
17%
17%
11
21% May 27
8% May 24-
20
6% Feb
i,„l
*7*4
8 Va
*7%
8%
28
23% May 15
Interchemical Corp common
5
4 % % • preferred—'—
100
H$ercontinental Rubber.—No par
Interlake Iron
.1 ...No par
16%
16%
16%
17%
95%
Mar
92% Sep
.
28
1% Nov
12
11% Feb
Feb
July
Sep
11
103
Jan
8
3% May 18
16% May 24
125% Feb
10%
Jun
10
155
26% Sep
186%
27
x34%
Jun
11
18
174% Jun
H
'
160
Oct
-Nov
In FT
1
Machine
Business
Int'l Harvester
I'/c
i
*94
14%
*144
149
27%
i.100
161*4
:
Feb
5% Nov
9
9Va Jun
24
Int'l
Hydro-Electric Sys class A—25
Oct
23% Feb
11
38 % Jun
0
Int'l
Minerals
Chemical com—..5
27
96
Jan
28%
162
6
34%
76
Dec
74
Feb
9
3 V4
Dec
5%
Feb
3% Mar 16
25%
Dec
36%
Feb
24% Mar 16
130% July
38% May
9
137
Dec
135
Jan
2
93
Jun
5% May
34% Oct
139 '/a
July
59%
Oct
42% Mar 17
64% Jun
107%
Dec
Sep
86
99
Feb
28
3
4%
20
'
1
73
*54
60 Vb
.3.No par
*41
42
10
24
64
Jun
2
Jan
Jan
Salt.,..—
45
Dec
63% Oct
39% Mar 16
45
12
International SJioe."
40% May
43
M*r 12
65% July 12
International Silver
32
40
30
Mar
35
54%
*96%
*7=t
preferred
L—L—:
—.25
International Telep & Teleg—No par
Jun
9% May
9% May
19
Apr
May
20
,
Feb
Jan
•
Mar 31
17%
Feb
17%
Feb
10
Feb
17% Mar
9
26%' May 27
27%
Oct
22% Mar
1
35 V* Jun
9% Nov
10
29
Nov
10
Nov
9
Aug
137% Jan
16
Fob
5% Nov
10
24% July
104% Feb
19V2 Nov
3
158
14
39% May 20
145
share
Foreign
Interstate
,
ctfs._^_
Dept
Intertype Corp
Island Creek Coal
May 25
$6
Jun
19%
Dec.
80%
Dec
39% May
13%
53
82
Jan
89
Dec
104%
May 27
Jacobs
Jun
46%
Dec
125 Vb
Oct
24 %
Sep
98
Dec
112
Jan
145
Dec
151
Dec
27% May
86 Va Dec
25V2
Jan
20% Feb
99 Va Oct
Jan
19
42% Jun
11
9
35
Oct
28
28
106
May 21
29
158
Jun
11
Feb
29V4 Mar 16
101%
Feb
83V4 Feb
6
39% Oct 23
93% Apr 16
40%
Oct
30% Nov
3
43% Jun
1
Johns
9%
20*
10 V4
43%
39%
4%
5%
Joy
42
17%
Io%
"7*
65
»* 9 %
10%
1,700
5,400
41
40
i
%
1,700
39
39 %
10.200
1 (*/8
.10 *'2
16"/«
16%
17
7%
7*4
7%
8
94
60
60
*152
157
157
16
16
94
*92
300
16
94
.
7,600
7%
16
16%
148
•
149
28%
162%
*78
27 V*
163%
5%
94
,
*96%
7%
74
*55
2
2 '/a
14'%
;
2
13%
.
149
146'%
27
28%
164
5%
6
25
27'%
3,600
110
.
26%
78
5*4
4.900
26%
4,500
78
3%
29 "4
*137%
138
138
53%
55%
96%
97
.
53%
*94
80
a,7 3
30
*137 %
4'%
4
60
100
4
6,500
25.100
30'4
137 Va
99
137%
30
54%
54'%
30%
55 VB
31,800
*94
200
98
7 %
8
74 Vb
260
5%
4'%
98
21,000
25%
30 V2
55%
900
27%
164
163
5%.
3%
138
2.000
12.900
146%
146
163 Vb
2
14 Vb
25%
25
80 '/a
13%
148
29%
4
30%
1%
13%
27%
162%
*78
28
82
3%
13%
*146"
28%
163
6
6
27%
55
2
2%
14%
7%
73 "2
731/2
72
73 %
72
72
58%
*56
60 %
*57
60
41%
41
41
41
41
53 'i
54
*32 %
34
*7%
7-/4
7%
7%
1,300
.
*54
41
41 Va
41 Vb
59
59
x54 %
56 Vb
34
*32%
34
,
> '
•
-
54%
9%
10%
10%
10
10'%
10'b
20%
21
20
20%
20 %
20 Vb
21
21
27
27%
27%
27
27
25%
26
1,900
IOVb
20%
9%
31
29
31
29
*138
143
*138
%
*32%
-
10'%
30'
10
29%
b
*138
M3
34
10*8
*25%
•
420
800
54'%
IOVb
143
60,500
1.309
-
'
1,400
26'%
1,000
29%
1,400
143
' ■'
'
1
9%
20%
40%
31
1.100
Co
9'/a
20%
t
39%
*138
6%
>
—.100
preferred series A
100
11
-27
& Johnson common... 12 % 1
2nd preferred series A—_ 100
Manufacturing
9*4
Gi'/a
60
*15'i
32
Johnson
3,o00
40 %
143
Joliet & Chicago RR stamped,.—100
Jones & Laughlin Steel com..No par
2,800
UVa
6%
6%
*19%
85
5%
19%
20
19%
19%
*19%
20%
84Va
85
84
84
*83
86
6%
5%
6Vb
5%
108%
*31
45
45%
45
45
4.4%
45
45%
92
* 37%
91
91
90'4
90%
91'
91
*90%
38
108%
32
"3T
108%
6
5%
2C
85
46V4
*45
preferred—*90
preferred.J
310
27%
t
10%,
*20%
Manville Corp com—__No par
3%%
26%
10%
Jewel Tea Co Inc
113% Jun
1.300
98
*26%
.
11%
20
3*4%
ARMISTICE
11
86
May 11
31.900
DAY
*9%
32
-—No par
3,700
30 %
81
11
1
com
32%
29%
*96
20%
20*4
*138
v
Shares
79 7b
,STOCK
10%
*19%
99
145
'
'
32 Va
for
EXCHANGE
*32%
.*84%
27
11
J
Co
$ per share
tper share
97
97a
:l
Jaeger Machine Coj
Sales
the Week
CLOSED
27
27
—50c
common,
Friday
Nov. 12
34
Jersey Cent Pwr & Lt 4% pfd—100
May 28
Sep 20
58 %
92% Jan 30
48
33 V4
(F L)
98
—No par
18
100% Feb
341/2 July
39
14
89% Oct
Oct
108%
23% Jun
39% Feb
Sep
37
May 15
10
55%
8V4
58
No par
preferred
1,000
*32%
Stores—-—No par
%
No par
;
6%
25
common.
7c!o
16% Jun 24
16 % Jun 24
26%
•
143%
4
2
14'%
*137 %
*72
Nov
52 Va Jan
*94
138
138
.No par
72
Feb
-
<152
45
44 V4
30%
International
Feb
37%
100
International
3%
Int'l Rys of Cent Amer com..No par
5% preferred
'
100
Feb
i
7,000
44%
157
<152
*
31
14
May 20,
107% Jan 29
16
9
82
3*4
30%
'
1
*78
1
com.. No par
Corp
Paper Co com-.-j._15
$4 preferred—___—_—No par
116
7% Nov
...—100
6
27%
July 22
Dec
58%
Mining
Int'l Nickel of Canada
Preferred
2
1/
preferred—
International
23
May
Apr
&
1,000
2%
12%
'
2%
13%
22'% May'
•
95%
*2'%
No par
.'
<45
44V4
..No par
common
preferred..
V4.
30 V*
.
.26 V4
157
-94.
7
May
'*
16
15 Va
Dec
46%
63
Feb
108
3
May
9% May
104
65%
'1
8,%
100% Dec
94 %
65
•
25
16
6
65
..100
No par
common
Jun
6%
32
10%
-
40 '/4
17% Nov
12'% May
6% Sep
163
/.No par
preferred
Inland Steel Co
Ingersoll-Rand
Thursday
Nov. If
'
80
21%
9 %'
20%
•.*9
'47% Nov
Oct
'
2%
12%
Va
"
34% Mar 10
42
12'/4
5,000
18.900
'
*
169
12
2%
12
$ per share
33 Va
32%
14'%
.
PRICES
3"l%
'
14 %
Nov. 10
t per share
900
44%
Wednesday
31%
par
Rayon
HIGH
33%
31%
*79
S A—
Mex,
AND
4.&00
,
9
9
44%
12%
2%
12%
81
32%
Illinois Central RR Co common.100
6% non-cum conv pfd ser A..100
Leased lines 4%.'
—100
RR stock ctfs series A
3.1090
Illinois Power Co
.No, par
$ per
X12%.
3
13
Tuesday
Nov. 9
Nov. X
t per share
12%
;
14 %
2%
Monday
No/. If
14
4'%
4%
%'
44%'
12%
LOW
Saturday
9
9
44
15 V a
12 Va
3
12%
12%
4%.
4'/2
9%
46
'
13*4
13%
3
2%
*12*4
Jan
12 Vb
*12 Va
,
Par4
42% July 14
64%
15
•
15%
1
share
32V4
x21
15%
Exchange
,
18 Va May
37% May
93
Jan
Jan
15%
Co——No'par
NEW YORK STOCK
Range since Jan. 1
'
Highest
Lowest
Highest
share
10 %
49
STOCKS
Year 194 7
! per
.
10
48*8
4%
4*8
4%
9%
48V4
147'«
Inc—-—6.66%
Corp
Hussman Refrigerator
Range for Previous
Lowest
4
4
9%
par
Hunt Foods
14*4 Jun' lfi
4
48%
•'
par
Hudson
14
Apr
8
May 17
.5
Ltd..No
Motor, Car_L.44__4._No
Hudson Bay Min & Sm
4
c
'non-ciim preferred..—f. 100
5%
3
Nov
22*4 Jun
Hudson & Manhattan common—100
6
14*4 May
Feb
43%
•
15 % May
.
7
Feb
13% Mar
May
7% May
33
38»/b
108%
35*4
107
37%
108
35%
107
36%
36%
*105
107
32
32%'
*100
101%
*100
101%
*100
101 Va
160
*155
160
*155
160
31%
32
31
31%
31Vb
90
36*4
9,800
108%
600
32
101 Va
160
155
34
34
34'4
32.
34.%
32%
32%
32%
87
86%
86%
*85
33%
*85
30%
87
31%
85
32%
87
32%
85
33
31
31%
s
3214.
31%
70
800
91*4
*155
*86
400
45Va
*100
33%
3,800
100
100
*155
2,300
10
160
33
30,800
300
5,600
K
14
Jun
94
Dec
16
May
22%
Feb
13% Oct
16
21
May 20
98
May U
48
Oct
22
Kansas
60% Jun
22
4%
Kansas
108% Mar
29%
x89
Dec
Nov
9
23% Feb
11
47% May
13% May
58% July
18
Nov
14% Mar 17
18
20% May,
20V2
21%
Feb
20% Feb
20
Oct
16% Nov
10
26% July 13
22% July 12
13%
Jan
Kalamazoo Stove & Furniture;.
48% Mar 12
For footnotes see page 26.
May 22
3.80%
10
14
14
preferred ——.100
*90
91
City Southern
non-cum
Kayser
(Julius >
B
com—No par
preferred&
100
Co..
Kelsey Hayes Wheei
Class
13%
14
14
x89
13%
89
13 Va
800
*13%
14
91
*89
91
10
13%
.
.
,
City Power & Lt Co—^
conv
5
class A_1
L—k
1
*90
39V4
40%
*54 %
56%
*54
15*4
15*4
*15%
25
25
17'%
17%
39*4
92
*89
40%
37
40 %
37
38
38
39
14.000
56
54%
54%
54
54
54
54
600
15%
15%
15*8
15%
15*4
15%
1.400
25
25 V
a
24%
25
24 %
25
25%
25%
2.600
17 Vb
17*4
17'%
17%
16%
16*4
16%
16%
1,500
16
Volume. 168
Number 4751
THE
COMMERCIAL
NEW
Range for Previous
$ per
Range since Jan. 1
Lowest
Highest
share"
41% May
share
Sper
t per
NEW
Highest
share
Dec
11 %
27%
Feb
Dec
103
42 % Feb
Jan
116%
13
12
51
10
16% Oct 20
24
May 24
Feb
19
Feb
11
92
Oct
27
May
20
Feb
Jun
65 ft
25
85
Jan
63
38'ft
Oct
29% Feb
May
11'ft Feb
102 ft Aug
90,
Dec
34
Jan
40
Oct
45
Jun
59
Feb
40'/4
Apr
52%
Oct
19
Mar
8
11
YORK
CHRONICLE
STOCK
Saturday
Monday
LOW AND
Nov. 6
60% Oct
23
Apr
20
104% July 14
14 ft Jun
2
75
Jan
2J
89
Nov
9
32
Feb
13
39% Jun
45 ft Feb
16
58'ft July
40% Nov
12
49
"■»
Kennecott
Kerp
4ft'
Klnhey
3
Oct
8
22
'G
4ft
Kress
(S S)
Co
Thursday
55%
55 ft
56 ft
53
56
53%
44 ft
43%
44
x41%
41%
EXCHANGE
14%
14 ft
14
14%
13 ft
14%
CLOSEb
20 %
20%
20 3 a
20%
20%
20%
21
96
95
96
94 %
20
*94
1
*11%
common———„ 10
34
34
—100
90
90 ft
L
37
10
& Co_——.
*
N,o par
95-
94%
95%
*11%
12%
11% *
11%
67 ft
67
37
3,800
67
34 ft
33 %
34%
32 %
33%
91
89
90
90
37
35%
90
36%
36%
.
36%
96
180
*11%
13
400
*66 3 4
67
10
32%
„
36%
54 ft
55 ft
x54ft
54 ft
53
54
52%'
*43%
45
42 %
43 ft
42
91
36%
53
44
82 ft
89'%
43%
-No par
1,800
2,800
20%
95
DAY
*66%
*89
37,000
13%
ARMISTICE
12%
67ft
12%,
54
42%
13%
20'%
34%
68%
53%
Shares
-41%
•
*66%
12%
*68
52
the Week
1 per share
STOCK
44 ft
14%
for
Sales
Nov. IT
t.per share.
44 ft
No par
■Kroger Co (The)
Friday
Nov. U
* per share,
14%
common
Co
(S H)
$ per share
55'/a
100
preferred
Kresge
$ per share
*43%
com—No par
$5 prior preferred—..:
Koppers Co Inc
Wednesday
No.v. Id!,
Nov. 9
—5
uo new
Corp
R)
S per share
HIGH SALE PRICES
Tuesday
-
No par
Co
nreferrecj
2nd
conv
Nov. 8
No par
Land
o„vel ki wire
Kimberly-Clark
»'
j
.
Copper
County
Keystone
2
37% Oct
•
Por
21
(2021)
RECORD
STOCK
$ per share
13 ft Nov
21%
YORK
EXCHANGE
41% Nov
52 ft
-
FINANCIAL
STOCKS
'
Year 1947
Lowest
&
42%
5,800
260
37
3.5Q0
52
•
52%
1.300
40%
41%
2,200
5%
11,0.00
L
4% May
9
7
Feb
4% Feb
x6 % Nov
Dec
10
14
Jan
Dec
20%
44
Jan
May
'14%
Feb
Jun
49ft
56
18
Feb
11
10
12
20
Oct
24
9% Mar 12
42
Oct
1
4
14% May 15
53% May 17
29% May
47
May
56%
Feb
35
Mar 19
21 J/4 May
30%
Feb
23
Feb
27
95
Dec
'
101
Apr
95
Sep
14
12'ft
Feb
10
Feb
11
44ft
Jan
8%
9ft May
30 ft Jun
Feb
4
ft May
ls8 May
3%
35ft Mar
30% Mar
Feb
Feb
Feb
5% Jan
19
May
50%
Feb
41% Feb
24
Jan
8
9
30
12
26% Jun
Feb
16% Feb
20
Feb
45% Nov
9
Apr
8% Nov
Oct
96%
Jan
82
191% July
157
x48
Dec
12%
63
Aug
35'ft
May
30ft
Jan
7 8'ft Dec
10% May
18% Dec
109%
Feb
28
25%
5
*37
3D
38
37
37
36%
23
23 ft
95
Sons, Co com--—3
&
preferred
*22 ft
23%
oqo
100
Lehigh Coal & Navigation Co—._10
96
23%
*92
23%
96
11%
11'ft
11%
0
May 20
14
Portland
Cement-—
Lehigh Valley Coal
$3
preferred
1st
non-cum
50c
Lehman
Lerner
(The)—
Stores
2
Life
8
Liggett & Myers Tobacco com——25
Mar 12
Oct
16
Nov
10
9
Jan
91
lv4%
47;
30
jtviar
May 14
13% Jun
10
55% Mar 16
70% May 24
28% Feb
11
55 ft Jun
11
10
23% Jan
9
xl6
x69
Nov
Nov
10
85
Jun
14
24% Jun
11
Savers
7%
Corp
Belt
Lion
Oil
*86
*62
36%
*35%
37 ft
500
x23
23
*23
23 ft
1,000
*91
95
*91
95
35%
36%
34 ft
34 ft
5%
5%
4%
5'%
3%
2%
2%
3%'
.
*40
50
8.600
34'%
35
2,200
45
100
22 ft
22 %
23
2,100
7%
*7%
8%
1,100
5.9Q0
22%
7%
8%
43%
44 Tii
43
43%
42%
43%
9%
9%
*9'%
10%
9%
9%
20%
21%
20Va
20%
20'%
20'%
45%
47 ft
%
46%
4,800
8%
12,000
9%
.22
47 ft
9
21%
23
7%'
45%
86%
46
8%
8%
8%
8%
33%
*33%
34%
*34%
85%
85'%
86
*163
166
*163
37 ft
.35
36
34
9ft
62
46%
8%
33%
33%
9%
8%
85%
9
34
34
9%
57 ft
59
39
62
59
61
39 ft
40%'
39%
40
39%
17-
16 ft
16%
xl6
16
16
x69
69
73
58
40
1,100
9%
39%
17
*69
200
1,500
166
Ve
ft
2,400
86 ft
166
34%
8%
9ft
600
'
35
85%
166
17
73 ft
20,700
45
40%
*68 ft
5.500
3%
2%
50
17
par
5%
4%
,
23%
*35 ft
ft
10%
38 ft
_No par
500
10%
2%
.
*40
163ft
9ft
63
900
163ft
38
9%
110
27
37
%
8
86%
45
*25%
10%
46
33%
16lft
*34
preferred
____100
Corp———1
——L_—_No par
conv
8%
35
36'ft
No par
—
Co.——
Liquid Carbonic Corp' com—No
3ftft
47 %
—T——.5
Corp
Co^
48 ft
161ft
Lily Tulip Cup Corp—_—No par
Link
21%
ft
*42'%
26 ft
10'%
9%
*33%
100
——
Lima-Hamilton
45
10
8%
;————5
preferred
45%
22
Libbey Owens Ford G>ass
No par
Libby
McNeill
&
Libby—,—7
12
45
8%
10
47
*42'%
11%
*8
No par
TV'o. Ar>r
23%
8%
45%
1
Corp_—
23
10%
44 ft
*91
50
8%
5
38 ft Jan
u
*40
600
3,500
xl0%
10%
3%
3%
63
22%
pfd—No par
Lenn <& Fink Products
Corp
3 '/a
*40
50
preferred—No par
2nd
non-cum
1
com
Non-cumulative
6ft
11%
11%
5ft
*
*6
14,800
59
-
1,100
40 ft
-
5,900
16%
1,500
100
Feb
*68 ft
72 '/a
13% Jan
2
Lockheed Aircraft
18
18'ft
18%
18%
*
16%
18%
16%
13.000
12
20*% May 21
17%
14% Nov
Loew's
17%
17%
Feb
15%
15%
15
15%
15
15%
14%
15'/«
14%
79%
-
Feb
57 ft Feb
14%
28
68% Jun
25,900
Lone
Star
62 ft
63
62 ft
63 ft
61%
62 ft
61ft
61%
61ft
61%
2,300
Long
Bell
23
23
22%
23
20
18'%
19'%
19 ft'
19%
6.500
20%
20%
20%
20 ft
20%
19%
20
19%
20%
3,400
145 ft
145 ft
145'/a
20
27
May
12% May
17% Apr
28%
Oct
172
3 9'ft
Dec
53
Nov
9
18
Feb
19
138
Nov
3
23
Dec
xl8
Jan
Jan
21'ft
137'ft
Nov
4
30% July 15
21% Sep
7
Inc
Cement
(P)
Jun
22
lo
25
Nov
4
Louisville
Feb
38 ft Mar 16
50
May 15
LouSville
Oct
20
35% May 15
92
Mar 17
98*2 July 14
17
Nov
5
24 ft Jan
8
Lukens
40i.
Jan
2
13
27% Jun
10
29%
Dec
13% May
Feb
11
158
No par
(Md)
Co
MacAndrews
Feb
~
Corp
Lumber
Lorillard
101% Aug
26% Oct
17ft May
93
26 ft
10
8% Nov
Dec
19 J/2
27%
1
34
Dec
24 'A
27%
*2 Ju.l
Oct
Apr
28
31ft Mar 16
Aug
10
47
58 ft
25
40%
Dec
12
Sep
11
33 ft May
July 12
Nov
26% July 12
10% May 12
56,
May 15
59'ft
May
169
19% Mar 30
25
May
78
*42%
28
5%
4%
10%
*11
*36%
45
107/a
11%
43
5%
2
19
11%
37%
12
18%
43
5%
Nov
19%
12
37%
1% Jan
6%
19%
45
*37
5%
x6%'
1
cumulative
5%
6%
20%
*42
25
45
5'%
5%
6 ft'
19 ft
*11 ft
Tire_j,
(James)
3.85%
5%
6%
19%
Lehign
9%
29 ft Mar
&
5ft
6ft
19
—50
common
Co
Rubber
Lees
No par
5%
6ft
19 %
Lehigh Valley RR————50
25%
May
Lee
5%
6ft
preferred
Lane-Wells
5%
19 %
20
Jun
17
Bryant
4 ft %
4
—_No par
(The)
24
May
46% May
Jun 16
Lano
Co
pfd—75 Pesos Mex
6%
Co
8% Jun
5%
Dec
99
13% May 22
Consolid
Lambert
38% Oct
38 '/a
J/2
May 18
26% May 28
Light
9
14 ft
10
6
Gas
4 ft Mar 16
35 ft Mar
*
La
fipr
Mar 24
25% Aug 12
38
Laclede
5
6% Oct
A__No par
7%, preferred
—
100
>14.2
(Ky) No par
*24%
Nashville-—_50
&
4ftft
———
Gas & Elec Co
Lowenstein
—10
common
41 ft
(Ml
pfd
Sons
&
Inc
24%
24 ft
41%
25
*91
94
—10
18
13
——
145 ft
42
corn—1
Co
20
24 ft
42
A——.—1100
series
Steel
xl8
25%
24 ft
*91
145 ft
*145
147'%
24%
23
23%
23
23%
1,800
41%
39%
40
39%
40%
4,500
*24
39%
25 ft
22%
93
18 ft
22%
24%
*91
18%
73 ft
*68'%
•
23'%
23 ft
147%
93
*91
*17ft
7,300
1
93
18
19
*91
18
80
23%
1
17%
S3
17 ft
*145
1,700
M
34
Mar
134
Nov
41
Nov;
152
30'ft May
99 % Dec
Apr
Dec
6
30'ft Mar 16
500
25
24% May. 20
Magma
9% Feb
11
16% July
Dec
Feb
22%
Dec
32%
3ft
Jan
520
Jan
14 ft
97%
525
Apr
23
10% Sep
13% Jun
28
8
Feb
18 ft Nov
10
26
Jan
7
5% Feb
10
14% Jun
22
Feb'
27%
8ft
Dec
34%
Feb
18% Mar 18
Feb
16%
Dec
5
Dec
7
22'ft May
Oct
6% NOV 12
8% Mar 16
6
111% July1
6% Feb
15
20
Feb
20
22% Nov
94 'ft Nov
9
2 5'ft
8
.
May 17
May 20
17% Sep 16
29% May 18
1
103ft Jun
9
4% ft
Madison
Garden
Square
Copper
Mandel
Maracaibo
Marshall
Field
4 'ft ft
14
May
Jan
10% Nov 10
22% Apr
16
Martin
14 ft
May
24%
Oct
12% Nov
10
19%.Tan
16
63 ft
Jan
47 ft Feb
11
26%
Nov
19
Nov
10
69% July
9
27% May 20
35%
Nov
27% Feb
11
45
19
176.
34
24% May
Dec
.175
39 'ft
190
88
Jan
166
Oct
Oct
22
Jan. 26
Feb
49%
May
35% Mar 16
47% Apr
20
Dec
106
Feb
84% Mar 27
93
Jun
3
85
Dec
100 ft
Aug
84
82
Dec
9 7'ft Mar
7% May
Nov
42
14%
Feb
6
93
Jun
18
77 '/8 Aug
13
85
Jan
13
9% Feb
11
12 ft May 15
43% Jan 21.
Jun
50
Jan
3A
108ft Mar
113
Jan
110
Jari
24 % Nov
35% May
48%
Mar
12;
Apr 16
10
112
Jan
9
41 ft Jan
12
Master
Mathieson
7 ft
Chemical
$6
1st
McCall
Range since Jan. 1
Highest
$ per share
24
May
Lowest
NEW
$ per share
$ per share
.;
88
Jan
5
101ft Jun
14
10
42% Jan
15
McGfaw
24
May
32
Feb
56%
Feb
44
Jan
105ft
Feb
25
Feb
11
23% Mar 17
42 ft Nov
30
Sep
87
12
20
36ft May 21
31
18% Feb
11
24'ft Jun
9
18 ft Nov
12
24% Jan
12
Oct
16% Nov
10
23 ft
Feb
80 % Mar 24
23ft May 25
96ft Jun
8
50
Feb
36% Feb
27
46 ft
May 28
20 % Feb
16
25
Jan
10
105ft
20
May
25 ft
Jan
16
May
24%
55ft May
13ft May
Jan
13% Nov
73
Feb
50
19%
Jan
83
Dec
65%
Nov
9
12ft Jan
28
f8% Nov
43 ft May
5
Jan
97%
Dec
47ft
Jan
36
92
33
Apr
29% May
136ft
Jun
10% May
18% Mar
48'%
45%
156
Dec
Nov
Mar
15ft
Nov
May
14%
10
66 ft
6 34
8
Feb
11
38% Feb
11
44% Jun
30
104% May 25
102.ft NOV
10
88
Nov 12
' July 21
98
May
54 ft Mar 11
78
May 17
99
Dec
102%
Dec
98ft Oct
7
May
15
104
Jan
123
21
3
17
Min
6%
16 %
23%
22%
23
94 ft
*93 ft
11
lift
11
10'%
lift
23
9,700
910
23%
*93'%
10%
4,900;
94
10%
55%
20
20
20
19 ft
19%
19
10%
19
10,700
19ft
37%
167
•'
37%
87
87
10%
35 ft
36
*163'%
167
*163%
40'%
40%
x86'%
86
87
87
*86 ft
81
•
8,7ft
*85'%
86%
86 ft
*79 ft'
81
*79
Saturday
30
*S5
ft
,87ft
81
*79
10
10%
10 '/a
10%
38'%
39
39
*110 ft
111ft
*110'%
25 ft
24%
25
AND HIGH
'
.
r
10%
2,300
39ft
200
111ft
24%
25
-
Wednesday
24'/a
Thursday
Nov. 1Q
$ per share
Nov. JI
$ per share
t per share
30
30%
29
23%
97
95
95
95
95
EXCHANGE
30
30
29
30
CLOSED
*25 ft
26ft
25%
26
26%
27%
43%
44%
43%
44
31%
31%
31
31 ft
93
!, 0
90
*90
21
20%
21
20
20 ft
20%
19%
19%
19
19
30%
.
*110%
111%
30
30%
30
100
81
10
30
97
-
*37%
*95
30
6,000
5,200
3,000
SALE PRICES
Tuesday
Nov. 9
$ per share
36 ft
36
38%
Nov. 8
% per share
37%
10%
Monday
0
2.400
41
87
2,900
.
167
x39'%
*86
87
2.100
13%
42
40%
40
10%
1*38
*13%
167
36
*163
43ft
87
*79 ft
81
37%
167
*163
25%
Co
Transp
July 13
St
9% July 13
Feb
13% Feb
11
34
July 13
Jan
34'ft Mar 17
44
Jan
5
9
Feb
11
15% Jun
24
32
Feb
24
Sep
15
&
21
21
*19
Minn-Honeywell
3.20%
Minn
$4
&
Moline
7%
*51
14
.
*81/2
59%
*86
20
,
STOCK
Friday
Sales
Nov. IT
29
%*
for
the Week
$ per share
Shares
30
1,900
*94
95
140
30-
30
1,500
27
27
900
..___100
;
42'%
43
81%
31%
—_10
48 %
43
133ft
11%
*10'%
46ft
A
100
__No par
vtc—-No par
Power
Impl
_*
com
series
A
Carpet Mills—;
Hosiery Co IncJ
Machine
2,600
ft
16 ft
81%
81%
*82
84
*82
84
36ft
*33'%
35%
*32
36%
*33
35%
21%
*21%
22%
21%
22%
14 ft
14%
54
*51
14%
14%
*8 ft
9
GO
59
87 ft
*86
21
20 ft
38 ft
*92
101%
14
14
49%
49
43
133ft
42 ft
"133
16'/a
17
14%
14
50
14ft
13%
51
14%
*8'%
8%
9
59
57ft
13%
*36
20
38
ft
Q4
38
*93
13%
45%
8'%
9
1.100
57%
*86
19%
20%
38
*37'%
92
92
92
430
13%
13ft
4,400
46%
18,200
46%
45%
48%
46
43
41ft
42
42%
*133 ft
135
*133'%
11%
10%
10 ft
10
280
13 ft
134
11
500
92 ft
102'%
42
11
38
102'%
134
11%
10%
11
'
43%
44 ft
10
3,800
43%
4,100
46%
47 ft
45 %
88
88
88
88
65
65
64 ft
65
63 ft
64
62'%
63 ft
99 ft
99
99'%
99
99'%
09
99
com_—1
*112
99 ft
14%
115
*98 ft
.
13%
"112ft
14%
12
114
109%
57
54 ft
*87
Tool
No par
100
56 ft
\
1
6%
23%
20
*38
1.25
11
—_No par
*25%
57
56
12%
14.%
6%
6ft
6%
57
5%
6%
21%
24 %
36
13%
43
.
*87
13
110
109%
53%
55
54%
5%
6
109
112%
88
40
3,100
10
9%
11%
46%
46 ft
1,200
U ft
11%
9%
42%
135
67
99 ft
13%
2.100
102'%
43
11%
1,700
87
102
135
11%
57'%
20%
13
13%
49%
2.500
87'%
37%
102 %
14%
200
14
58
19%
>
4,100
53
*13%
57'%
38
101%
13%
10
2,300
*48
9
*86
93%
102%
22
13%
*8'%
20 ft
21%
13%
13%
13'%
87'%
20 ft
16%
54
*50
58%
87 ft
21%
21ft
14'%
54
16%
89
xlO
Mohawk
Monarch
16%
17
85
-
preferred
300
89
No par
Corp
RR
2,200
18ft
*65
3
No par
preferred
100
20ft
13'%
100
com—
series A
4,900
20%
No par
Regul
1,800
f
92 ft
*91
17%
94
com-—_No par
DAY
94
*33 ft
39
14
ARMISTICE
it'/a
*81%
17%
—
-5
43 ft
31
85
*92
pfd_100
43'%
1
37%
*38 ft
5
ft—*
3.90%
Mfg
Mo-Kan-Texas
Mojud
14'ft
1
1
series
preferred
Minn
*33 ft
21%
No par
pfd
conv
Min
-*17%
*81%
—50
Scott-.—No par
M
*88
92
20
——
SS
44 ft
* 32
21
common
Edison
Steel
P
31 %
*85
-No par
preferred-.Minneap & St Louis Ry,
Minn
*44
*19
1st
$6.50
26.
23
94
55
111ft
Inc_»—3%
Co
prelerred
Mission
10
22 ft
*93'%
94 ft
13'%
*85%
-
100
3,400
6%
16%
55
87
.
4,100
22
6%
16%
25 ft
common
Copper
18
Feb
21%
6%
16%
12%
42%
preferred———50
Inc
Co
4.35%
14
4
22%
6%
*110 ft
—_100
preferred
Metropolitan
73 ft Jun
Feb
&
$3.50
121ft Oct
51ft
page
Merck
11
Feb
lootnotes see
(The)
1st
Stores
Merritt-Chapman &
'Mesta Machine Co
10
13%
Por
&
Nov
8 Mav
Sep
Merch
42% Feb
32% May
23'%
Co
conv
14
43
25%
Mengel
Mercantile
9% Mar 17
May 10
July 13
Feb
8
21%
9
55
43
1
16
18 ft
11.000
9'%
16%
26%
Corp—
9
Dec
3% May
11% May
Shoe
Prod
10% Mar 16
500
9%
8%
7ft
6%
111ft
Petroleum
109
19 ft
16%
*110'ft
25 ft
(2nd series)
8%
Jan
Oct
Melville
5%
series)
(1st
Midland
7
70%
pcfc
pfd
2nd pfd
Mid-Continent
105'ft Jun
19'%
14
1—1
15
25
23%
18%.
58
——10
Co
17
56% Apr
22%
8%
18 ft
13 ft
*85%
*36
"*79ft
10%
common———-No par /
Corp
4% ft
4%
69% May
114%
Dec,
Mead
Mfg
Jun
I
9%
%
39 ft
Co—
Norris
Jun
Nov
*
8%
55%
42%
Mines——-—5
48
11
.
•
"
8%
550
6%
9%
14
37%
-No par
McLellan-Stores
McQuay
Miami
Apr
56%
6
18%
,
*500
7%
57%
*165
Robbins Inccom_—_18
140
Mar 16
18%
550
7
*8'%
20
1
—_1
,-100
preferred
19% May 27
51'A
28% Mar
$4
11
35
129% Feb
Feb
47'% May
84 '% Dec
13
24
27% Jun 15
11
101% Nov
12% May
May 15
18ft .Tun
50% May 8
63% July 13
95% Jun 23
Mar 10
Nov
19% May 15
6 2 ft
5
86 % Nov
111% Aug
2
13
44'ft Feb
103'ft Mar
17% Feb
35% May
19%
17
11%
25%
&
Feb
„
9%
14
25%
Porcupine
Feb
Dec
7%
100
57
Publishing—l,-No par
McGraw-Hill
McKesson
2
31'ft
Jun
*500
7%
*8%
6,100
14%
30 ft
Mclntyre
May 15
98ft Jun
25%
May
550
*500
7ft
10,600
57'
30 ft
Co
35 ft
5
Jan
Dec
16 ft
11%
———1
Electric
May 15
52 ft May
1
17% May
88%
2.800
16%
-
21'ft
40%
13%
*33%
McCrory Stores Corp .com
3ft 'in conv preferred
Nov
,
12%
16%
56%
*14
Par
29
Dec
12%
23 ft
6%
17
23%
■
Oct
Dec
12
LOW
Feb
87
13
X23 ft
6%
J\ov.
Feb
46
12 ft
23 ft
*93 ft
STOCK
YORK
45%
30'ft May
2,300
9%
EXCHANGE
Highest
33ft
.
18%
No par
No par
107%
Dec
18'%
9%
94%
11%
ft_
Mar
-
18%
—No par
—
35
82
18%
STOCKS
Year 1947
$ per share
19%
23%
preference
cum
„
23ft
Corp—No par
Corp
20
*93 ft
——_i——100
preferred
19
9%
6%
Dept Stores common——5
$3.75 preferred
.—No par
$3.75 cum pfd 1947 series_-No par
$3.40 cum pfd————
ft,No per
Maytag Co commoa
1—-No par
S3
ft
23%
No par
preferred*
700
18
98
9%
17
i————
10%
9'ft
•,
May
Range for Previous
Lowest
*19%
.v—-No par
Co
10%
550
7ft
*9
16%
Corp ft,
Electric
7ft
9%
No par
Co
Li
(Glenn
Masonite
97
10%
13%
—100
——,—1
Martin-Parry Corp
39ft May
18 % July
-
com
—
33%
97
xl0%
19%
*500
pfd—100
&'Co
preferred
32%
98 ft
lift
*19
550
prior
6ft
33%
lift
19%
13
Oil
Ry
16,'
11%
7%
200
33'%
33 ft
*9
37%
136
*96'%
17%
*9oft
*500
37%
*130
'ft
34%
98ft
*11 ft
—No par
37 ft
136
34 ft
34%
*96 ft
12
13
*37 y8
*130
16%
98 ft
13
._5
37 ft
' 136
18%
IP
V
10
;
*37%
*130,
17%
35 ft
L_1
50
—1
Shirt
St
35
37 ft
136
17
*11%
Exploration——1
Marathon Corp
ft—I——6.25
Marine Midland Corp—
!——5
Market
17%
*93'%
,
—
Bros
Manhattan
*37 %
*130
17 %
No par
—————
37%
136
*130
—5
No par
100
Magnavox
Co
(The)
Mahoning Coal RR Co„
Manati Sugar Co——
x
4
37%
100
(R Hi Co Inc com
pfd series A
16% Feb
12%
May
Macy
15% Apr 12
103 ift Jun
10
com
Trucks
14
Dec
9
Forbes
preferred
—:
Inc——;
Mack
10
May
19% May
6% May
39% May 27
6 ft
&
96% Oct
9%
'
3
18% Aug
Jun
7
Nov
142
xl0% Nov
21% Mar
10%
14
Feb
16%
455
27
Oct
Mar
15%
Apr
Jan
Jan
41%
111
11% May
v
36
129
16
,
6
88
13%
109%
56
110
1,109
4
370
16,600
440
6,800
6 Vb
16,300
31,700
24 ft
23%
24
20 "2
22%
21%
22 ft
38%
37%
38
37'%
36'%
37
37
37
2.000
11.
10 ft
10%
9ft
10%
10
10%
11
11%
8.100
*25%
26%
26%
26%
25%
25%
23%
25%
300
26%
ft
n
COMMERCIAL
THE
(2022)
YORK
NEW
Ranee for Previous
t per share
f per share
63%
Feb
Feb
46% Nov
10
loi
Sep 27
105% Mar 17
9
47% Mar 16
64%
Feb
Dec
17%
Dec
11
Nov
12
May
27%
Dec
20
Nov
6
9% May
14%
Nov
11% Jan
23
Oct
20% Jan
22
49
May
15%
17
27%
May
19% May
27%
17% May
25
Mar
10
15%
Nov
19% Mar 17
Feb 19
Feb
16
35
Apr
107%
9%
Dec
Jan
Dec
16%
Moore-McCormack
18% Oct
Morreil
9
22
Motorola
23
9
16% Oct
14% Oct
23
Feb
33% Feb
16
45
107% Jan
2
112
May 15
Jun
12% Sep
21
17
Jan
10
43
Jun
55% Jan
5
14% Mar 16
21% Jun
25
Feb
35
56
Jan
19%
Feb
5
*10
10 %
9%
Co
No par
Corp
55%
56*4
55%
47%
46%
103
53%
102
106
47%
102
111%
106
103
for
the Week
47%
Shares
8.100
103
500
*106%
9%
10
Sales
Nov. 12
fper share
111%
200
9%
9%
1.700
55%
25.400
9%
54%
11%
n%
11%
11%
55%
11%
52%
11%
11%
11'A
11
11
20%
21
21
20%
20%
*20%
21'A
20%
21
1.000
15%
16
15%
15%
14%
15%
14%
14%
16
16%
4,000
56
55
'/a*
7.700
No par
25%
25%
25 %
25%
24%
25%
23%
24%
STOCK
4
24%
3.600
5
20'/a
20'%
20%
20%
19%
20%
19%
20%
EXCHANGE
2u%
20'A
2,200
1
18%
18%
18%
18%
18%
18'%
17%
18%
CLOSED
17 %
17%
1.500
14%
15%
14%
15%
13%
15
14%
14%
17,500
12%
12%
*12%
13
12%
12%
ARMISTICE
12%
12%
500
39 %
39'A
1.900
*109'A
109%
„
com
1
new...
5
(G C)
preferred
,
1
40%
40%
100
*109%
109%
common
Murray Corp of America com
4% preferred
'
Myers
*10%
10%.
103
Friday
Nov. JI
t per share
20
5
No par
Co
Co.
4%%
29
23
44%
Jun
•106%
Corp
Brass
Murphy
2
Nov
Jan
50%
Wheel
2
50% Jan
Dec
37%
109%
Lines
Mullins Mfg Corp
Munsingwear Inc
26
16
104
*105
3
Products
Mueller
9
11% Feb
xl04
Inc
Motor
May 27
Jun
105
108
Thnrsday
Nov. 10
f per share
48%
47
*104
*106
Co
&
Motor
29% May 27
24
(John)
49%
x48%
Wednesday
•
% per share
No par
Montgomery Ward & Co
May 21
17% May 15
27
f per share
49%
HIGH SALE PRICES
Nov. !>
A—No par
Utilities
Montana-Dakota
49%
Monday, November 15, 1948
Tuesday
Nov. H
$ per share
5
com
preferred series
preferred series B
$4
18
65
Co
$3.25
6
10% Oct
Chemical
Monsanto
May 15
112% Apr
Jan
40%
112
Par
61% May 17
122
13s/s Nov
May
LOW AND
Monday
Nov.«
t per share
f per share
9 % Nov
24
CHRONICLE
RECORD
Saturday
EXCHANGE
Highest
Lowest
Highest
128%
STOCK
STOCK
NEW YORK
Ranfe since Jan. 1
Year 1947
49% May
FINANCIAL
STOCKS
Lowest
110% May
&
10
13%
14%
14%
12'A
40%
14 %
39%
40%
x38%
109%
40
*109%
*109%
109 %
*109%
*36
37%
*36
54
*51
DAY
13%
38
*51
39
109%
54
14%
13%
13%
13%
14
36%
14'%
50
No par
(F E) & Bros
13%
12%
24 3
36%
35
35%
*35%
37
300
52
52
52
*51
54
100
*50
6,100
N
14
May
19
May
29%
Feb
May
30
Jan
16%
Jan
21
8%
Dec
9'/a May
32% Sep
9
Nashville
Chatt &
29
Jan
5
National
Acme
29
10% May 20
National
Nov
9
11
16%
Feb '
Jan
34
Dec
29
27
Jan
34%
Feb
26% Feb
20
165
Dec
Jun
162% Oct
1
187
10
Mar 18
13%
Feb
5% Nov
10
May
43%
Dec
33% Feb
10
Dec
14%
Jan
8% May
33
7%
Feb
28
9% Sep
*28
6
16%
16%
15%
16%
15%
15%
15%
15%
28
x25%
26%
23'A
26%
23'A
24
23%
23%
22%
22%
*22
23
22%
23
21
22%
21%
21%
1,500
5%
51/3
5%
5
5%
5%
5%
3,900
10%
xlO'A
10'A
4.300
Airlines
8
National
Automotive
17% Mar 22
National
Aviation
Corp
8
National"
Battery
CO—,
32% Oct
22
National
Biscuit
175 % Jun
23
13% July
July
7%
Fibres
Can
9% May 20
National
City
*2
National
Container
14% Aug 23
National
Cylinder
2
National
Dairy
Distillers
10% Mar 15
26%
38
Jan
24% Mar 17
32
14% Mar 17
21
Jun
10%
10
10%
10%
10%
10
10%
40
40
38
38 %
37%
37%
900
30
30%
30%
31%
29%
31
29%
30
29 %
29%
11,200
167
166%
167%
250
Corp
165%
10
Register
Lines Inc__
12%
5
15%
15%
16
16'A
15
16'A
18 %
18'A
18
18'A
17%
18%
56
55
55
54
55
53 »A
25%
Jan
15
Sep
27
20% Jun
9
Feb
85
Oct
14
96% May 19
167
15%
Dec
Vi
Dec
21%
Jun
74% May
21 % May
12% May
f Mar
88
28
Apr
,
Jan
1%
26%
24% Jun
10
Natl
Malleable
&
2
Natl
Power
Lt
1
25
Jan
Natl
12% Jan
Natomas
Dec
13%
Jun
9 'A Nov
10
18% May
13% May
24%
Feb
Feb
July
Feb
Mar
10% Nov
3
13% Feb
16
19
26
104
x27% Mar 12
35
100
87
Feb
6
Feb
10
98% Jan
HVa
Dec
Nov
8% Nov
10
12% Jan
Dec
108%
Jan
90 'A Mar
35% May
22% Dec
44%
Dec
38
32%
Feb
Feb
9
New
York
Feb
10
92
Feb
11
144
62%
Jan
52
Dec
230
Nov
290
Feb
15%
Nov
'84%
Dec
'10% May
25%
22'A
23
22%
22'A
1134
11
11
934
preferred
107
Mar
86'A Jan
6
16
Sep
14% Feb
27
10
100'A Aug
81
Jan
2
<31
3*>
*89
90%
$ per share
23'/2 Nov
f per share
25%
Oct
20% Mar
4
15
33%
Dec
56'A Dec
64%
Nov
55
Feb
18
26
30%
Sep
25
Aug 24
Dec
16 Vg
Dec
6% May
83%
25
Dec
Dec
13% May
79%
Dec
33%
Jan
10%
Feb
115%
Jan
30%. Nov
22%
Feb
102%
Feb
14% Mar
15'A
79
♦77%
32
28%
No par
34.
34
34%
35
No par
14
14'A
14%
14%
Brake
N Y Chic & St
Louis Co
100
com
preferred series A—
Jun
25
$5
N
Mar 18
&
common
preferred
non-cum
Y
Harlem
N Y New
9
Dock
5%
22
1
Norfolk
17% Jun
17
34
13 '/a
13%
64.600
77%
7,700
76%
134
16
13%
21
20
78
77%
*130
135
*132%
14
14
14
21
*17
76 %
80
134%
16
*17
20
134
14%
21
51
44
*230
25C
9
9
9
'*
9,500
1,000
800
1,900
200
51
249
A—
9>A
.
30%
30%
31
87
87
87
10
8%
8%
9
8'A
8%
8%
6,000
29%
29%
4.800
89
89
28%
31%
28%
29%
88%
88%
17'A
17%
17%
*87'A
16%
88%
17'A
17'A
Xl6%
16%
*16%
17%
' *84'A
85JA
*84%
85%
*84%
85%
vt
85%
*84'A
85%
140
1,200
Elec & Gas Corp—
1
*
STOCK
Industries—
Corp„
Chemical Co
&
2.50
___1
.
Ry com
preferred
American
North
American
Central
Ry
25% Feb
11,
36% Jun
14
Northern
Natural
Gas
11
27% Jun
24
Northern
Pacific
*15%
•
27
Monday
60%
61%
x58%
*25%
25%
*25%
"* 15%
—10
Aviation
1
Co
"—50
V
9%
.*83
i5%
85'A
Co
_i_10
30%
30%
Ry—
—100
17%
9%
~
15%
15'
15%
EXCHANGE
26
25%
25%
CLOSED
58%
59%
25%
25 %
15'A
15%
15%
8'A
9%
15%
9%..
18%
,
85'A
30'A
30%
r
85%
18 %
*
58 'A
58%
25%
.18'/a
8%
.
ARMISTICE
25%
DAY
15%
the Week
Shares
21%
200
2.300
-
15%
15%
26
26
58%
6.900
26%
200
15%
32,700
9'/a
26.500
*26
15 %
8%
9
84
Sale* for
share
58%
15'A
25%
Friday
g per
*20'A
STOCK
21%
1
26
59%.
•
15%*
9'A
"
*20
22
I per share
16
*26
25
♦20%
Nov. 11
Nov. 10
t per share
27%
16
'
27
:_25
Co
21%;
21%
*
Nov. 12
Thursday
Wednesday
-
Not. 0
>t per share
t per share
-
16
Tuesday
•
Nov. 8
22%
*22
4
Western
Adjustment
/
-
§ per share
■
OO
LOW ANW IHGH SALE PRICES
^
Saturday
v
Nov. 6
Electric
Northern
83
83
500
130
85'A
84
30%
31'A
30'/a
30'A
29%
30'A
5.400
17
18%
16%
17%
17'A
17%
28,000
*84
>
•
Northern States Pwr Co (Minn)—
78
Aug 11
90
Mar 19
$3.60
preferred
No par
No .par
5
8 'A Nov
9
17% Mar 20
27% May 17
40'A Apr 24
7% May 21
Northwestern
Telegraph
Norwalk
14% Jun
9
Norwich
34% Jun
16
82
&
22%
Apr
25%
Oct
16
Nov
33
9
Jun
45%
Jan
33% Jan
2
Dec
13%
Feb
| Dec
18%
Feb
3% Sep 20
10% Mar 18
38
6%
33%
13%
*44
North
Aug
19% Aug
12
33%
12%
249
series
Noblitt-Sparks
13
x33'A
51
Par
28'A Jan
33%
/ 14%
79
250
$ per share
62% Nov
29%
.
*44
EXCHANGE
Nopco
2 9'A
200
cumulative preferred—100
1
75
30
13%
51
*85>/8
5
79
x29 %
15%
250
State
Noma
14%
*75
31%
*45
NEW YORK
21
30
79
*200
pfd—100
Shipbldg Corp partic stock—1
$3.75
2.900
51
N Y
-
3.100
14'A
14'a
250
N Y Power & Light 3.90%
Y
52%
*44
30%
17
52%
*200
100
23
8%
92%
52%
52
13
80
21
10.400
8 '/'a
*90%
Hart RR Co-100
Haven &
Preferred
*21
90%
8%
33
134%
15%
*89%
90%
300
92%
50
Co_„
103% Oct
11
79
133.
300
32
32
32
No par
RR
11
16% Feb
•
77%
77%
_No par
25% Jun
15%
15
1.100
14%
*100.4, 102'A
8%
56
31%
York
Jun
53
*77%
New
Jun
56%
1,500
*90'A
8%
91
15%
Jun
2
*89
8%
91
32
13% May 10
3
90%
8%
91
79
93
Jan
*89
8%
*90%
30%
—
82% Mar 10
8
90%
*89
8%
2
17% July
36% Jan
Jan
*31
91
Jun
Aug 11
25 % Sep 30
53'A
32
*77%
Lowest
8 per share
*31
—100
Range since Jin. 1
Highest
Highest
32
9%
10%
14%
14%
32
.
102%
*9%
10%
102%
101
15%
common-
14%
*100%
15
103
17
19% Oct
15
15'A
>101
,.1
Industries
preferred
STOCKS
Year 1947
*14%
103
56
Range for Previous
Lowest
15'A
*101
Corp—
11
10%
55
39% July 12
88
10%
100
N
80% Dec
10%
135
14% Jun
96
10%
11'A
'/ 8
X22%
9%
10%
*16
61
20% Feb
9%
10%
<133
255
Sep
9%
10o
19
Jan
9%
_No par
19
49% Jan
9%
City Omnibus Corp_
27
200
*14%,
11%
9%
11
11
11%
10
N Y
3
Mar
1.400
23
55
6c!o
2,100
11'A
23
10
6
160
22%
22'A
11%
19
20
6% Mar 29
—
July
23% Apr
15.000
22'A
Newport News Ship & Dry Dock—1
July 12
9
17%
82%
1
Central
11% Mar
300
17%
82
10
8%
18% July 12
39
21%
1
*90%
Air
121
*21
17%
20
York
Dec
21
84%
100
New
Dec
COO
4,500
21
21%
96%
17
No par
_1
3.200
19%
96
83'A
11
Id
19
97'A
18'A
Co
11
U
20 %
86
pfd—100
34% Oct
50
%
70
3.100
95%
16%
preferred
Mining
18
1.600
20
20%
85%
England Elec System
11
137
%
u
60
6'A
18%
6'A
18'A
18
18%
Jersey Pr & Lt Co 4%
20
43% Jun
133
86'A
New
78 % Oct
9
131'/2
6'A
17%
New
20% Feb
11
133
14.700
167
86'A
8
4'A%
.6,200
167
18%
17
22
100
31
30%
166
6%
100'A
*21
15%
90
87%
common—No par
(JJ)
Newport
12% Feb
%
20
1,400
15%
31
30'A
>130%
97%
22
6.300
90
17%
common
26% May 21
90 % Jun 18
Feb
Aug
serial
10
22%
26
Inc
conv
13% Nov
12
*21
54
*86'A
;
July 12
Nov
22
5 3'A
Pa com—lo
Fibre
64
33
%
*21
36,700
15%
166
6'A
2.600
17%
90 %
15%
*89
19%
15%
17%
100
13
Oct
Apr
21%
Feb
Feb
19
21 %
Aug
26
Feb
21%
99
46%
20%
*21
3
32% May
11% May
Corp
Newmont,
18
No par
Co
Co
3%%
6'A
20
19%
%
Bros
12
20
101%
Co————
Newberry Co
May 15
6'A
6'A
%
4% %
24
197/g
.
32%
100%
Neisner
May 17
Jan
32%
32 'A
15%
10
;_No par
Tea
Vulcanized
Nehi
30%
32 %
^
Corp
preferred-
National
26
19% Jan
95
102
4%%
2
Jan
16
90
100%
National Supply (The)
30% May 27
15% May 26
25% July
15'A
90
100
6
94
16%
91%-
No par
Sugar Ref
9
15%
91%
No par
25
National
12
16
92
ex-dist_.
5
25% Jan
Cast_No par
15%
92
Corp__.
Shares
Steel
Nov
11
&
Corp
Steel
National
16-% Nov
9
18% May
May
cNational
May 17
114% Oct 23
82
10
14
80
Linen Service
Sep
Nov
Nov
May
preferred B__1
Dec
21
21% Sep
Dec
6%
National
23%
81% Mar 10
11
Jun
133
11
Feb
17%
>130%
r5% Feb
Jan
x87%
132
preferred A
Jan
13
131
6%
2
6
106
132%
*6'A
7
7% Feb
17%
Dec
*130%
1
147 % Apr
29%
%
167
100
4
20
12
38
>165
Sep
% Nov
% Nov
166
Nov
19% Nov
28
166
1
common
7%
28%
18%
167
6
Feb
107
*164»A
7
Jan
Feb
32
10o
10
Jun
Nov
105
_10
Co
Jun
177
20% May
12% Dec
98
Lead
National
38
16
95
100
par
130
Jan
8%
Gypsum Co com——
preferred
No
conv
3,700
27%
54 %
17%
*54
12%
27
17%
*15'/8
No par
Nat Enameling.& Stamping—No par
4.100
10.500
12%
15%
27
Stores—_
Prod
7%
1C%
12%
12%
28
x9%
10%
7
27%
12%
27%
10%
10
7%
7
7%
28
22
Jan
7
27%
57% Oct
23
5.900
28
11
Oct
5.700
27%
37% Feb
29 % Jan
6%
37%
No par
Products
162
5%
36 %
11
Dec
Dec
7%
5%
36%
12%
48%
6%
7%
5%
10%
30% May
14% May
136
7%
4.000
35%
6
39%
12%
National
Sep
5%
35%
10%
May 21
Dec
6%
40%
12'/a
22% May 21
36%
6%
39'A
10%
10
190%
6%
7%
167
166
12'A
17% Nov
Dec
165
1
Co
Oct
25% May
165'A
41%
41
1
165
_1
Co
Gas
Jan
165
165%
6%
No par
23%
$4.50
10%
10%
10%
39%
20%
National
10
10'A
38'A
14% May
107
10%
10%
17% May
Dec
10%
660
39%
National
96
10%
5%
*38
Department
13% Jan
Oct
Feb
10%
5
5%
26,300
4
100
Cash
15%
1
5
„—
preferred
National
17%
Inc
16%
common—10
Co
National
9% May 21
Jun 17
48
Dec
Dec
16%
*27%
1
Louis
St
Co..
45
13% May
13
5
100
1
24
10
4% Sep
8% Feb
Feb
14
Corp
Feb
Nov
20
21
24
10% May
Nash-Kelvlnator
105% Nov
12
$4.80 preferred
Northwest Airlines
4.6%
Inc
preferred
104 %
common—lo
9*
25
—_—
17
9%
.17%
^_50
*36%
37%
Rubber—__No par
Pharmacal Co—
2.50
*4%
*12%
5%
12%
*29
30%
Tire
81%
82
104%
.
105
9
16%
*37
82
81
105
104%
-9%
8'A
82
200
81%
81%
81%
81%
104%
104%
104%
105'/a
105%
420
8%
8%
8%
8%
9,500
16%
5,100
9
17'A
lb
17%
16
16%
37'A
37
37
37
37
16
*36%
37
130
4%
4%
4%
300
13
13
12%
12%
*11 %
12%
500
29
*28
29
28
28%
28
28
95%
*94%
95%
95%
95%
95%
95%
50
30'%
32'A
29%
30%
30%
31%
26.100
17'A
17
17
*4%
5'A
13%
13%
29
4%
4%
4%
O
27
Dec
91% Dec
21
Apr
18
Dec
17% May
93
Jan
27% Feb
10
111%
Feb
92% Jan
2
103
Jun
18
35%
Dec
26% Feb
11
43
Jun
15
Ohio
July
14
18% Jan
17
Dec
16% Apr
22% Feb
Feb
Oklahoma Gsys & Elec 4%
Oliver Corp common
92
22
27%
Dec
107
7% May
13
86
May
15% Sep
24
May
149%
Oct
Feb.
118
8
Mar
Feb
11
9
25
Feb
89
Mar 16
28%
Feb
20
Jan
2
33%
Feb
27
Jan
26
163%
36% July 13
Xl09% July 13
12% Apr 20
100
Jan
5
23
Jun
17
37% Jun 23
■
Jan
145% Oct
19% May
15
154
Jan
29
28%
Feb
84
15% Nov
9
23
Jan
5
Aug
93
Jan
82'/2 Nov
3
Nov
89
80
68
10
July
51% July 20
May
16
Sep
9% May
19
Feb
8% Nov
9
80
Oct
30
46%
Oct
60% Sep
34% Feb
15'A Mar 20
30% Mar 17
50
24
Jan
Jan
11% Feb
27
13
Dec
43%
Jan
^50% Nov
62%
Jan
25% May
47% Mar 16
39%
Feb
30
*33%
t«9% Dec
31
Dec
129%
*168
For footnotes
see
Jan
Feb
Feb
13
89% Feb 27
130
Nov
page 26.
9
Feb
27
73% Jan
2
Ohio Edison Co
4.40%
4%%
convertible
Oppenheim
—
Outlet
&
Mfg
Glass
Co
Pacific
Amer
Fisheries
Coast
Co
1st
6
8%
17%
preferred
Inc
common
*90%
91
*22%
23%
29%
*145%
*80
*80
310
8%
2.900
89 y8
160
90
22%
21%
21%
600
29"%
29%
29
29'A
9.000
23%
30
147%
*145
15%
15%
*80
85
52%
69
66
66%
39%
39%
39%
147
15%
85
*89%
>145
15%
*80
147
15%
800
86
-L
54
54
3,400
52%
51%
52%
14%
14%
14%'
14%
8%
.
146
*15
*80
52
9%
9
*144%
15%
85
9%
14%
*8%
*64
14%
700
9%
430
66
110
66
67%
*64
66
39
*38
39'A
38%
39
270
*17%
18
18«
18
600
18%
*
_No par
18 %
18 %
39%
18%
31%
32
31'A
31%
31%
31%
31%
31%
10,900
51%
Finance Corp of Calif——10
Pacific Telep & Teldg common—100
G%
preferred
100
96%
8%
8%
28 y«
14%
No par
28%
95%
8%
22%
10
Mills
28
95
22%
*9'A
Pacific
27%
95
90
14%
25
11,800
27 %
22%
10'A
Lighting
8%
*17
SO
14%
Gas
,
23%
*9%
Pacific
Mar 18
15%
8%
17'A
29'A
100
200
91
14%
Pacific
147
29%
*145
96%
600
89
5
39
Corp;
90
*22%
27
8%
_10
*64
Electric
8%
*17
100
52%
No par
&
*17
x29%
*98%
32%
17%
29%
52%
Pacific
7
85
31%
52%
8
104% Jun
16
*94%
12.50
55% July 13
44% July 23
36% Jan
30
147%
16
.
preferred non-cum_:—No par
non-cum
9
110
No par
Owens-Illinois
2nd
100%
2.50
Co
Pacific
Apr 13
43% May 28
21% Jun 15
17%
30%
*98%
20
No par
15% May 17
May 27
29%
10o
„ioo
Marine
85%
'32%
A„100
—
common
preferred
Outboard
31%
No par
preferred
Collins
15
73
pfd
preferred
(The) common
Corp
*94%
.
No par
convertible
Otis Elevator
6%
8
100
Co_i__—:
Omnibus
8%
common
preferred
Oil
5i'A
50%
51%
50
50
50%
2,300
32%
*32%
51
32
49%
32%
50
.'31%
94
31%
31%
31
31%
1.900
95
*92'A
93%
93%
94%
270
*18%
19
*94
96
95
33
95%
*132
134
*132
133%
<
130
131
130
31%
130
31
*130%
132
70
Volume
THE
Number-4751
168
COMMERCIAL &
FINANCIAL
CHRONICLE
(2023)
1
NEW
Range since Jan. 1
Highest
Year 1947
Lowest
YORK
STOCK
RECORD
---STOCKS
Bance for Previous
NEW YORK
Lowest
Highest
LOW
STOCK
*
Saturday
EXCHANGE
'!!'
I'lll". IH.H
I
Monday
Nov. 6
AND HIGH SALE PRICE!
Wednesday
Tuesday
Nov. 8
Thursday
Nov. Id
Nov. 9
Friday
Nov. 11
gales for
<
'
Nov. 12
the Week
■
tpershare
$ per share
3% May
6 per share
.
Feb
3% Nov
10
21%
Jan
59%
Oct
21
4%
Dec
7%
Feb
40% Sep
4% Feb
8V4
Dec
14%
Feb
8% Noc
9
13
7
18
May
July
t per
6 % Apr
13
13% Mar 16
Nov
46
Feb
5
66
109
Mar
92
Oct
20
100
6% Feb
~
Dec
19%
Dec
32%
Jan
37
Sept
53%
Jan
4%
Jan
2
109
Dec
33%
43
Dec
8% May
32% Sept
Feb
14 %
28% May
Jan
34%
Dec
7
July
Feb
15% May
,
Oct
11
4%
May 17
Panhandle Prod &
com
Jan
2
105
18% Feb
11
26% May 27
Paramount Pictures
10
51
May 21
Park Sc Tilford Inc
May 17
Park Utah Consolidated
97
34% Feb
2
Mar 16
25% Nov
24% Feb
21
Jun
3 %
4%
8
12
33% Jan
11
30% Jun
convertible
11
Parker
Rust
Feb
24
10
May 17
16% Jun 18
Parmelee
9
Patino
29
Sep
28
37
Jan
7
38% Feb
27
49% Jun
1
2
Penn
Oct
10
Sep
16
15% Jan
Feb
15% Feb
11
21% Nov'
1
Penn-Dixie
Apr
10
34% May
7
Penn
xl07
Dec
117
Jan
28% Sep
109% Oct
22
18
Dec
22
Jan
17 % Sep
20
112
Feb
16% Feb
27
51%
Jan
37
Oct
18
118%
Sep
103
Feb
19
120
45%
Dec
55%
Nov
30
Sep
8
81%
Jun
101%
Feb
86% Feb
17
Nov
10
Feo
34% July
34
Jan
8% May
12
Dec
14
Jan
48
Dec
22
Coal
Apr
5%
99
6
Oct
8%
21
4
7
Peoria
24 Ve Jan
5
SOMsJan
6
Pet
20% May
104
4%%
May 19
17% Jun
Co
7%
IVz
6%
21%
21%
21 Va
.
22
102
102
20%
21
20
*41 %
44
40%
102
*100%
1
DAY
'
26
26
26
*26'%
28
26
26
2Va
Oct
14% Feb
47
Feb
11
20% May 15
64% July 12
Pfeiffer
Jan
48%
Dec
40% Feb
13
59
36%
Apr ;
49%
Dec
97%
Dec
21%
Dec
27%
Jan
21
Nov
12
••23%
Dec
29%
Jan
22
Nov
3
25% Sep
120% Aug
109 % Aug
104
Jan
21
115% Jun
2%
25%
*25 y2
27%
Jan
28
103% Jun
20
111
Dec
95
Mar
Dec
10% May :
16%
Oct
35%
50
Feb
5
Jan
19
Jan
22
21
Jan
Nov
28
85
Dec
98% Mar
81
•t... 25
Dec
43%
'
•
88
Dec
85
Dec
Jan
3;8%
4.3%
22
Phila
Jan
6
Mar
83
Nov
8
13%
13
29%
29%
*29
29%
29
29
29
29%
29'A
30
1,100
46%
46%
46%
43%
46'A
43%
45
45
45%
6,700
12
10
.
7
...
12
19%
29%.
*109%
—100
110
18
19%
29
110
*109 y2
18
17%
17 %
18
177/a
17%
38
38
*106
108
*106
109
*106
31
31
31
31
31
31
*93
95
94
94
17%
*30
92
38%
1%
loo
11%
26
9%
*98%
_5
11%
No par
*17%
91'A
%
11
♦10%
12%
8%
*23%
100
*98%
100
v*.
8%
11%
8%
'
'
88% Oct
\
1
54% Jan
21
77% Jun
18
12
Feb
10
14% May
30%
Apr
30% Feb
25
99 %
Dec
98% Apr
1
96%
Dec
96%
Dec
10
May
16%
Oct
88
Dec
84% May 12
93
July 28
$5
18%
Jan
32%
Dec
26
36 Ve July 15
Pitts
16
Dec
16
Dec
12% Feb
11
142% Nov
169
Aug
Nov
203
Jan
32 %
Apr
42%
May
7
67
Jan
171
17% May
110
Jun
11
Mar 16
10
36
37'A
36'A
85
32%
35%
38
*83%
85
35
33
83
93
*87
93
*87
*82
85
r
'
37%
,
83
160
19%.-,
18,200
,
37%
85
83%
33%
6,800
200
83%
33%
*83%
83
,
18%
35
93
93
*87
i
.
.
83
14,300
.
.
60
83%
•V *81
*11%
12%
*11%
12%
11%
11%
*11%
90
*87%
90
87%
87%
*87%
90
61
59 ys
56%
58
13%
*11%
100
12
*87%
*105
115
*100
*105
115
*103
1
19%
28
96
Oct
115
12%
11%
12%
88
*85
5%
31%
30%
19%
19%
*17%
5%%
82% May 10
26% Oct 23
32%
32%
32%
8%
8%
8%
ser
46% July 13
Pitts ton Co
15
—100
89
89
*74
100
10
32%
33
8%
88%
75
*20%
"13 Vi
21%
15%
12% July 28
70% May 4
14'/a
31%
31 %
Potomac
Pressed Steel Car Co Inc
Feb
6% Nov
9
11% May 18
43
Feb
24% Nov
12
35% May 21
71%
Nov
62% Feb
16
71% Jan
32%
102%
Jan
18
27
28% May 25
Feb
81
Feb
94 ;
Mar 11
32% Jan
26
39% July
15
Co class
&
89
6'
25
Industries
Service
Co
Inc
of
10
May 15
34% Nov
10
53
Jan
42
May 18
3
Pure
July 12!
com
x— No
Dec
Jan
101% Feb
13
36 %
Feb
X25
11
x25%Feb:
Feb
20% Oct
5
108% Sep
33
25% May 25
1
:
*
4,800
.
88
29%
—
29%
*17%
.
,
177/a
div preference
$1.40
Pullman
5%
Oil
74%
73%
19%
14%
,
'
*
"
8,200
.
6,000
8%
8
.14 Va
14%
180
*165
180
30
>■
73%
73%
73%
19%
*18%
3,300
'
640
81
30%
31%
*140
144
*140
31%
30%
X72
72
90
19
19
19
200
144
*140
144
31
31
31
Wednesday
Tuesday
t per
*10
10%
37%
I per
share
*10
10%
Nov, 11
10%
36%
6,000
39
12%
13%
13%
37%
40
13
13 %
41%
41%
42
13
12%
12%
12 %
13%
13%
13%
13% ' 13%
STOCK
6%
EXCHANGE
-
6%
26%
*24%
26%
64%
65 %
64
64%
22
22%
22%
22%
21%
23
21%
22%
par
*87
88
87
87--
87
87
87
87
35%
36
35
35%
;
Shares
10%
13,400
38%
1,300
*39
40
>13%
13%
2,100
13%
13%
11,000
6%
8,200
6%
25% ,25%
65%
7 Va
7
CLOSED
6%
7%
26%
65
7%
the Week
'
66
.26%
Sales for
Friday
Nov. 12
8 per there
*10
38%
42
40%
43%
26%
I per share
share
40%.
41
*39
Thursday
Nov. 10
Nov. 9
'
# per share
no
io%
7%
24%
24%
400
64%
3,400
23%
88
DAY
64
22%.
ARMISTICE
88%
35%
35%
13,600
*
*360
,
3,000
35%
36
21
21%
20%
21%
20%
21
20%
20%
20%
21
corn—No par
26
26
25%
26%
25%
25%
25%
25%
25'/a
25%
11,000
37
37%
36 %
37 "
35%
36 %
34"%
35%
34%
35%
11,700
42,700
No par
(The)
8%
30
32%
No par
Inc
Conv
31%
32%
—
6,100
1,000
36% -36%
Purity Bakeries Corp
5
"
29%
109 %
1
.
18%
65%
1
Colorado—20
Pub Serv El 6s Gas com
25% Nov
Dec
,.
30%
50
12 Va
*85
88
5
corn..
$4.75 cum preferred
Public
30 y»
Oct
115
12
12
700
32
101
♦103
X80V2
13%
No par
24% Jun
24%
1
86%
13
preferred series A—50
20% Nov 10
106%
'
\
■
83%
40
No par
Procter & Gamble
Publicker
*165
43%.
>_1
B
Electric'Power Co—.—,,.-10
conv
13%
15%
85
Nov. 8
I per share
no
5
——5
Pond Creek Pocahontas—
4%%
9
Apr
Plough Inc
Plymouth Oil Co
Poor
7%
8%
89
Monday
Saturday
Per
Nov
24
x32
190
148
*140
Nov. 6
15%
-
'
*
LOW AND HIGH SALE PRICES
STOCK
f per share
9% May 10
33%
*165
20%
*19
148
31%
l
EXCHANGE
6 per share
28
17%
8
STOCKS
Jun
29
18
-
19,300
•
*
*140
100
(Hie)
NEW YORK
Highest
6
*85
31%
190
*165
169
prior pfd—100
conv
15%
15%
*165
Pittsburgh & West Virginia
Pittsburgh Young & Ash pfd
7
July
1st
20
No par
preferred class A—,
Range since Jan. 1
Jan
11%
12'A
88
*85
30%
31
_lo
Pittsburgh Steel Co com—„,No par
7%
preferred class B„
100
22
Lowest
32
101
100%
115
59%
13
*12
163
73% Feb
28% Jan 22
100 V2
88
30%
i
32
32
•
*100
12%
*85
1
33
100
57%
**'• '
144
9
161
No par
33
'
1
i"
*105
100
12%
32%
'
14%
100
100%
Pittsburgh Plate Glass Co
Pittsburgh Screw 6s Bolt
20
9
x32%
*U%
*160
Oct
13
33% V
58
14%
*138
Jun
Feb
*11%
142%
20
Jan
59%
12%
161
165
15
60%
161
11
145
Feb
18% ;
142%
27
Jan
10%
37%
18'/a
165
Jan
Dec
Dec
19%
95
107%
144
Oct
24%
18'/a
*93%
♦106%
*162
12%
V
19%
<i
r
*140
16% May 20
14% July 12
Mar
160
*107%
95
107
144
46
•
108
107
162
14
20
108
*93%
162
27
21% May
95
107'A
rl44
Dec
Feb
107%
108'A
*93%
*106 y4
144
2
61%
300
162
12% Sep
12% Jan
'-51 % May
23
*140
Jan
Jan
23
*160
10
88%
107%
95
*85
84
•
33%
Wayne &l Chic Ry com—100
gtd preferred
100
29% Feb
30% May
23
7%
33
.
22 Vi
Pittsburgh Forgings Co.,
Oct
15% May
Dec
5,900
*
106%
36%
*100
preferred
Oct
85%
80
21%
Pitts Ft
10
16
99%
21
4
10%
25
Consolidation Coal Co„
Dec
Dec
260
99%
100
14
77/a Nov
10% Feb
9
convertible
19%
May
,,,
21%
*99
15
23% Jun
35%
May
51%
3,100
21,100
\
21%
100
90
Coke & Chem Co com—No par
38
9
108 y4
19
_No par
:
11% May
57
23
60%
Pitts
Nov
71 Vi Mar
preferred
Apr
19% May
33%
23
*117/b
5
z
Jan
Dec
23
100
*10%
10
1
140
:
14%
21
900
*87%
CC ASt Louis RR
39% Jun
I per share
51%
22%
106%
93
*81
Pitts
12
Highest
Sep
51%
527/a
21%
♦93
-.37
*86
13
31"% Nov
157
Year 1947
9 per share
51%
52
99%
108
,
19%
36%
,
——
Range for Previous
Lowest
—3
common--
preferred series A
Sep
113
Feo
Oct
108
18%
1
15% Jun
14
11% Feb
$4
July 15
38%
52%
22%
*22%
95
Pillsbury Mills Inc common
8
Apr
20%
51%
99%
106
5
34% Jan
103% Jan
169
200
May
51%
1
155
Sep
49%
22
23
108
Petroleum——„No par
16
84%
10% May
*22%
*92
Hosiery
10
Oct
17
49%
54
■
106
Phillips
Feb
93%
16%
48
50 Va
52
22%
100
Phoenix
15
59% May
17
49%
52
52%
100%
——100
——
7
140
Apr
1
—
15
10%
8% May
114
16%
48%
~
54
22%
Phillips Jones Corp com new_No par
5% preferred
100
Jun
Aug
17%
51
53%
*51%
preferred
100
3.60% series preferred—x—100
12
165
3,600
,i
17
49%
53%
*99%
No par
100
com
4%
50% Mar
163%
300
.
11%
"
common—No par
Reading Coal & Iron_
Corp
53 %
25
preferred—50
—No par
—.
"
34%
13% Sep
Mar
'
■
100
11%
57,400
51
.17%
17 'A
51
.50%
*83%
92% Aug 31
102
"
17%
50
1
Inc
35%
10
Feb
Co
&
83%
22
38% July
Co
400
9
25
*98%
;
11%
1,300
39,600
92
*23%
25
*98% .100-
ll7/a
300
iS
9»/a
11%
1,200
10
31%
1
24%
12%
; *30%
10%
UVs
33,300
•
94
8%
12
17%
106
106
];'!
24%
9%
*98%
12%
11 Va
13
*
i,
31%
1 Va
-
..
6,800
37%
37%
■
100
—
17%
17%
37%
109
26
26
100
1
1A
9
26
94
95
1*6
*11%
11%
9
—No par
1
1A
37%
38%
3,400
110
17%
4
1,000
19%
29
*109%
17%
400
4,100
11%
18%
*28
110
17'/a
38
108
7%
13%
*7%
*10%
18%
29%
17%
18%
18 y8
.
11%
18 Va
*28
*109%
110
*109%
7%
*11
18%
29
♦106
100
:
7%
,
12
19%
177/8
*37%
11
12
29%
18%
17%
50
12
19
*29
19%
*29
No par
46'A
34%
11 % Nov
108
200
13
83%
87% Jan
Feb
27%
7%
13%
—100
July
63% July
93
&
3%%
97 Va Jun
F
it--.
5,200
*7%
8Va
Philip Morris 6s Co Ltd common—_5
July
87
3.200
12%
Co
preferred
preferred
Philco
45% July
Feb
101
81
Brewing
div preference
4.4% preferred
37% Nov
109
400
2%
25%
*26 Va
.
8 Ve
America
$1
8
8
91
41
2 Va
25 Va
-
13%
100
$6 preferred
Electric Co
10
Sep 29
25% Mar 16
35,000
13
—
Phila
Jun
Jan
10
20%
8%
33%c
(Chas)
2iy«Oct
14
1,300
13%
:
Corp
Philadelphia Co 6%
July 13
55
May 19
104% May 15
24% Jun 14
5
95% Mar
12,700
.
102
20
*39
2y»
25%
60
-
21
*
Pfizer
9
91
103% Sep
111%
59
109% Aug
»
7
-
13%
Co
Phelps-Dodge
2
-7
*8y8
preferred
18
5,400
5
Corp
common
62%
Jun
May
200
,
20
«
13%
,37
■
93%
■
40
2%
25%
15%
55%
*100.%
40
2Va
26 Va
28,600
-
93%
•
102
41
2%
8%
53%
20 Va
257/a
>
38,300
*14 y4
21%
19%
26
.
CLOSED
ARMISTICE
7%
-
20%
2%
2%
8%
'
4,000
4%
No par
Light Co
Petroleum Corp of
21
15%
25%
Corp com—No par
& Eastern Ry
Milk
94%
*100%:
43
EXCHANGE
6,000
42
4%
.
53%
*93 »A
41%
STOCK
>
14%
53%
93%
1
Pepsi-Cola Co
9
14%
55%
93%
7%
7%
22
20%
*41
l
2.50
RR
9
7%
15%
54
94 y2
55
*93%
102
20%
Mines
16 y4
56 y8
*15%
94
41%
4%
No par
preferred
8% Nov
16
55%
*100%
Peoples Gas Light & Coke
Rights
21
lli Oct
11
8%
1
Co
Cement
Pennsylvania
22
Apr 22
45% Jan
28
8%
22
.
Coke
&
10 % Feb
9% Feb
8%
7 Va
Enterprises
Glass Sand
24 % Nov
98% Oct
8%
21%
Pennsylvania Salt Mfg Co com—_ 10
3%% conv series A pfd__——100
Peoples Drug Stores Inc
5
26%
May
Dec
8%
*15%
Penn Power <fe
38
May
8%
3%''
4%
8%
20% July
6
22ya May 24
111
May
4%
l
Penney (J C) Co
24%
6
4%
lOo
Penick & Ford
Feb
36
23
43%
4%
.
41
Shares
$ per thare
—No par
&
Nov
Sep
Dec
40%
4%
43
No par
Proof
48%
16%
43%
55
Inc
9 per share
4y8
3%
4'/a
4%
*93
preferred
4
4 Va
4%
No par
Transportation j-
Mines
7
Apr
13% May
22%
Inc
Parke Davis 6s Co
2
6% Mar 16
Cos
4%
t per share
$ per share
44%
par
Refining—.
Paraffine
11% Jun
May 27
4
100
28
29
15%
Pipe L com—No
preferred
t per share
*
44%
4%
No par
11
Nov
4
l
lo
American Airways Corp
2%
Pan-American Petrol & Transp___5
38 %
38% May
-
Car
12
20
96%
Motor
Panhandle East
55
Dec
Feb
Packard
S ptr share ■
Pan
Jan
9%
par
,
.
Pacific Tin Consolidated Corp
Pacific Western Oil Corp—
6
liy2May21
21% Jun 21
90
Jan
.,.
62% May 21
5% May 17
40%
5Vu
share
No par
common'
preferred—
——100
No par
Quaker State Oil Refining Corp__ 10
''
'
•
31
y107'
28%
21%
'
31%"
108%
29
'
•29
'31% "31%
*
•
107 %
28
•
*21
21%
108"
28%
22%
31%.
0
"28%
*107%'
108%
107%
27%
23%
x27 "
*21
22%
>21
30
107%
27
22
8,600
29%
30%
107%
107%
300
♦27'A
28%
1,900
21
300
21
R
11%
68%
Dec
80%
Feb
8%
Dec
15%
7% Feb 20
Jan
94%
Dec
28% May
105% Mar
41
Feb
63% Feb
6% Oct
89
28
Nov
15
Jun
17
75% May 27
11
11% May 19
7
10
98% Jun
4
Sep 30
34% Jun
18
17% May
32
Dec
22% Feb
20
X36
July 28
32%
38%
Feb
31
28
35
May 17
Dec
16% May
Jan
Radio Corp of America com—No par
Ralston Purina Co 3%%
11%
*67%
7%
69'A
7%
pfd—100
*91
No par
1
29
27%
—25
32
Raybestos-Manhattan
Rayonier Inc common—
$2
11%
par
1
No
$3.50 1st preferred
Radio-Keith-Orpheum
preferred
common
50
1st preferred——50
20
27% July 12
Dec
22% July
48% July
16% Feb
37
36% Feb
24
45
Apr
27
4%
non-cum
33
Nov
39
31
16
39
Jun
2
4%
non-cum
9 %
May
July
18%
Feb
96
Oct
11
May
16 Va
Feb
108% Mar
Feb
10% Feb 24
101
Jan
21
11% Feb
11
9% Oct
15% May 27
105% July 12
13
18
May 21
Reading
14%
Nov
29%
Feb
10 %
12%
21
Oct
14% Jan
Dec
17%
Feb
9
Nov
3
•
Dec
84'A
Feb
55
Nov
10
12%
Dec
17
Aug
10% Nov
5
96
Nov
102
Jan
94
Nov
6
24%
Jan
Oct
16
Oct
21
62
33 y«
4% May
3% Dec
9%
Dec
9%
22:% May
101% Dec
14
91
May
Dec'
Jan
6% Feb
8%
Feb
2% Oct
6% Oct
15
Aug
4
15% May 21
99
30%
Feb
113% May
24% Feb
110
Apr
Aug 24
29% Jan
13
Feb
13% May 24
66
10
15%
7
25 Va May 21
6
13% May
7
8
5% May 20
•
22% Feb
103
11
Jan
5
15% Feb
10
82% Feb
17
11% May 21
33% Oct
23
111% July 14
21 % May 15
102
Oct
21
2nd preferred-—50
Real Silk Hosiery
7%
Bros
7%
div
prior preference
X0/
Corp
No par
Stores
5
series—;—100
50c
—:
25
Reliance Mfg Co common
Conv
pfd 3%%
Remington-Rand common
$4.50
preferred
Motors
1
Inc
Republic Aviation Corp
1
Republic Pictures common——50c
$1 convertible preferred
10
Republic Steel Corp com
No par
6% conv prior pfd series A—100
Revere Copper 6s Brass com—No par
5%% preferred
100
„„
18,500
89
89
*90
92
29 %
29
29
28%
29%
28%
28%
700
28%
28 Vz
29
26%
27%
26%
27%
28 %
29 %
4,900
32
32 %
32%
32
32
32%
32%
32%
32%
21%
22
23'A
41
37
37
13%
12%
12%
104
13
*98
12%
*9%
10
*9%
*22%
23
*22%
104
12%
9%
23
10
10
10
58
*55
58
10%
11
21%
22%
*41%
42%
37%
36%
36 %
*35%
37%
/
300
12%
12%
11
11%
*11%
12%
j
500
22
23%
42
42
104
12%
104
12%
*103
12%
106
12%
9%
9%
*9%
9%
21%
22 %
21%
21%
9%
9%
*55
10%
43
103
12%
*9%
*21
9%
10
X9%
53
55
55
55
11
10%
ioy8
10%
103
13%
10
23
9%
55
10%
94
94
17'A
17%
17%
16%
16%
16%
17
8%
7%
S%
7%
7%
8
8%
7%
8%
2%
2%
2%
2%
2%
2%
2%
2%
95
*92
2%
2%
*6%
6%
6%
6%
6%
30%
29%
30%
28%
29%
no8
17%
*98
111
18
100
*108
xl7%
*98
109%
17%
100
106%
93%
17
6%
*90
16
6%
30
28
108
105
93
*90
400
43
10%
*92
800
4,300
*36%
10%
8%
80
89
91
41
9%
800
7%
29%
23%
*55
11%
68%
7
91
37
*12%
11
68%
'7%
29
42
*98
11%
67 %
7%
93%
23%
*12%
102,600
10%
*
89
(Robt) & Co—
$1.25
Reliable
Reo
67%
7%
67
11%
67%
7%
37
22%
50c
Inc
10%
69%
7%
*41
5
100
common
preferred
Reeves
Reis
Dec
20% May
Co
.
11%
68%
-
7% May
93
16%
20
1,900
200
300
1,100
80
13,100
100
2,700
12,000
5,900
6%
*6%
6%
500
28%
28%
29%
57,900
105
16%
17%
16%
17
98
98
98
98%
*104
16%
*98%
106
400
17
7,800
99%
160
MM
For footnote*
sew page
26.
Highest
$ pershare
$ per share
Feb
Nov
9
39
Jan
19% Nov
9
29 % Apr
Jan
92
Mar 19
104% Jan
5
5
May
16%
Feb
36% May
44%
Feb
41% Jan
Drug Inc
2
Common
May
Dec
46
May
50
Jan
8
Dec
Oct
14
94
Jun
1
Apr
25%
Feb
Feb
80
19
18% Nov
10
24% May 18
13%
Jan
18%
Dec
15% Jan
26
49
Jun
21
Richfield
31
Feb
20% Nov
9
28
Jun
15
Ritter
10% Mar
4% Sep
29
6% Feb
5
19% Feb
14
23% May
5%
Sep
Dec
18
19%
Sep
20%
24%
Nov
15% Mar
Oct
17
23% Oct
42% May
68%
Oct
54 % Jan
22
17%
26%
Feb
9% Nov
Dec
26% July
17% Oct
19
108
Dec
114% Mar
40
jun
55%
Jan
107% Sep
39% Feb
24
5% May
12 %
Jan
8% Feb
11
16% July
x20
18
May
37%
Dec
32% Feb
66
Dec
68%
Dec
67
57
Dec
60%
Dec
58
9
Jun
12
Oct
80
Dec
98% July
21
6
8
Feb
13
13% May 27
79
Feb
18
91% May 20
10
15% Aug 24
5
35% May 21
7% May
11%
Feb
8% Feb
.55%
Jan
25% Mar
Dec
49 %
Jan
39% Mar 10
92
Dec
103%
Sep
88
90
Dec
102% July
13%
Nov
.18%
83%
Dec
Jun
101
95
Nov
5
Jan
93% Apr
3
1-5% Jun
87
Oct
7
Feb
13% Feb
11
26% July
Apr
4.40%
Elec
3.35%
Feb
44
Feb
19
62% Jun
7
Nov
15% Feb
10
20% Jun
14
Seaboard
Mar
43'A
Dec
35 % Feb
11
59% May
Seaboard Oil
10% Feb
40% July
8% Oct
6
25
31% Feb
5
43% Nov
4
Feb
10% Apr
29
Oct
11
6%
Dec
10 % May
Dec
101:
16%
16%
16"%
97A Mar 16
Feb
94
Feb
26
25
25
*25
25%
25%
25'A
21
22
21
21
21%
22'
1,800
19%
20
19
19%
19
19%
3.800
60%
61
61
58
61
58
58
57%
58
1,000
10
10%
*9%
10
10
1CT
1..00
17%
9,100
t c~—100
.....—5
Co.:
Feb
Mar
9
13% Oct
20
Sheaffer
35%
Dec
28% Feb
11
46% Jun
15
Shell
6% May
9%
Feb
5
% Nov
10
7% Jan
5
4
6%
Feb
4% Feb
5
27% May
41
Jan
26% Nov
39
Apr
51
Feb
14
May
18 %
Dec
29% May
87%
Dec
23%
25% Oct
35'% Jun
10
39% Jun
Sep
9
91
Sep
29
98
July
Dec
35%
Jan
17
Nov
12
26
Jun
17%
Dec
14% Feb
11
23
Jun
104% Jun
14
~5%
Feb
96
5%
42
Oct
8%
Nov
54%
Apr
22%
Jan
5
12
5% Mar
Jan
14% May
Nov
3% Nov
5
8% Oct
17
45% Aug
3?% May
56
40%
Nov
42%
27
Dec
34%
28 %
"
22
July
39
Feb
52
Jun
7
60
Oct
16% Jan
8
...Jan
43% May 24
Dec
37
42% Jan
Jan
25% Mar 16
Feb
20'% Feb
Mar 17
27
9
....
1
(W
A)
7%
7%
7%
500
37%
38%
39%
40,100
11%
11%
11%
11%
11%
11
11%
38'/s
11%
11%
1.800
*6%
6%
6%
11%
31%
99
99
5%
11%
*98%
*28
26
28
26%
26 %
26%
39 %
35%
38%
37
37%
23%
22
23
35%
21%
36%
23%
22%
22%
22 %
78
*'76%
76%
76%
200
io%
10%
2,300
*76
*76%
10%
16
10%
*13%
14%
14
14
37%
37%
38%
5%
5%
5%
6
4%
4%
4%
27'A
4%
27%
27%
28
37
37
36
36
23 %
23%
23%
23%
78
10
10'/8
*13%
13
Xl2%
37%
35%
5 %
5%
"V 5%
4%
4%'
*12%
36%
-■
119
26 'A
36
36
35%
36
35%
21%
22%
22
22%
22%
118%
xll5
115
111
107
in
21
21%
20%
21
21
21%
24%
26%
25
26
25%
25%
4,400
'33%
30%
30%
2,300
preferred
4.20%
Carolina
32.%
30
30%
29%
30
*82
83%
82
82
83 %
83%
*82
83%
92%
*91
92'A
91
91%
*90%
91%
130
19%
91%
19%
*90%
19%
17'
800
iy%
r
E
&
Co
G
19%
17%
17%
98
93
3%
'
19%
17%
*97
7%
South
57
55
46
*41
Porto Rico
8%
12%
Sugar com.No par
preferred
Southern
Southern
Pacific
Southern
Railway
40%
*36%
16%
17%
16%
96
97-
97
3%
3%
3%
3%
7%
7%
7%
7%,
7%
53%
55%
53%
46
12%
37
v-
*41
xii%
12%
40 %
41
37
40
53
*41
*52%
*44
12%
39%
40%
40
*36%
37 /;
28%
29
28 %
28%
28%
27'%
27%
28
27
28
27
28
27%
53%
52%
54
50
53%
49%
50%
50%
44%
44%
44%
42%
44%
X40%
42%
40%
42
July 12
5%
preferred.—1—100
63%
"63%
63
63
Aug
69
62 %
60%
13
62 %
x60%
81
73
Jan
Mobile & Ohio stock tr ctfs_—100
69%
69%
70
70
69%
69'%
69%
69%
6
STOCKS
$ per share
I per share
May
20%
Feb
14% NOV"
May
7%
Feb
8"
May
14%
Jan
5
Jan
63
73
Dec
93%
23%
Sep
4
31% July
16% May
8
24%
t per share
26
20% May 20
7% Jun 25
9
'8% May 27
Aug 25
73
Jan
29% Jan
2
20
30% Jun
18
May
Dec
17%
Feb
7% Mar 16
14
90%
Feb
61 % Mar 17
74
18%
Feb
15% Feb
23% May 15
29 % Jan
2
27.
Nov
99
Nov
23%
Dec
83
Dec
17% May
81
May
May
89
50% Mar
37 % May
Mar
63
23% Jan
94
Dec
45%
112%
37%'
Jan
16
21% Aug 19
Feb
95
Nov
12
Jan
x21 % Nov
10
Aug
102
79% Oct
18
May 15
May 14
Jan
104
29% Jun
3
91% Jun
Standard
$3.50
Brands
53
Jun
16
Standard
Oil" of
92% Jun
15
Standard
Oil
of
New
Jersey
35
Jun
14
Standard Oil
of
Ohio
common
97% Jun
11
3%%
15% Oct
23
Standard
41%
May 26
prior
pfeferred—i
$7
prior
preferred
Standard Oil
j
4%
Indiana—
convertible
Starrett Co
23
96%
95
95%
260
22'A
22
22%
8,200
82
19%
f
20'A
Jan
15% Sep
24
17
Feb
11% Jan
6
25%
Feb
16% Mar 16
15%
Feb
109%
Apr
7% Nov
92
75% Mar
125
12%
Oct
45%
24%
100
109 %
109%
x64 %
G5%
Inc
Jan
9
21
160
Dec
13
May
24%
May
47
140
Mar
1
11
1
43
17
see
13,100
*89
91
90%
90%
90 %
90%
400
13%
xl2%
12 A
12%
12%
7.800
40! a
*40
40%
*40
40%
100
37'a
*37'A
38'A
200
13%
13%
13%
12%
41
40 'A
*40
37%
37%
13%
34%
*87
13%
34%
91
91
13'A
34%
13%
'34%
40
*37%
34%
91
*87
15%
15%
15%
16
15
16
.1
23%
24
23%
24'A
22
24 %
Chemical Corp common
1
$4.50 series A preferred——No par
*90%
77A
No par
67%
7%
94
67%
7%
*90%
68
116%
115%
_1
11%
11%
11%
—25
18 %
18'%
,—100
4 % %
preferred
series
A
4%%
preferred
series
B___
*115
115%
12
18%
26 %
12%
16%
■
13'A
11%
7%
,
16%
7%/
94
*90
67%
68
-
37%
13%
%
"
i
*12%
34%
25%
34'A
*87
26
12%
10%
16'A
25'A
12%
10%
5.000
3,900
16%
16%
14%
16%
15%
15%
15%
8.400
22%
23
22 la
23%
41,700
7%
3,800
7%
1
J..
7%
*90
.
*90
116%
115%
115%
150
11
11%
11%
11%
36.800
*17%
18%
18%
18'A
18%
13%
1,300
19%
%
38%
9%
9%
9%
9%
Superheater Co
22%
22%
21%
22'A
21%
22%
Superior
California.
16% Jan
19
Sweets Co of America
(The),
—25
50
10
4.16%
*
*160
180
15%
*39
8%
*165
182
15%
15%
15%
40
40
40
9
9%
9%
1.500
*115
11%
39
of
94
116%
lO'A
Oil
600
11'A
*115
39'A
Superior Steel Corp.—
Sutherland Paper C'o_
•
67%
20%
9
■■
67%
10
14
■'
67%
20'A
19% Jun
'
7%
94
67%
37%
44% Jun
4,900
12%
37%
11
26
11
20'A
23
900
4,800
12%
,10%
-23
13
34%
91
30%
10%
20
,'1
91
37%
In®
■
13%
34
*87
—12.50
Biscuits
25
*18
7%
94
68
25%
10%
*
Co__—
10c
(The)——No par
Sunshine
Mar 12
58,300
27%
No par
Feb
page 26,
21.100
74
27%
16'%
14
lo
41
73
16%
38
8% Nov
40
73%
16%
common——
1,700
27
*16%
Sun
15.G00
•
40%
11%
(The)J
61%
106
26%
13
*
60%
72
a
26%
20
500
105%
61%
75!
12%
Feb
Oct
;
21,300
28
90
14
220
19'A
96
39%
42%
90
,
A
82%
18%
96
1
t
12
90%
•
11%
28% Jun
Jun
*87
900
27
75%
28%
26%
Sunshine Mining
235
40
42%
74%
27%
11%
July 13
11% Mar 31
9
x42 %
74%
,
-
106%
105
»
64'A
26%
Mar
21%
For footnotes
18% Feb
61%
'
I ',
210
5,000
.
*
13
Class A 4%% pfd—
;
Sunray Oil Corp common—
26% Jun
''v
63
60%
109%
106
*66%
82
93
11
1
21 % Jun
9 % Mar
Oct
Co'Inc.———15
Sun Oil Co
9
'
8%
DAY
19%
93
.27%
13'A
9
19% Nov .10
34% Mar 2
ARMISTICE
82%
18%
96
12%
7
July
82%
20'A
26%
11% Jan
15% May 24
,
18 %
1
98% May 25
120
96
95'A
20%
5
20-
11
20
—
10
31
*22
x21%
common
&
Stiidebaker Corp
9 % Feb
Sep
(J P)
1
113% Jan
Sep
Stevens
15
70% Jun
23'A
*22%
.<
101
90%
Stewart-Warner
29 % Jun
July
*82
*99
74
27%
Stone & Webster
50% Mar 19
13% Mar
36
Oct
18 Va
9
8%
9'A
111
67
43%
42%
25
.10
34%
21%
9
102
*100
111
65%
*13%
17% May
Jan
22%
1
32% May
8% May
14%
23%
Sterling Drug Inc common——___5
3%% preferred
—100
18
Jan
24%
Sterchi
8
101%
24
7
Jan
Jan
24'/a
8
20
7%
24'/a
15% May 21
Corp
Stokley-Van Camp Inc
5% prior preferred
Dec
16%
39% Jun
2
114
16%
97
Jan
July
16'A
11 % Mar
18
16,700
8%
68'A
16'A
88
May 21
16% May 26
8%
8%
66'A
16%
16 %
32% Mar 12
11
10,000
67%
Jan
10
25%
16
Jan
36 %
25%
67
18
12% Feb
20
1,400
67
39%
Stores
1:-v.A
16
*38
Bros
500
'
23%
67
8%
(The) L S—.No par
10% Nov
May
26
41
Oct
10% May
25%
*40
Feb
51
25%
50
24%
105
27%
49
Jun
68
23'A
16%
—25
preferred
19%
Majy
27
common—_1
14% May
16
27%
:
Spring
5,300
68
No par
preferred series A_.
Steel
1,500
5%
5
16'/a
No par
13% May
% May
CLOSED
8%
15%
5
?...
*66%
.-.No par
California
of
Oct
10
EXCHANGE
23
■
$6
36%
Jun
68
23
27
Shares
par
Standard G & E Co $4 pref—No par
36% Nov
19 %
*62
23%
83
11
16
G6%
23
*82'A
13
Feb
*64
24%
26%
No par
.
27
9
for
the YVeek
*62
;■
67
83
preferred
24% Feb
25 % Nov
80
4%
STOCK
24
23
69% Feb
43% May 11
is y8
5
67
22'A
July
6
-
Sales
$ per share
3'A'
.
24'/a
23
31% Aug
10
900
-
Nov. 12
69
22%
80
11
5
22%
82%
15
Feb
4%
5'A
22%
22
38
5'A
5
com—No par
Inc
Oct
Feb
61%
71
Friday
Nov. 11
$ per share
15'A
5
5'A
96%
Jun
Feb
15
15
5%
5'A
96
73
49
14%
15%
5%
95%
121
41%
15'A
5%
95'A
27
104% Mar
Thursday
$ per shar'e
$ per share
,
*96%
27
•
$ per share
*95%
97% Feb
14
Dec
11.300
;
PRICES
Wednesdays
Nov. ID
__No par
36% Feb
10
Dec
preferred———
54% Jan
37
5,000
35,300
,
..1
& Sons common
July
44% July
Oct
May
$4
10
11% Feb
34
(E ft)
Squibb
11
Oct
SALE
■'
Nov. 9
■*.
3,000
5
preferred—No
———
10
89
88
$4.50
86
Feb
12
Conv
18% Nov
47
HIGH
AND
Tuesday
Nov. 8
61
*69%
24 %
—
Feb
105
Monday
6
*67
Kellogg & Sons.——1
Sperry Corp (The)
1
Spiegel Inc cbmmonZ-_.___.__i.___2
Jan
Jan
May
$5.5o preferred—.—...No par
Squai"* D Co
16
5
*5'/a
Spencer
Feb
27% May 15
109% Oct 22-
*15%
—4_.N0 par
———1
36%
63
LOW
t perthare
& Bros Inc..——1
125
17%
37
(AG)
Withington...
Spear & Co commonl
29
10% May
Jun
Spalding
Sparks
Par
114%
Feb
■'
Saturday
...
Nov. 6
;
5
27
13% May
68%
A '
„
%
J
•
Feb
9
'
STOCK
EXCHANGE
Nov
22% Sep
20% Feb
Oct
NEW YORK
;
Highest
f per share
4 %
Jan. 1
1
51%
44
70
•
2,800
—;
27%
52"%
50% Jun
par
,
28%
11
Co———No par
3,200
39%i, ,4 In Ac
*36 %" V-3T--
'
29%
11
commbns._No
700
27%
7.50
8,900
12'A
28%
20
Range for Previous
15
12
29%
43% Feb
non-cum
500
3,400
46
12
'i *36%- -37^-
77,500
-
54
46
52%
46
12%
*36 %j
40
17
96
2%
■
29
—25
Southern NaturabGas Co....
13
40%
•
—25
Edison
California
18
96%
3%
8
*41
Greyhound Lines——5
17
7%
7%
*53%
preferred——__—50
conv
18
96%
7
3%
preferred ————50
5%-
18
17%
3%
7%
Southeastern
18
98 %
3%
com_4.50
5%%
!
x32%
Corp 4% pfd—100
& Platinum——1
Amer Gold
South
34%
83%
*91
preferred _—100
Solvay American
South
2,460
*82
.100
—
58 % Feb
Range since
2,400
28
33% Feb
Lowest
115
21'/a
Dec
*
700
103,300
.
27%
Feb
Highest
4,500
,
21%
(A O) Corp—
Jan
Year 1947
5,200
2,700
35%
23%
13,000
.
27%
50%
Lowest
4 %
26%,
77
Oct
5%
26%
50%
Nov
68
36%
5%
*4%
4%'
27%
117%
119
1,800
500
26%
7
7,100
14
36%
5%'
4%
7.400
,
1
10%
10%
14
36%
'
■
78
26%
'
......
350
27%
78
.
500
6,200
100
38%
Apr
23
;ii%
39%
30% July 12
62% July 9
57% May
6
11%
*98%
May
34%
28
*5%
11 %
100
28
37%
Corp
5%
12
100
*98%
*75%
—15,.
6
li
;
23%
38%.
:
7%
5%
11%
99
• 10%
Corp of America———l'
Cbalitioh Mines—'—5 ;
Co.
7%
40
*22%
G»——No par
Pen Co..*___i—1
Oil
*7%
37%
26%
•
pref series A—No par
(Frank
7%
40%
27%
15
30% July
Gas—
4,700
*7%
x39%
8
21%
6'
36% Mar 17
12,900
27%
22
9
&
Corp..
Smith & Corona Typewriters.No par
Socony Vacuum Oil Co Inc.——-.15
22
xllTA Nov
83
21%
9
May 17
4
Oil
conv
3% %
16
3% May
20%
*81%
Smith (A) <fc Sons Carpet Co com—20
9
13% Mar
19%
83
.——10
Smith
Apr 19
90
20%
42%
6%
.No par
Skelly Oil Co.—15
Sloss-Sheffield Steel & Iron..
—20
18
81
19%
99
,
No par
Simonds Saw & Steel.—No par
3
21
11%
-
Silver King
23
9
29% Nov
39% Oct
102% Jun
11
*81%
19%
11%
No par
22
Feb
84
22
59%
61
*7%
.
,—.—5
12
18
83
20%
21%
41%
-
Co—...—No par
&
2
24% Nov
*80%
83
100
1,900
1,300
21
Oct
13%
1,900
Apr
23
13%
.
39
15 % Jan
May
88 %
38%
78
15
89%
*87%
13 %
13
*87%
38
4
21
500
88
88%
36%
25
Jun
13%
5,800
25,200
40%
Feb
160
88
12%
37
Aug
10
49
*87%
88
*81
27
48%
40%
10
92 % Feb
89%
13
13%
26 %
49
39%
68
De'c
13%
13%
*87
**87%
12%
26%
39%
Feb
117%
89
12%
25%
39%
Feb
Mar
89'%
*88%
12%
*48%
Co of Del——No par
21%
65
*87
89
13%
17%
82
21
88
12%
270
58%
Dec
% Jun
27%
49
13'%
30
85
17
SLeel
Sinclair Oil
26
49
*57
par
8
28
47%
88
par
Jan
27%
47%
*84%'
27,1C0
58%
,——No
44
13%
85%
80
9'A
9%
17%
Shamrock
32
85
50%
9%
I
1
58%
Sharp & Dohme common..—No
11
9
85
27'%
13%
90
17
10
Feb
85
6,500
109
90
57%
2
22'
15
85%
41%
108
90
89
9%
9%
40%
105
101'%
95
17%
46% Oct
35% Mar 13
85%
86
9%
40
39
41%
103
*90%
9%
9%
39%
103
94
58%
27% Jun
Union
41%
113
*90%
25,800
17
9
Shattuck
40%
*107
95
230
5.1U0
11%
57%
24 % May
■j
41
110
,10%
17%
11
May 15
11%
60
11
Simmons
10%
*17%
Feb
36
11%
50%
17%
Nov
9
10%
109
17%
17% Feb
Sheraton
12
17%
500
-1
—
30
■7% May 18
11%
13%
A——.100
series
Finance Co.—
26
Apr
50
20%
70
,
109
50%
*80%
Oct
Dec
17%
10.9 %
49%'
26%
—100
Jan
11%
17'A
109'%
5).
*47
t c_.No par
v
Dec
$3.50
18 %
109%
49'%
13%
40%
14% Dec
17%
109%
51%
*88%
preferred
Sharon
17%
109%
*85
5
33%
36% Jun
17%
40%
110
—100
—
9%
50%
12%
Co_4_100
9%
10%
109%
J.1%
pfd
com
9%
17%
t c—No par
v
*
*60
50%'
May
30%
25'%
109'A
17%
109
10o"
18
Apr
9,700
26%
24% May
20%
10%
22
(The) common—5
Co
Roebuck
$4.50
9%
20%
Servel Inc common.....—_—A—1
31
5,000
10
9%
22
Seiberling Rubber Co—————_—1
1
Jan
10%
26,400
20%
—.—
Seeger Refrigerator
8% May 15
14% Jun
104
100
5
26
No par
preferred
Sears
20
5
20%
5
Seagrave Corp——A
12% July 12
5% Mar 17
Feb
Jan
110
5%
27
5%
21
.—5
5%
A
preferred
55
5
26
series A—,——100
Seaboard Air Line
6
9%
49 %
v
Mfg Ca 3.65%
Scran ton
10%
2,500
26%
20
10%,
1,300
18%
27%
*19%
5%
260
83
18%
20%
$3.40 preferred
Scovill
x25%
20%
5
46
82
DAY
20%
—
Corp
Arms
Savage
30
20%
10%
10
9%
pfd
26%
20%
5%
*20
7,600
*19%
30%
5%
29%
30%
20%
35%
*44%
ARMISTICE
5%
29%
*20
Paper Co common...—„_5
Regis
19%
Mar 25
18%
*90%
Dec
5
83
18 %
preferred———100
17%
5% May
30% May
46
83
19'/?
5%
...
series
39% May
23
*45
83%
19
Schenley Distillers Corp
.1.75
Paper Co common.—No par
12
Nov
46%
83%
20
Scott
24
3
46%
84
————10
non-cum
1st
7
j
98% Mar
St
9
13
79
Jan
5%
May 27
88% Feb
47
370
1,000
34%
CLOSED
6'%
2
St Louis Southwestern Ry
16
51
.
Lead
Preferred
48% May 15
139% May 28
35
6%
—No par
St L-San F Ry Co com
2
40%
24%
St
11
23% May
11% May
9
29
34%
19%
Stores common
16
Jan
35 V4
84
25
Safeway
2
Jun
Jan
•
34%
6,900
'
EXCHANGE.
.
47
_
21% Jan
preferred
7
L03
—-—1
(Jacob)
Joseph
6%
20
Wits Inc
Ruppert
5%
6%
47
Controls com__l
61% Jun
113
6%
84%
47
-No par
Ruberoid Co <The)_—
May 28
18% Jan
6
7
35%
*83
preferred
conv
7
35
7
18,300
22
101%
;
for
Shares
5%
21%
'STOCK
Sales
the Week
share
5
21%
102
101%
.20
—...No par
Typewriter
Royal
72
9
Dec
Co
Corp—
Art Metal
Ronson
11
27% May 27
101%
$ pe
5%
19%
22
19%
101.
35
*6%
34%
Antelope Copper Mines
4%%
29% July 12
8
Mar 16
Oil
5
5%
5
5%
21%
101'A
10
Robertshaw-Fulton
July 12
5%
21%
101%
Friday
Nov. U
Nov. 11
* per share
share
,.100
series....:
3.60%
Company
Roan
5%
22
104'%
( per
f per share
*——1
—
Preferred
Rheem Manufacturing
7% May 21
12
5%
21%
Thursday
Nov. 10
Nov. 9
>1 per share
PRICES
Wednesday
Tuesday
*101%
1
Tob class B„ J—10
Reynolds (R J)
85
6
t per Share
<
——2.50
t.
Reynolds Spring
45
104
Par
,
Reynolds Metals Co com—.No par
5% % convertible preferred—.100
11% May 26
10
34 % Nov
50%
12'
6% NOV
9
Rexall
22
124
HIGH SALE
LOW AND
,
May 15
8
11%
Jun
Dec
Monday
Nov. 8
Nor. <»
*1perthare
# per share
May
6%
19%
90
Saturday
STOCK
EXCHANGE
Highest
Lowest
YORK
NEW
Range since Jan. I
Year 1947
Monday, November 15, 1948
RECORD
STOCKS
Range for Previous
<
CHRONICLE
STOCK
YORK
NEW
Lowest
FINANCIAL
COMMERCIAL &
THE
<2024)
24
<
165
14%
*39'A
8%
20%
19%
39
38
165
20
155
155
15%
14
'A
14%
40
39 %
39%
9%
8'A
8%.
19%
19%
36%
.
38%
,1900
*9%
10
6,300
21%
23%
3,300
155'A
*14%
39
8%
156
15%
39
8%
6,800
600
2,600
400
4,200
Volume
168
Number 4751
THE
COMMERCIAL
NEW
Range for Previous
Range since Jan. 1
"Highest
Lowest
$ per share
f per share
20%
Dec
27 *4
Jan
11
Nov
12
1834
Dec
28%
Feb
17% Feb
27
2§
79%
Dec
104 V* Mar
80 % Apr
21
9i
10
May
29% Sep
Jan
10%
Feb
7%
Aug
53%
Sep
Jan
24
46% May
3"% Feb
15%
Jan
18%
12%
34%
583/*
15'/*
Dec
Dec
19%
Dec
15
25% May
Feb
45% Feb
11
5
10
24
Nov
10
14% Jan
27% Nov
12
46'A Jan
12% Apr
15
15% May 21
Feb
6
Feb
6% Nov
Dec
60'/*
Feb
40
14%
Feb
7
16%
Jan
24%
Sep
16%
Feb
May
85
Dec
59%
106
20
May
May
18'
Sep
29
13% Apr
Apr
30
24
5
19
Jan
.*
39% Feb
Mar
7%
39%
3% May
14
7% Oct
Oct
1038
Sep
Feb
85
11
Feb
Feb
Dec
Feb
15% May
21%
Feb
17
40% May
53%
Oct
44
Mar 16
10 %
15%
$3.75
10
10
5
5 % May
99
Dec
7%
Feb
5% Feb
11
112%
Feb
12%
Dec
15V4
Nov
Dec
38%
Jan
'f 34% Aug
107b May 15
19 % Aug
5
25% Mar 31
17% July 30
Jan
32
Nov
10
92
Jan
27
16
Feb
Nov
51%
Feb
9% May
17'/*
11
5 % Mar
24
Oct
36% Jan;
4
Jun
17%
17%
173 b
No par
Iff
65
65%
633b
7 i
22
22 %
6% Nov
$6
ARMISTICE
16
18,600
1674
15,200
63 7b
59 '
61
61%
62
20 Tb
19
19'/a
193b
1934
17,400
11,300
DAY
5,900
3534
3634
50
*48 7b
50
50
367b
37
49
48
12
12%
4834
12%
48%
12%
48%
11%
800
12%
117a
12
16
16
15%
16
12 74
15%
153 b
12%
8,400
15%
15%
15%
157b
2,000
3,500
674
7
27%
28
*26
27%
13%
*13%
13%
7
40
7%
20%
20%
9%
47%
47
*88
89%
i'
3%
37b
297b
24%
24
11
9%
33b
3%
3.500
29%
500
23%
25,800
3%
22%
1027b
10?%
103%
1834
1974
1734
18%
18
45%
445b
45
44%
4434
45
22%
,.
23
11
13 74
13%
107b
10%
.
•
103
77 b
10%
107b
133b
U%
1174
17%
1774
674
11%
"18 74
7%
67b
98%
147b
1874
*97%
98%
14 A
14%
98
9874
97%
14%
1874
15
14
•
19
32%
327b
32%
"32%
32%
99%
*97%
98 7b
*9774
98%
*97%
57b
900
7%
62,400
97%
1474
500
3,300
1874
13,000
14
5%
57b
t
*5
28
7%
53B
*2634
774
5%
27%
7%
7%
26
7
1774
18 %
32
26 %
32
7'A
:
18%
*32
34
*97%
98%
574
574
26
26
10,600
5,300
12
977b
987b
5%
*5%
10%
67b
18%
15
3,100
.
18%
7
32%
19
360
8.900
45
1634
15
*26
'
12
97
*
185b
16%
177 b
9,400
103
73b
*16
7%
107b
23
,
V
<
•
28
*97%
—1
50
3%
'
102%
1074
13%
17%
974
46%
887b
.
■
19%
96
Twiij City Rap Transit com
No par
57c c>nv prior preferred..
150
"8%
46
*87
*
\
,
24%
13%
<v
1,300
102%
'
No par
2,500
*
24
90
874
1934
*27%
887b
28
40
73 4
457b
3%
280
1934
,
29%.
'
12%
No par
'
45
4574
*15%
preferred—No par
3.500
19%
19%
7%
7%
20
*8 7b
*87
.
1
i
67b
102 7b
103
■
500
6 7b
•
*
f
■
30%
11
13%
*39
4*%
46
3%
45%
674,
77b
88
3074
19 %
6%
27 %
1374
y
'
40
197 b
,
9%
7b
45
88
"
.
30
*102%
1-
—5
Co
*8%
47'A
88%
24
•:
6 Vb
,
7%
203b
*8 7b
37b
67b
277b
•:
1334
*39
203b
29%
No par
com
■
40
9%
:
...5
preferred—
7
40
47
...
'■
,63b
.
2074
3%
6%
27%
"
*87
.No par
6
273b
*13%
74
8%
com.-...10
•
41
13
*7 7b
•'
—Nd par
1
7
41
4174
6%
273b
13%
*8%
No par
com
7
6%
*26
*2078
.100
.....
7
6%
774
No par
com
6%
774
..15
conv
Coach
54
50
preferred
Twin
500
3,200
50c
prior
5
16%
15%
1,400
4 7b
533b
53%
15%
%00
$1.50
14% Jan
177b
10%
4%
..No par
$4.50
21
523b
10%
15%
40
A
Century Fox Film
CLOSED
36%
Truax-,Traer Corp
20lh
EXCHANGE
15 74
6.000
39
1.2
Corp
i.—
Transcont'l & Western Air Inc..—5
*
16
61
10%
4%
4
55
-19 Vb
..
STOCK
7b
15%
,
74;
170
5 74
333b
—1
•
527s
213 b
.
9%
5%
6,10(f
39
Axlex.
•
63%
x21
4
16 7b
30 'A
38%
5
32% Jan
10
1
Bearing...'.—No par
-
4 74
""157b
17%
'Tr^nsamerica
8% May 27
17
'■
10%
4%
167b
"
1
preferred
V
4%
16%
57b
103b
10%
10%
4%
574
56%
11
100% Jun
10
-Trapsue & Williams Steel..
No par
Tri-Contincntal Corp common..
1
107% July 22
Jun
*'
7
22% Mar 11
5
48
Dec
.
Nov
13t% Jan
12V4 Mar 16
104
Dec
30
96
—9
84
5 7b
55
Tide Water Associated Oil
.
May 21
23% Apr
574
*
Detroit
Roller
IS1/* Nov
5%
85
57b
56%
preferred
cum
Timken
1174 Nov
7
$3.50
Timken
10% Nov
93
4
55
Jan
85
5%
*13%
Products
23,7b May 27
Jan
85
Co__
Thompson
1047b July 12
Nov
85 7b
5.%
preferred—..50
conv
2
22%
21%
div
Mar 17
20 V*
85%
common
95% Jan
May
'
Co
13
13% May
85
8,400
55%
preferred
19 % Feb
14
20%
Thompson (J R)
.
May
Ry
common.
4%
preferred
Thompson-Starrett Co
15
9,000
203b
Avenue Transit Corp._No par
Thomas Steel Co (The)—
...1
6
32 % Jun
2174
Third
16,
31,% Nov
20%
*85
Trust—
59% May 26
19% Mar 16
Oct
52%
8
4'A Jan,
11%
217b
85
new—10
& Oil
95% Jun
6
5074
——
Pacifie
conv
Thermoid
9
1% Mar 11
25%
108%
94,
Jun
217b
21%
*84
par
19
10% Jan
217b
21%
par
Thatcher Glass Mfg Co common. __5
$2.40 conv preference.
No par
The Fair *—
——..No
10% May 15
47% Jan
9
10
11
.
Inc
$1.25
9
Feb
Aug
6%
Texas &
8
Feb
17%
13%
11%
25
share ctfs
Textron
May 22
59%
297b
117b
10
Gulf
Sub
65% May 24
20% May 24
Mar 11
30 74
12%
17
Texas Pacific Coal
15 Vb Nov
30
117b
'
25
48% May 13
Shares
31
12%
4%
71% July 12
10
the Week
S per share
11%
*16%
13
Feb
Sales
Nov. 12
per share
12%
—5
lo
26
Friday
Nov. 11
I
11%
.—5
Producing
Texas Gulf Sulphur.—
Oct
Thursday
$ per share
30
Co
Texas
8
21%
9% May
.
Texas
Jun
$ per share
30%
:
i
;
—.
$ per share
30%
1
Corp.——
Corp
Wednesday
Nov, JO
Nov, 0
307'o
Corp—
(James)—
Telautograph
I per share
No par
Gould
Talcott Inc
67
Dec
45-
Symington
AND, HIGH SALE PRICES
Tuesday
Nov. 8
——
preferred
Tennessee
May
-
$4
28
Dec
12
„
3
Aug 13
25
30%
Sylvania Elec Prod Inc com—No
Jun
(2025)
25
Ltd
Feb
29
Dec
Dec
41
International
Par
1
„
Texas Pacific Land
Jan
13%
Swift
>
Co
Nov
19
41
8
5% Jun
10
47
Nov
27
&
197a May 27
14
15 V* Nov
LOW
Monday
Nov. 6
7
Swift
11% May 21
11
52 V* Feb
Dec
587a
CHRONICLE
RECORD
Saturday
EXCHANGE
7% May 18
14% Mar 16
68% July
10%
367b Jap
22
Jan
9% Mar 16
Jan
20 7b
27
4% Mar 12
Feb
14
3% May
13 % May
STOCK
NEW YORK STOCK
t
Highest
Jun
5% May
YORK
.$ per share
30%
37%
FINANCIAL
STOCKS
Year VJil
Lowest
$ per share
&
25%
2574
7
67b
674
500
800
170
7
3,300
U
12
Dec
15% July
,.43% May
58'%, Feb
9% May
37%
91%
Oct
1*15
Dec
106%
85
Dec
20
Apr
2
59% Jun
15
16% Jun
15
27% Feb
11
12
43% Nov
103
Oct
28
110
Sep
91
Feb
9
98
Nov
4
90:
2IV2 Feb
11
'.Jun
27
J
80
Dec
38%
16% May
102
Dec
25%
Dec
Jan
24
110
Sep
96% July
5174 July
417b JUn
2
105 Vz Jan
28%
Apr
10% Oct
Apr
63
21
24%
Nov
19
11074
18
120%
Sep
Sep
Jan
22
.
Jun
Jun
26%
Jan
3%
35
Dec
50
33%
41
Nov
83
Dec
4%
■■■■
5%
65%
10%
95
May
v
July
7
.
Jan
5
28% Jun
3
United
'37% Jan
21
4674 Jun
11'
United
10
58% May 17
United
13
26
44%
Jan
59% July
20
Dec
24%
Jan
20 % Nov
9
12% May
19 V*
Feb
12% Nov
10
48
Feb
23
May 24
21% May 26
$3
■"
t per share
1
,
13%
23%
Oct
16% Feb
27
Jan
89
Feb
20
101
Oct
15% Feb
11
107%
Feb
92% Feb
11
2474 May 15
11374 Jun
9
166% Oct
18
Dec
196.% Mat
33 % Jan
Dec
71%
Dec
94
Dec
53 %
Feb
8% Nov
Feb
37
5% May
9%' Oct
68
Oct
26% Nov
-
5
-
5
26
327b May 15
Jun
Jun
$4.50
U
S
U
S
U
42 74 Jan
9
7
U
Nov
19% Nov 10
36
Jan
5
Jan
24%
Oct
2
10
Apr
11% Sep 27
77b Mar 30
2174 Jan
Dec
80%
80%
31
307b
87%
867b
87
29%
827a
46%
46%
47
46
467b
38 74
38
38%
37
387b
25%
247b
23
108
2474
*105%
108
*10574
117b
12
1174
*29
'3
32
"
274
27 b
4274"
,-a—5
Corp .common..—1
'66"
YORK
51% July
67
81
Dec
61% May
133
■
Jan
8
Jan
96%
Dec
7
58% Jun
72
1
877b Oct
23
1407b Jun
Feb
17% Feb
48%
Feb
37
8%
Oct
12%
Feb
109%
Jun
10%
Jan
52
Feb
22
Feb
Nov
10
5
4% Mar 16
87b Feb
88
11
Nov
4
3% Nov
6
23
16
.
Sep 22
Feb
13
19% Jan-
8
U
May 21
127b May 26
98% Jun
9
6% Jun
34
20
Jan
15
21
300
20%
20%
203b
207b
,20%
207b
20'/a
207b
20 %
20%
13 7 b
1374
13 74
137b
2,700
.13
133a
127b
13
1234
13
Saturday
,
;
;
'
' A".
■
—No par
—No par
Lines
S
23
2374
95
95
1874
*100
101%
*166 7 b
170
com—5
*8%
,*67%
10
*27
28
PRICES
Wednesday
Nov. 10
Rubber
18 74
9
Thursday
Friday
Nov. 11
.
for
Sales
Nov. 13
the Week
Tobacco
70
*167
277b
26 34
1?1
9%
ARMISTICE
DAY
2,600
70
26%
"
■
9%
*67 7b
'
2,700
27
2,800
'5
5
20
2i
19%
197b
19%
19%
1,400
1374
14
137b
133b
13 VB
13%
7,600
9
"457b
58
26'/b
26%
*84
68
*65
I
7b
1
42
67
74%
i 75%
100
Co com.
136%
136%
*
18 7b
11 8%
37
(37
No par
non-cum
preferred
25
Stockyards Corp..;.———1
United Wall
Paper Inc common—2
preferred....—
.-50
Universal-Cyclops Steel Corp.'—_1
conv
Universal Laboratories Inc.,—1
Universal Leaf Tobacco com.No par
8% preferred
—'—100
Universal Pictures Co Inc com——1
•"
'
57 b:'
'■A *77b
9
*44 7b
46
26%
2674
*84
130%
67
75V8
76
>
18%- •T8 %
*37
38
*5 "A
i
9 74
9%
*974
09
*86%
3%
*24
374
<28
1674 ] 1634
*4 7b
5
20%
*153
!2074
157
150
No par
21%
.22
*11%
;
9%
*8674.
"
*16%"
4%
<
*154
128%
37 b
17%
...
9
-■
4%
21
*150
■
-,
■
j
39
x5
374
!
87b
6,500
v
,1674
474
*20%
*151
87 b
8
50'A
74
500
4^900
67
100
73%
77,900
134%
1,800
17%
18
37'%
3774
2,700
130
5
5
1,100
9 74
9%
9%
2,000
;
*83
3%
33b
267b
163b
25
*16%
47b
89
-
"
,
334-
;
A;. 200
1774
300
.
4'/a
4%
i
1.900
217b
400
*154
83 b
51
.•
5,300
'
25
*20%
21
156%
X50
9,500
5
89
37b
7234
134
18
9 7b
17%
156%
300
3934
377b
■
*23%
47b
*65%
-
73 %
134
*88
89
21
*50
50/A
•
28
17 74
43b
;*■ 67
3774.
*
9%
*24
2074
74
*■: i77b
38
a" 1 *
-
129
3934
717b
574
*863(4
374
1
26
156%
87b
*493b
5
9 %
89
374
26
20 7
129%
*
1,100
42
1337b
5
■
•
87
41%
18 7b
18
5%
'
26%
*83%
%>5
7574
f
58
41%
135%
*37
5%
9
900
43%
3974
657b
727i
135
5%
127 7b
41%
65 74
♦ 136
9%
.
25 %
87
1
*65 3 4
136
43%
*55
253b
'*83%"
39 3 i
130
40",
*7%
42 7b
58
25 </.
"
427b
'"130
42
401'a
*55'
87
40
*5
734
'*7%
;
27
*84%
43
417b
9
59
25%
""
88"
5
5
44
*56
:
8%
'50
;_100
*7 3a
42%
58
58
5%
2.50
,
.
-
147b
No par
common..
4%%. .preferred
2774
CLOSED
9 %
9
*677b
'
110
1.100
100%
21
United Stores $4.20 non-c 2d
pfd—5
$6
conv
preferred——No par
4%
26 3 4
171
100
137b
*5'
I2C.%
77o
%3667b
9
70
EXCHANGE
2074
; 30%
United
170
8%
*07%
9 ;v
100
•'
57b
42
Corp
preferred
*166%
99
20.200
17
14%
*129
Steel
*1674
STOCK
Shares
22'A
95
207b
preferred——1O0
S
1 7 74
21%
*93
57b
^ommori-i——10
1st
non-cum
1774
Sper share
217a
18
I per share
93
100
''
<■' 42 7b
8%
207b
93
99
2734
7 427b
Co
23 Vh
9374
r*?%
70
27
42
S
U S
V
.
$ per share
21
170
.
/
93%
100
'677b
.
;
1874
100
I per share,
,
137b
8
May 20
16,800
20%
11
Mhy 22
15% May 21
2,500
1
......
6
70
t
r
20
—No par
common
preferred,
share
*166%
9
—.——100
class A
conv
Co
237b
95
18%
*
J--TOO
—aa:
preferred.
Feb
28
HIGH SALE
Nov. 0
I per
*93 %
—20
150
21
AND
Tuesday
Nov, 8
22%
;
c
Securities..—No par
Mar
7% Sep
Monday
Nov, 6
I per share
17
49% Oct
40
—1
Jun
Feb
,
1,700
_l37b
107 b Jun
Feb
6
62%
12,200
23% Jun
91%
5%
*61
39%
17
29%
5%
62
507b
Mar 16
Dec
57b
■
*6 O-.Vb
20
Feb
Dec
3,400
50%
4
13%
63,000
*39
19
56%
25b
41%
20%
Feb
170
57 b
62%
190
27b
4034
42
507b
Dec
192
5%
43
38;%
11%
Dec
27b
27b
40
200
-
19,100
19 7b
23%
163%
*42
"
"62%
'62%
43
4,600
27b
5074
Industrial Chemicals....No par
Leather Co common/.'..No par
S
17o
42% May 20
6 7b
274
42 74
42
33 %
32
234
3874
U S
24
,
43
'
6
Smelting Ref & Mln com——5o
77c
preferred.._—A—;—50
'
Apr 21
67% Mar 17
Dec
May
12
129% Mar 16
Dec
4% May
Dec
Nov
Dec
5%
20
U
Mar
X33%
16
U
94
May 7
497b May 15
137% Jan 13
23
Dec
5
377a May 21
6
80
Nov
38
14
11
65% Oct;
43
27b
•
.
LOW
preferred—
preferred
4% %
Feb
39
42%
3374
*29
2%
517b
STOCK
EXCHANGE %
Partic &
U
38% Feb
150
Dec
x'17%
Feb
30
234
2174
*7%
38% May
30
3
39
*56 7b
1257b Mar 19
32%
30
3
)■
50%
*4474
Feb
1.000
20%
.....—...—10
165
2,900
8%
39
Pipe & Foundry.——20
Playing Card Co-.——..A....10
S Plywood Corp common—-I
374% pfd series A——..
.100
Dec
20%
8%
51%
S
127%
xl97b
87b
2174
U S
87
207b
8 %
3174
407b
U
25% Feb
2074
8%
3374
7b
58
Feb
200
51%
974 May 20
53% July 13
Jan
60O
/
1
217b
13
60%
657b
40
16
103% July
65 7b
51%
39% Feb
Dec
68
*66
11,500
23,000
41
49
Dec
11%
2434
106
2174
Oct
40V4
10%
24%
106
51%
Feb
92
1174
24
'8%
274
62 7b
8,200
*21%
:"*29
46%
9
■„
2,700
No par
73
July
>
3574
30
43
6
6%
6%
*62
35%'
107%
*
...100
———
1.500
35%
X3574
15.900
10%
,
.
'
39
Jan
2%
47
237b
37b
4474
43
42 V*
8174
47
*10434
32
3 7b
297b
81
467b
32%
97b
*43
28 7b
82 7b
46
25 7b
34
*29
3%
44
*43
Dec
.May
46%
3374
29'A
7974
21
*874
170
106 74
117 b
21
97 b
82
107 b
217b
347b
3°
95
*80%
43,100
23%
21
*8%
104%
100%
12 74
217 b
34
8,800
38 %
103 %
*90
"
21
par
29
37%
80%
1,300
283b
867b
—.4—/No
23% May
35
3s
80%
6674
Hoffman, Machinery
U S
8% Jan
Jan
39%
S
9
97b
80%
30
1.500
1,500
28%
*
95
*98
80 7b
307 b
97b
49
127b
383a
104'A
95
81%
STOCKS,
1st
4 % 7o
Sep 27
16'/*
377b
*103%
104
66%
Freight Co..
—A.
Gypsum Co common..—
7 7c
4
25%
*90
68
Co—
U S & Foreign
9
; Jun
2
17% May 14
76
*103:
95
68
a
"■v. vV
179
106
May
171
■'
103
*90
2874
'
$ per share
20%
Dec
12% May
86
•
NEW
:
38
103
95
2774
k
Fruit
.
3974
39%
3974
307b
39%
6774
United Gas Improvement Co
United Merch & Mfrs Inc
Highest
$ per share
V
.
Electric; Coal Cos——a_—.5
Engineering & Foundry..—5
_
S per share
45%'May
91
Lowest
2774
9%
*48%
*3134
12
38%
&
'
Range since Jan. 1
Highest
30%
ll'7b
6774'
preference
■
Year 1947
Lowest
,
307b
12%
"
———.100
Co
United Dyewood
7%
preferred
Range for Previous
12
*
93b
4874
46%'.
„
$3.50 convertible preferred,.—xlOo
United Corp common——
_L_——1
13
Feb
4% Feb
13
97b
v
48
8674;
50
No* par
CartOn Corp—10
Co——_No par
United-Carr Fastener Corp
No par
Unite Cig-Whelan Stores com—30c
16% Feb
40
11
13
104
-
30
Carbon
5% July 15
97 b
4874
30%
*80%
Corp common—x_5
preferred
—100
Inc !common—10
preferred
9%
48%
30%'
397b
»t)0
—50
L.
9%
48 34
12%
*103
Lines
Board
61% Mar 17
Jan
19% Oct'
43 % Jan
,
36
55
Air
United
1
3% May 15
477# May'20
9
May 27
82% Apr 22
Feb
Dec
5
2% Feb
53 V* Mar
Dec
ll1/* May
33
5
10
Jan
Dec
1
Feb
Nov
*
convertible
7b%,
United
15% Jan ; 2
3674 Nov
42
Aircraft
5%
Co'com
preferred-
Car..
Biscuit
20
2% Nov
Jan
.<:•
CaUfornia.i———i.25
United
10
29
Feb
8"/*
K
Dec
2%
<
Tank
United
4
of
25
27% Feb
Dec
&
non-cum
United
3
8% Nov
28%
——No par
Carbon——No par
Pacific RR
4%
Unioh
19% Apr
2
90% Mar 22
23% Oct
Oil
Union
1
30% May 19
6
Dec
Dec
18%
Union
8
26
15'/*
Bag /te Paper
Carbide
974
487b
10
48%
127b
-.5
par
6
27
76
974
4874'
par
Un El Co of Mo pfd $4.50 ser._No par
Preferred $3.70 series—No par
Preferred $3.50 series.^.—JNo
387b July
10
Rubber-Co.
Union
10
22% Feb
A—i._—No
;
&
1
31% Jan
Feb'
Corp
Asbestos
Union
Jun ,7
457b Sep
May
•
Underwood
(Unioh
(The)—1
8
Jun'
79% Nov
30
Udylite Corp
397b May 26
Mar
104
f
Jan
37V8 Nov
Dec
105
12J
3
Mar 16
974 Mar 16
15%:'Jan
t
25% May
.
9% Nov
45
8%
*50
156
85b
5,200
51
90
20
4,100
V
13% May
14% Dec
22
Feb
18%
Feb
147b Feb
10
ll'Atlov 12
2134 Feb 16
2 7 74 Oct
16
15% May 17
267b May 21
15% May 21
297b Jan
6
12% May
20%
Jaii
26%
Dec
39
Feb
84
Nov
94%
Feb
86
Feb
21
94
85%
Nov
94
May 28
Jan
86
Feb
13
95
Jun
For footnotes
see
12% July 19
X20 % Nov 10
4
VanadSunvCorp of America
Van
Norman
Van
Raalte
Co..——
Co
-10
Inc
25
22
•*
22%
1
19%
1934
2134
20
;
19%
127b
*117 b
127b
12
12
11%'
113b
1174
11%
25 7b
*24:%
25%
24
24%
24%
25
247b
245b
1,600
12%'
12%
1234
1234
4.200
2034
1,200,-
900
*
Vertientes-Camaguey Sugar Co—67b
Vick
Chemical
Vicks
Shreve
57o
&
non-cum
Co
——2.50
Pacific Ry
preferred
com.
127b
*21%
1274
22
*12 7 b
13
*217b
22
■
125b
21
1234
21%
x20 'A
100
*84
90
*84
90
*84
90
*84
100
"84
90
*84
90
*84
90
*84
20%
20%
<
90
*86
90
90
*86
90
—_
nav»
'
-
A"
:
—
■
STOCKS
Range for Previous
1
9 per share
I
50%
69
Nov
24
29
96% Apr
16%
11
34 >4
Feb
7
Jan
6
Jan
7
18% May 15
Jun
2
23
Dec
Jan
29% Nov
5
Oct
38
Feb
26
Nov
10
Dec
33 %
Nov
27% Nov
3
32 % Jan
5
Va
Co com
pfd
Coke 4%
Iron Coal &
"83%
*100%
io
*112
Co common
25
6% preferred
25
Visking Corp (The)—.
5
Vulcan Detinning Co common—20
7%
Jan
2
Wabash
8
Waldorf System-
Apr
75 %
57% Aug 16
66
13 % Aug 30
18%
*32
31
*30%
*85
86 %
9%
*30%
99%
98%
10
9%
9%
6,000
99 %
EXCHANGE
99%
800
15%
CLOSED
15%
15,600
15%
30
112
112
50
13%
32
*17
18%
ARMISTICE
*16%
18%
32%
*17%
18%
33
87
114
•112
113
600
34
STOCK
98%
15%
15%
15%
113
Shares
share
34
9%
98%
the Week
*85
87
9
16
I per
share
34%
*85
9
9 per
share
34%
35%
10
114
32%
30%
28
28%
*27%
35%
101
15%
*113
-19
32%
30%
28
20
preferred
15% Jan
29
101
101
16%
113%
*17%
Ry
Virginian
9%
10
I per
9 per share
36%
85
85
85
,10
_10o
10
100
25
partic preferred
div
preferred
13
33% Oct
Apr 15
6%
$5
36%
36%
*35
for
Sales
Friday
Nov. 12
Nov. 11
Nov. 10
Nov. 9
9 per share
9 per share
<
100
preferred
32% Jan
Aug
30
3
39% Apr 26
Va%
Virginia Elec & Pwr
14
34% May
31%
30
3
Va-Carolina Chemical com—No par
124"% July 12
117% Jun
38% May 11
31
40
14% July 13
9
Nov
32
Feb
45
Dec
14% Jan
Oct
121
Dec
109
18
107%
Par
Victor Chemical Works common—5
23
Feb
93
Nov
112
May
14
;
48% Jun
7% MarlO
10% Nov
5Va May
12
Oct
85
Nov. 8
Thursday
Wednesday
Tuesday
Monday
Nov. 6
9 per share
NOV
34
Nov
104% May
Dec
85
9 per share
t per share
35% May
LOW AND HIGH SALE PRICES
s
Saturday
-
EXCHANGE
Highest
Lowest
Highest
STOCK
NEW YORK
Range since Jan. 1
Year 1947
RECORD
STOCK
YORK
NEW
Lowest
Monday, November 15, 1948
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2026)
26
32
32%
DAY
*30%
32
1,000
30%
1,100
2,300
30
30%
27
30%
26
30
26%
30%
26% '
30
30 %
27%
27%
26
26%
*27%
28%
*27
28%
*26
28%
*26
28%
31
*36%
31
*30%
31
*30%
31
59
*58
60
*58
W
"
57
.
13%
17%
Apr
29%
-
xl8% Mar 17
13 %
Feb
19%
Feb
10% Mar 12
106% Mar
X83 % Mar 12
Dec
'
88%
Dec
18%
Dec
12
11
100% Apr 29
Jan
7% May
10%
Feb
x30
Feb
July
24%
109
xl7% May
<
Jan
36%
Apr
Dec
100
Feb
8% Feb
11
9% Nov
Feb
3
: May
19%
^
10
5
16
1
Jan
20% Jan
23%
Feb
17% Feb
27
Dec
17% May
Mar 16
Sep
26%
Feb
17
'
Dec
41
Feb
14% Nov
5%
Dec
12%
Jan
90
Feb
20
30
!
10
22
36% Nov
i
Nov
xl9% Nov
21
4% Nov
26
!
«
83% May
34%
21% May
19% Mar
13 % Feb
Dec
105
112% Nov
103%
Dec
112%
Dec
3
13
xll3% Apr 15
103% Mar 29
Jan
106 %
10
104% Mar 16
117%. Mar
121%
10
Sep 27
Nov
X80
Jan
10
116% Aug
Jan
35% Jun
105
preferred——100
No par
Walgreen Co common
No par
4
"
100
.•
4%
Aug 26
4%%
RR
preferred
13% May 24
Walworth
16% July 13
Ward Baking Co common—
1
2
Jun
101
14
May 22
32
Jan
Foundry & Pipe
Dec
Washington Gas Light Co___No par
Waukesha Motor Co
—5
3
20% May 28
7
Wayne
2
6% May 24
34% Aug
5
86% Jan
26% May 21
19% July
1
Jun
114
$4
preferred—
Indies Sugar Corp
West
6%
105% Nov
3
113
Jun
9
25
107
Jun
18
No par
Auto
9% May
32%
Dec
22% Mar 12
38% July 12
42%
Feb
25% Nov
36% May 21
26%
Dec
10
May 20
16% July
72% Jan
65
Dec
Oct
6
17
May
26%
Sep
16% Nov
10
26
27% May
38 %
Oct
x32 % Nov
10
39% Jun
90
62
Mar
9
14
Dec
23% Nov
10
33% Jun
9
Aug
106% July
85% Feb
11
95% Apr
23
91% Feb
22 % May
31
105
88
Dec
94%
Dec
11
101% Jun
11
30
Nov
55
Jan
28 % Nov
12
40% Jun
9
62% Mar
76
Dec
80
Jan
5
31
53%
Oct
37
Mar 16
May
Dec
90
57% Oct 22
101% Mar
83
Mar 18
92
Jan
5
Feb
23
Feb
27% Jan
7
26% May
34
29%
9 % May
Feb
17%
Feb
90
19% May
Feb
July
29% May
34
84
July 21
115
15% Nov
9
9% Feb 27
x53
12%
6% May
51% Sep
13%
Oct
17
31% Nov
11
19% Jun 21
Oct
Dec
Oct
Nov
14% May
53% May
23%
15
31%
83
May
5%
*Bid
•
25
and
asked
Special sales,
14%
15%
110
109 Va
109%
116
116
115
110
109
109
110
.
$4
Prior
5%
6%
5%
6%
25%
26%
24%
25%
*89
91
89
89
89
89
*97
97%
97%
97%
*29%
31
30
30
1
28%
*66%
68
36%
40%
X37
39
13
Jan
xl38
6%
Co
El
Pwr Co
Iron
Woolworth
(F
25% May 15
81% Feb
Co
70
66%
66%
65 %
65%
DAY
69
24%
90%
97'%
28%
28%
*106
25%
*24%
16%
15%
17%
*24%
25%
15%
16
54%
17%
16%
53%
*53%
31%
31%
10%
9%
10%
8Va
9%
31
10%
7.%
8%
8%
9
11"% Jun 21
9
34% Jan
Yale
27
Nov
9
11
*
ft
Towne
on
x
35
July 12
6% May 19
a
Mfg Co
16
14%
65%
72%
72
*84
87%
*84
87%
84%
86 Y
66
65
65
this day.
,
26
11%
x9
10
;
v
,
65
80
*75
f
.66 '7
,x9.
,11%
77%
15
26%
27
79
73%
-15 Va
15'A
14
•'
27
23%
•
•
i
.
(
i
-
.24%
12%
39 %
79%
.
67
¥-
25%
20%
1,100
.
72
12 VB
19%
7,800
*63%
*69%
39
15
•
15%
14 Va
15%
24%
78
20%
10,000
70
25%
12%
12%
39%
34 Va
43%
64%
39%
20%
25%
,
39%
34
.
14%
,
.
20%
'
26
,12%
39%,
20%
12%
.
11 Va
'
j*
if
80
50
66
1.000
9
-
77%
73%
15
14%
19 %
24%
23%
3,50C
3.600
12
1.400
•
19%
24%
800
25,300
.74%-. 75%
14% -14%
76
14%
26%
7,400
39
*38
-
19%
t
.
11% '
12%
39.
*18%-
,
9%
24%
25
39
9o
79
*65
r
\ f
2,200
f.v
Corp
Corp__j.
HEX
lli%
,11%
25
.1
No par
Products
tin receivership.
66'{
66
'
600
43
')
'
■
70
65%
70%
300
9,900
127
64%
15%
66
74
15%
9,600
16
*122
127
34
*64
500
,
15%
15%
43%
common——.
Zenith >Radlo,
*15Va
16%
43%
4%%
Zonite
15%
15%
34
Youngstown Steel Door——No pai
89% Oct
15
*122
*72
.
81
44%
28
23
*79
34
16
15,700
>
11%
79
127
X19% May 27
Oct
'
11%
34
'65%
.
56
*54'A
11%
43%.
*72
7%
7%
56 Va
*123
127
4,600
8
7%
35
*123
200
10%
*54
'
80
31%
xll%
,
44%
preferred
—50
Young (L A) Spring & Wire_N0 Par
Youngstown• Sheet & Tube—No pai
24
"
•
*30'A
*10%
'
10%
10,800
'
55
55
'
400
5.700
19%
18%
54%
*30 %
*30%
30
■
16
15%
18%
53%
17%
*53%
•
11,500
05 %
25
15%
16%
10%
f •
i
*65%
400
900
47%
*85%
25
25%
46%
85%
*34%
.
50
•
110
47%
46
*85%
x44 Va
No par
41,200
.
28%,
*106
110
*105
110
45
1—100
Yorl? Corp
28%
36
.No pai
2
98
97%
29%
127
July 15
16% May 24
< May 25
*97
10.100
90%
*35
96% July 28
48.
*89
98%
86
16
31
10%
15%
15,000
33'A
24%
*123
series
Wrigley (Wm) Jr (Del)-__^
Wyandotte Worsted Co—
Mar
32%
24
28%
50%
*30%
31
44%
500
17'A
17
17%
34
*96%
86
17%
53%
*64%
4% %
300
ARMISTICE
46%
16%
53%
106
pfd
67'A
26%
86 %
16%
No par
Prior
2,500
*65%
25%.
50%
16%
Worthington Pump ft
Machinery common
4
26%
23
49%
*24%
10
May 17
26 Va
27
110
*106
25
Co
W)
7,900
26
29%
100
Woodward
14
2,100
10%
26
.—10
preferred
37% Oct 22
49% Jun
com_.
37%
10%
10%
26%
16%
Wisconsin
1
37'A
CLOSED
9%
26%
23%
2,500
EXCHANGE
37
10%
26
*89
50
6
5%
10
15%
Wilson-Jones
Motors
1,200
STOCK
26
15%
Willys-Overland
3,100
103%
18
'
86
5
—
18 Va
41%
103 %
11%
86
25
•
102%
*40%
29
11
*25
*85%
20
-
Co
38%
39
*106
110
49%
50 %
No par
40
240
106
106
*101
5%.
16%
com
70
160
108% 108%
41%
x32 %
Machine
109
116
*
105
103 Va
17%
preference
Oil
6
6%
*
36%
1
'
'
105
16%
»
*108
•
17%
40%
16,000
*115
>,
116
17
18
42%
42
*103%
35
preference
Wilcox
17
18%
42%
105
17%
Co
Sewing
conv
42%
*103%
37%
Instrument——12.50
Motor
'*18%
18%
42
105
7,200
15'A
15
'
350
81
'22%
21%
106
17%
—12%
100
—100
'
■
-t
102%
36%
-
,'
A
17%
36%
26"%
No par
\
108%
17%
36%
26
100
A
27 Va
*80%
'
109 :
115%
*106
28%
No par
com
:
26%
80
109
115%
110
*108%
*115% 115%
*110
111
4
15%
*15%
.Nov 10
.Jan
5
sales
16%
16
16%
94
no
16%
15
*18
22
15%
3% Nov 12
prices;
21%
16%
9
wd When distributed,
21%
*15%
•19% Feb
Jan
21%
'
16%
65% Feb 27
July
10%
Jun
22%
22
26 Va
X80
.
28 %
*66%
RR
'•
14% May
82
15%
Mar 19
-
28 %
81%
4%
16
10
J4
Feb
26%
82
4%
*15
15% Feb 21
Oct
•
6.200
4%
28%
81%
10
38% Mar 13
Oct
27%
4%
28%
,82%
22%
11%
29%
10% Feb
Feb
4%
3,200
11
*25
24% Nov
Jan
50% Mar
3,000
4%
10
10
60% Mar 19
16%
15%
4%
29
64 % Nov
45
Dec
400
14%
79
5
37%
18%
14%
4 Va
79
12
10% May
18 %
14%
*18
*76%
Feb
33 y2 Aug
"
15%
78 Va
Nov
8
18
15
78%
28
Feb
May
15%
*108
18
15
79
43
18%
8
7
18
*77%
14% Nov
62
27
*82%
21%
700
1,000
■
18
4%
27%
4%
.
.•
.
15
18
15
18
15
,
No par
Dec
58
17%
21
Feb
70
17%
88% Jan
35
Feb
17%
12
53
Feb
17%
56
Dec
70 % Mar
17%
11%
8
80
17%
39
Co
Wheeling & Lake Erie Ry—
_100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg (The S8)
20
10
100
18%
55
Jun
Dec
18%
12%
Jan
Dec
19
57%
18
53
*18%
12
19
83
23%
*56
Mar 30
Apr
18,600
23%
8%
Feb
94%
21 %
23 Va
12
15
Dec
21
23 Va'
22
xl9%
56%
15
76
1,300
20%
23%
7%
Nov
126
22%
20%
23%
11%
Nov
145% May
23
19%
23%
56%
99
Dec
22%
22
1
19
Oct
24%
No par
20
May
23%
23%
-No par
May 27
12
Dec
31%
22%
'
20%
-
17% May 17
Jun
43
22%
*92
22%
65% May 15
16
135
28,900
—^10
series
Elec
Weston
1
88'/a
15 y»
9%
9
Mar
75
Jail
9%
10
6% Mar 17
51.
xll% Nov
9%
23%
21
Western Union Teleg class A,No par
July 30
26
9%
Ry com—_100
2nd pfd
100
Westinghouse Air Brake
Westinghouse Electric com
3%% Pfd series A
3.80% pfd series B
White
8
9%
6
Pacific
Preferred
22"% July
126
9%
1
Supply
non-cum
White
Feb
9
Feb
64%
10% May
2
Aug
4%
Western
24% May 20
27% Feb
Feb
.
5 % May
20
90
9%
*23%
,
Maryland
Western
15
May 19
93 %
9%
106
Western
7% Mar 17
93%
*101
46 %
34% Feb
Dec
14%
*92%
106%
14
Jan
4,600
14 %
14%
14% '
15 %
92%
102%
Inc
8,100
14%
106
Lines
7,100
9%
92%
•101
Air
24 %
9%
15%
103
Western
103 %
23%
9Ve
9
9%
9%
9%-
110
"101%
...
93%
106
10% May 18
Jan
9%
23
15%
•101
10
1,000
93'
*105%
25
1,000
30 %
-
103
22% Oct 20
13%
30
103 Va
22%
106
pfd
300
13%
30 Va
"101
*101
.
18
42
*103%
51% Jun
9%
24%
*105%
14
75%
10%
4
102%
23%
24%
100
4%%
Power
20
11
100
-100
4.20%
100% Feb
110% Jun
102%
23 %
preferred series B
100
West Virginia Coal & Coke
5
West Va Pulp & Paper com__No par
4% %
preferred
100
West Penn
38% Feb
15
No par
A
preferred
preferred
7%
20
Co
Elec
Penn
Class
4
No par
—_ 1
conv
West
119% Jun 22
111% Oct
Inc
5
Snowdrift com,—2.50
Wesson Oil &
2
May
5% May
--5
1
Wayne Pump Co
Webster Tobacco
22
5% Nov
38% May
1
Mills
Knitting
Sep
30% Jan
•30%
31%
103
59%
13% ?
13%
x30 %
*31
24%
Warren
Warren
Jan
113
*24%
,
No par
3
2
Corp
13%
31 %
9%
34% May 14
Petroleum
13%
10%
9%
58%
13%
*101%
15%
92%
27% Ailg
10% Apr
105
9%
'14%
92%
59%
13%
22%
1
—.:100
Pictures,————5
Bros
Warner
22%
No par
Co
preferred
5%%
Oct
47
No par
Walker (Hiram)
100% Oct
32% May
G & W
27% May 21
59%
59%
*13%
13%
31%
31%
102
102
*59
$40
1
liquidating
dividend
J
-
26%
4
4
4
paid
May 10.
a
4
4%
Deferred
delivery.
4%
cName
24%
25
9,600
3%
4,4
4
5,100
changed from National Bond & Share ; Corp;. rCash sale.
Ex-dividend.
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
Number
Week Ended Nov. 12,1948
United States
Total
Stocks
Foreign
Bank
Government
Bond
Bonds
of and Miscel.
Shares
(Saturday
Int'l
Bonds
Bonds
Sales
{Number
of
Railroad
Bonds
873,210
2,868,000
255,000
2.2C1.490
Tuesday
$77,000
1 125,300
Monday
$1,524,000
4,857,000
249,000
2,101,110
4,395,090
310,500
$1,601,000
$25,000
2,000
—
3,148.000
$4,000
5,112,000
10,000
Week Ended Nov. 12,1948
Bonds {Par Value)
Shares)
204,105
Saturday
Monday
.248,830
4,715,500
■
Government
$107,000
135,000
i.
Priday
Total
«
Holiday
r
1,105.870
3,297,000
7,463,980
$16,941,000
376,000
1,000
5,000
3,679,000
$1,267,500
-
$28,000
$19,000
$18,255,500
Week Ended Nov. 12
1948
Stocks—No. of shares
1947
198,000
125,000
215,000
1,638,590
$780,000
Total
261,923,212
$19,000
$23,000
$1,205,000
$3,110,000
28,000
949,000
20,733.000
1,267,000
1,278,000
3,864,000
72,440,040
16,941,000
18,597,000
821,669,800
797,842,300
$18,255,500
$20,852,000
$899,178,840
.
216,858,942
International Bank.
Poreign.
Railroad ft Industrial.
TtML.
Holiday
1
5,000
214,000
152,000
$17,000
$946,000
228,000
1948
Stocks—No. of shares.
—
236,000
21,000
$149,000
Week Ended Nov. 12
1947
3,444,511
Bonds
V. 8. Government.
—
194 7
Total
$116,000
7,000
20,000
244,685
$5,000
30,000
449,420
Jan. 1 to Nov. 12
1948
7,463,980
-
74,000
491,550
Wednesday
Thursday
•
•
Corporate
$4,000
Friday
Wednesday
Thursday—
Foreign
Foreign
Domestic
Jan. 1 to Nov. 12
1948
1947
1,638,590
1,082,555
65,704,621
63,064,254
$783,000
$937,000
$43,992,000
$71,757,000
149,000
376,000
7,677,000
6,907,000
17,000
7,000
1,564,000
480,000
$53,233,000
$79,144,000
Bonds
66,958,520
-
$888,643,820
Domestic
Foreign government.
Foreign corporate—
Total.
$946,90G
$1,320,000"
Number 4751
168
Volume
THE
COMMERCIAL
Bond Record
the
J
#b°?ds; ?*8^*nd
mIm! headed Interest Period Indicate in eachincase week in
the
column hpfootnote
«In
letters in
italic
thw
the
the
Flgores after deatanal
,
Bange for Previous
Tear 1947
Lowest
Highest
Sep
106.6
168.4
Dec
108.21
Feb
105.1
Sep
20
105.28 Mar lo
111.33
Sep
112.6
Feb
107.4
Sep
17
108.28 May
Feb
108.16
114.8
104.13
Dec
Feb
102.22 Feb
Feb
2
102.22 Feb
30
102.23 Sep
164.24 July
101.7
Sep
20
101.11 Jan
104.23
101.19 Jun
14
101.19 Jun
101.36
Deo
101.24
Dec
100.24 Mar 13
Apr
104.4
100.23 Jan
Jan
100.25 Jan
100.26 Apr
28
104.10 May
104.15 Apr
100.23 Sep
17
100.24 Sep
100.16 Sep
10
101.12 Jun
Apr
100.7
10».IT
Jun
105.17
Jun
100.7
Dec
103.19
102.26 May 25
100.7 Oct
4
Apr
105.18
103.24 May
102.24 May
100
Dec
Sep
Oct
13
101.14 Sep
100
100
100.27 May
;
102.13 July 13
4
100.4
May
2
Mar
21
102.26 May 24
100.23 Jun 10
10
Mar-
100.21 Oct
Apr
102.12
101.13
Deo
102.6
103.4
102.23
100.2
Feb
11
26
100.21 Oct
102.12
*102.9
102.12
*102.9
102.12
*102.9
IS 1.1 J
*104.26
104.29
*104.27
104.30
*104.28
104.31
*107.14
127.1J
*107.16
107.20
*107.24
107.28
1951-1954
*107.26
107.30
*103.25
103.28
*103.25
103.28
*103.26
103.29
*103.27
103.30
1956-1959
♦103.28
103.31
*107.24
107.28
*107.24
107.28
*107.25
107.29
*107.28
108
*108.2
108.6
1958-1963
*108
108.4
*108
108.4
*108.1
108.5
*108.6
108.10
STOCK
1960-1965
*108.12
108.16
*108.16
108.20
2%s
109.2
2%s_
2%s~__
2%s
108.20
*108.19
108.23
*108.24
108.28
EXCHANGE
*108.30
*101.19
101.22
*101.19
101.22
*101.19
101.22
*101.19
101.22
CLOSED
*101.19
*102.17
102.20
*102.17
102.20
*102.17
102.20
*102.17
102.20
-1952-1954
*102.20
102.22
*102.19
102.21
*102.18
102.20
*102.20
102.22
2 Vis
1956-1958
*103
103.2
*103
103.2
*103.1
103.3
*103.7
2Vis
J03.9
1962-1967
*101.8
101.10
*101.8
101.10
2 Vis
.
*108.16
1949-1953
1950-1952
2%s
1963-1968
*101:
101.2
*101
101.2
2 Vis
101.13
10
Mar~22
.
Apr
101.30
Deo
102.25
Apr
101.14 Apr
16
103.1
Apr
Dee
103.3
Jan
100.31 Sep
27
101.38 July
103.4
July,
100.30 Sep
27
101.18 July 13
101.19 July 13
108.26
101.8
Apr
Oct"
100.7
100.16
4
81
Dee
102
Dee
103.4
July
July
asked
price.
and
15
94.14 Jan
15
No
sales transacted
this
100.26
*100.24
-
,
Exchange
100.26
*100.24
100.18
100.26
*100.24
100.26
*100.24
100.26
*100.16
100.18
*100.17
100.19
100.10
*100.8
100.10
*100.9
100.11
101.20
100.10
*100.8
100.10
•
—Sep 1967- 1972
*101.7
1019
*101.7
101.9
*101.7
101.9
*101.14
101.16
2%s_.
*101,18
-Dec 1967- 1972
♦100.8
100.10
*100.8
100.10
*100.8
100.10
*100.8
100.10
100.9
100.9
—1951- 1953
*102.26
102.30
*102.26
102.30
*102.28
102.31
*102.29
103
*102.31
103.2
2y4s_.
1952- 1955
*101.24
101.26
*101.23
101.25
*101.23
101.25
*101.24
101.26
2%s_.
*101.27
101.29
—1954- 1956
*103.22
103.26
*103.24
103.28
*103.24
103.28
*103.28
104
*101.4
104.8
1956- 1959
*101.17
101.19
*101.19
101.21
*101.19
101.21
*101.26
101.28
*101.31
102.1
*100
100.2
*100
*100
100.2
2%s_.
100.10
2Vis
-Jun 1959- •1962
100.2
*100
100.2
2 Vis
—Dec 1959- •1962
*100
100.2
*100
100.2
*100
100.2
*100
100.2
*100
—Dec 1948- 1950
*100.2
100.4
*100.2
100.4
*100.2
100.4
*100.2
100.4
*100:2
—Jun 1949- ■1951
*100.16
100.18
*100.16
100.18
*100.16
*100.16
100.18
'
100.2
100.2
;
5,000
10,000
100.4
100.18
*100.1G
100.18"
—Sep 1949- 1951
*100.20
100.22
*100.20 100.22
*100.20
100.22
*100.20
100.22
*100.20
100.22
*100.23
100:25
*100.22
100.24
*100.22
100.24
*100.23
100.25
*100.23
100.25
..Mar 1950- ■1952
*100.26
100.28
*100.26
100.28
*100.26
100.28
*100.27
100.29
*100.28
100.30
—Sep 1950-1952
♦100.30
*100.30
101
*100.30
101
*100.31
101.1
*101
2s__
—1951-1953
*101.2
101.4
*101.2
101.4
*101.2
101.4
*101.2
101.4
*101.2
101.4
2s
—1951-1955
*100.30
101
*100.30
101
*100.30
101
*100.30
101
*100.31
101.1
2s
—Jun 1952-1954
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101.1
101.3
Dec 1952-1954
*10l
101.2
*101
101.2
*100.31
101.1
*101
101.2
*101.2
101.4
*102-20
102.24
102.26
*102.22
102.26
*102.26
102.30
*103.2
103.6
100.7
*100.5
100.7
*100.6
100.8
*100.6
100.8
1953-1955
1950
Bank
for
,*
-*102.22
*100.5
100.7
>
Bonds
Bid & Asked
Sold
*96.20
97.24
96.24
96.24
*96.24
96.28
96.24
97
15
at
100,
a
Odd lot transaction,
FOR WEEK
ENDED
r
NOVEMBER
*97.2
*97
97.20
97.6
Registered bond
97.8
*97
97.12
97.14
*97.8
97.6
97.9
97.9
Range Since
January 1
Low
12
BONDS
New York Stock
Week's Range 1
Interest
Last
Period
Sate Price
Exchange
or
Low
3%s Series No. 14—
Bonds
High
January 1
Low
51%
56%
56%
J-D
Range Since
Sold
No.
Friday's
Bid & Asked
High
Transit Unification Issue—
5,000
23,000
transaction.
Friday
No.
101.2
v
>1957
.1972
—
redemption Dec.
High
♦100.5
101
-
Week's Range
or Friday's
CHy
4,000
100.2
__Dec 1949- -1951
2s
Low
New York
*100.24
101.14
2y,s__
tCalled for
Interest v
Last'.
Period
Sale Price
>
100.26
,
*100.8
.
10-year 2 Vis
Friday
BONDS
100.27
*100.24 100.26
*100.16' 100.18
100.26
*100.16
RANGE
New York Stock
*100.25
*100.24
25-year 3s__
day
100.26
100.26
Treasury 2s
Treasury 2s
Treasury iy2s
98.30 May 17
99.30 May 17
*100.24
*100.24
Reconstruction & Development
94.10 Jan
101.4
100.26
100.26
100.18
103.14
*101.2
*100.24
*100.24
*103.12
*101.12
*100.24
*100.16
DAY
101.12
101.3
100.26
1965- 1970
102.24
*101.10
*100.24
1966- 1971
*102.22
*101.1
100.26
...
102.20
ARMISTICE
-Jun 1967- 1972
International
II
101.2
101.22
*102.17
2%s_.
Treasury
Treasury
Aprli
101.10
*100.24
2Vis__
2y2s—
Treasury
Treasury
10L26 May 18
Apr
*101.8
*101
...
-Dec 1964- 1969
2Vis_.
2Vis
,
-Jun 1964-1969
Treasury
2s
Treasury 2s__
Treasury
2s
Treasury 2s
.
Bends(•)
102.12
*104.25
r
26
101.33
•Bid
High
*102.9
Treasury
Treasury
:
100.31 Sep
103.30
Oet
the Week
Nov. 12
Low
High
107.20
3
Apr
May
July
Sales for
Friday
Nov. 11
Lew
104.29
jTreasury 2s
103.13
Thursday-
High
102.12
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
1
103.20
Dee
Low
High
•107.16
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
10
Dec
Deo
Sep
Low
•104.25
Treasury
Treasury
2
101
101.7
Birh
•102.9
7
101.24
103.6
'
1949-1952
14
Feb
104.18
Low
PRICES
Nov. 10
1955-1960
7
104.14
Dee
Hirh
HIGH
Wedneeday
Nov. 9
1951-1955
30
104.24 July
Sep
G*
Tuesday
Nov. 8
2%s
2%s
2%s
2
102.23 Sep
101.37
LOW AND
Monday
Nov. 0
ol
point.
a
3s
May
104.12
82d of
Treasury
Treasury
Treasury
Treasury
17
Dee
114.8
mere
3YaS
Treasury
May
er
range, valets they are the only transactions
sales In computing the range for the year.
mature.
Treasury
106.13 July
101.16
erne
bonds
Saturday
EXCHANGE
104JIB
when the
paint represent
HOTKKNMENT BONDS
NEW YORK STOCK
Range since Jan. 1
Highest
106.13 July
YEARLY
-
delivery sales are disregarded in the week's
which they occur. No account is taken of such
month
.
Lowest
27
YorkStock Exchange
WEEKLY
-
CHRONICLE
are
»hpn
Thd
FINANCIAL
New
«»
FRIDAY
NOTICE—Prices
w.ir
&
High
J-D
10333
10134 10312
88
60%
J-D
•56%
65
52
60
J-D
*56%
62
51%
60
17
J-D
*58%
59
53 Vi
58
18—..
J-D
*56'/a
3 Vis Series No.
.1980
15—
3Vis Series No.
Corporate Stock
16——
3 Vis Series No.
3%
19
J-D
56%
56%
Series No. 20
J-D
56 Vi
56%
J-D
*56%
3 Vis Series No.
100%
107
Series No.
3 Vis
3 Vis
3 Vis Series No. 21
Series No.
3 Vis
—
22
Foreign Securities
3 Vis Series No. 24
Series No.
3 Vis
J-D
...
25
3 Vis Series No.
26__
f3Vis Series
Wertheim & Co.
Telephone
Members
REctor 2-2300
120
New
York Stock
J-D
WuJjJulL'l
No.
if
Teletype
;
Exchange
Broadway, New York
NY
•T
Brisbane
(City)
•:
■
Agricultural Mtge Bank (Colombia)—
SAChile
^1947
F-A
*61
1948
60%
*01
60
65
MS
sink
fund
6s____
»
74%
33 %
74%
1
65%
33 %
3
31%
6
31%
40
31
40
.
_1945
series C
1945
J-J,
f A External
33%
32
s
f 7s series D___
33%
11
1945
J-J \
33 %
32%
33%
9
31%
A-O
33
33%
33%
'39
7.
31%
40%
s
AExternal
sec
7s 1st series.
f
A
f
s
7s
2d
_1957
series—1957
.
f 7s 3rd series—1957
s
•;
Antwerp (City) external 5s
1958
(Commonw'lth) 5s of '25.1955
——..1956
ro-year 3V4s
External
JABrazil
s
s
f
f
(U S
,
89
89
100%
31%
91
14
91
73
94
97
21
87%
91%
89%
90%
16
87%
86 Vi
86%
86%
26
85
86%
86%
86%
34
85%
83%
_____1949
6V2s___
M-S
6s—
__1955
7s—
;
86
86
100%
•
J-J
26
100% 101
105
1955
J-D
external" 8s____1941
of)
87%
J-D
«
5
•61
A-O
49
105
f 6%s of
110% 111
..
17
»
A-O
J-D
*60
44%
45%
A-O
•60
.'•
5%
A-O
62
49%
72
50
62%
37%
30
65
50%
334s Series No.
L
3Vis Series No. 3
"
/
.
49%
61
*61
J-D
*45
47%
38
49":
•42%
48
37%
49%
J-D
3%s Series No. 6__
9
58 %
10
49
;
—
12
—
3V4s Series No. 13
;
page
28
18%
28
27%
27%
1
26%
26%
4
—
—
Sep 1961
—-—-—Sep 1961
a-o
sinking fund 6s
assented
26%
M-S
27
26%
"4
27%
28
18%
27 Va
20%
M-N
277/a
28
26%
"3
27%
27%
3
21%
28
26%
.•
assented
AGuaranteed
.
26%
26%
5
18%
27%
20
28
18
27 %
*27%
26%
26%
J-D
1961
J-D
-19%
J-D
26%
1961
A-O
26 Vs
26%
sink fund 6s—1962
M-N
—-—1962
27%
M-N
assented
26 %
"4
7
26%
2
18
27%
27%
2
19
27%
18
27%
20%
27%
*26'/a
27
18%
27%
19%
*27%
A-O
1961
—
A7s
—1960
32
-
M-S
Munic
7s__
AChinese
J-D
/
,
'
26
26V'8
%;
5%
V
18
27%
2
17%
27
5%
26Vk
>■
5 Va
For Financial Institutions
61-
FOREIGN
57%
57%
57
58
7
51
SECURITIES
FIRM TRADING MARKETS
57
1
48
60 %
HARL MARKS & P-O INC.
61
57
*57%
65
46%
61
52
63
56
52
64%
*57%
65
53
65
*57%
...
54
65
J-D
J-D
*56%
__
60
49%
60
J-D
57
57
48
'
59
J-D
56%
56%
56%
59
31.
'"wati
mSBSSSSSSSBam
FOREIGN SECUBITIES SPECIALISTS
62%
65
*57%
*57%
50 Broad
St., New York 4, N. Y.
Telephone HAnover 2-0050
'
28
12
*27%
M-S
a—._r_1960
(Hukuang Ry) 3s:_^.w.L1951
Cons
assented
27%
26%
*27%
—1961
—
AGuaranteed sink fund 6s
A 6s
v
J-D
—
6%s
fund
V
,
28
18%
26%
26%
M-N
.—-————.1963
assented
28
18%
22%
*27Vs
;
A-O
assented —....———■—1962
27
*27%
M-S
AExternal sinking fund 6s—_^_1962
26%
26%
1
19 %
20%
*27%
61%
48%
57
J-D
;
3Vis Series No. 11
23
J-D
10—
see
59%
57%
J-D
f__
3Vis Series No. 9
For footnotes
59
57%
'
57
J-D
:
3Vis Series No. 7__
3 Vis Series No.
59
J-D
*
19%
10
"
%
J-D
...
33is Series No. 8
3%s Series No.
J-D
J-D
3Vis Series No. 5
•
11
A-O
1978
„_
4
26%
62%
37%
54
43%
(Plan B)—
1
3%s Series No. 4
;
43%
funding bonds of 1931 due__1951
3%s Series No. 2
27%
26%
49%
45%
J-D
Stamped pursuant to Plan A
(Int reduced to 3.375% ).___1979
External $ bonds of 1944
-27%
26%
*
(Int reduced to 3.375% )__
1979
(Central Ry)
.—.1952
Stamped pursuant to Plan A
(Int reduced to 3.5%).
27%
A-O
J-J
A 6s
50%
*
27%
A-O
—
104%
37%
50
28
18%
fund 6s...—1960
Mortgage Bank 6%6—.—1957
A6%s assented
1957
109
46
ft'
4.
105%
37%
—1960
A6%s assented
114%'
105
103 %
30
Jan 1961
ASinking
107%
102 %
30
*26%
Jan 1961
AChilean
1978
Stamped pursuant to Plan A
'
99%
102
99
M-N
—.—1942
AChile
90 %
105
101 Vs
94
3
T
Q9
F-A
93%
94%
16
19
assented
A 6s
92
<
10
27%
AExternal sinking fund 6s—_—1963
94
J-D
99 V4
103%
26%
A 6s
99%
103
J-D
1926_Lt_:__1957
A7s
40%
59
37
27%
A 6s
60
52%
■27%
F-A
A6s
58
48
60
M-N
fund 6s_.—__Febl961
assented
60
54
*41
T
F-A
AExtl
,
.
100% 101%
J-D
Stamped pursuant to Plan A
(Int reduced to 3.375%)
.1979
AExternal s f 6%s of 1927——1957
s
37
,"32
40 %
—1967
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal
*32
F-A
1962
external
External
-
______1966
A
15-yea r 3% s
Belgium
V2
A-O
J-J
.
1957
—
20-year 3%s
20-year 3'/2s
J-J
J-J
AGs
-
A-O
J-D
Australia
10-year 3 (4s
1954
1942
Feb 1961
AExtl sinking
t
38 %.
31%
A External
AExternal sec
•
J-J
60
55
'
103% 103;%
105% 105%
105%
ARy external s f 6s_
.
series B
f
7s
J-J
assented
A6s
40%
32%
f 7s
s
48
59
58%
t
'
92%
32
32
J-J
s
§ L External
60%
101% 101 %
ji—...—..1961
AExternal sinking
§ A External
97
'
103%
assented
§ A7s
64
A-O
(King of Norway) 4s____I968
§AAntioquia (Dept) coll 7s A
1945
AGtd
Akershus
97
•
A-O
(City) 8S—-—
(Rep) External s f 7s
61
98
97%
97%
J-D
3%s
60%
54%
4.!
K
F-A
gold
A Carlsbad
§£Gtd sink fund 6s__.
*56%
vU'(
5s-.i—1958
25-year
Foreign Govt. & Municipal
*56'/a
MS
f 5s____—a—1957
s
fund
Sinking
1-1693
51'/a
47%
1
50
58%
;
•
,
60
1
,
*56%
3%'s Series No; 30—-i~i- T-n->T—
Sinking fund gold 6s—________1950
Canada (Dominion of) 4s__—...I960
1
.
j-D";"'
'3 Vis Series No. 29—A—!
^
56%
*56'/a
J-D
__a.
3 Vis Series No. 27——
60
14
56 Va
t56 %
*56%
J-D
60
60
51%
60
56'/a
.
60%
44
52
.
56%
J-D
.
47%
%
t56 %
J-D
....
3 Vis Series No. 23
61
Teletype NY 1
-971.
7%
.
(2028)
THE
&
COMMERCIAL
FINANCIAL
CHRONICLE
Monday, November 15, 1948
i
NEW
YORK
RANGE
Friday
BONDS
Last
Period
Sale Price
or
1928..
A6s of 1927
3s
Jan 1961
external
f
s
bonds
$
SASinking fund 7s of
Copenhagen (City) 5s_
25-year
Cuba
1946
M-N
1947
F- A
of)
%
1
37%
40
5s of
73
66
1949
F -A
1953
A-0
if;
s
f
3%s extl
$
f $
s
External
conversion
3%-4%-4/us extl
3%s
13
18
99%
84%
82 %
F-A
74%
74%
101%
65
63%
65
84 V a
14
A 4
J-J
*45
J-J
90
82
1949
M-S
..1964
%
44
>
Italy
s
external
f
s
reduced
sink fund
2.125%)
s
'«%
12
to
27%
20 Va
—
*4%
J-J
5%
*6
J-J
__
Ann Arbor
to
A
Atlantic
*6%
J-J
8%
8%
A-0
24
35
24"
1
extl
2.125%)
*31
M-S
M-S
2008
~7%
18
1957
:
1st
7%
*
'9%
Ref
J-D
—1955
97%
15
79
A-O
68%
80
67%
1963
M-N
J-D
92
80%
76%
13
MS
*31
35
.
.
.1968
gold 8s
95
106
30
32
21%
reduced to
reduced
14%
14%
17%
Bell
A-O
Plan
Stamped pursuant to Plan
(Int reduced to 2%)
loan of
J-J
6%
J-J
*23 V4
27
A-0
*35
9%
13
33
30
9%
33%
23
27
23
—
\
__
'
27
F-A
—
*25
31
—
-
,21%
"I
31
33
37
23%
—
to
21%
1
18
2.25%)
41
1
34%
41%
30
*30
J-D
2004
2.25%)
35
reduced
s
to
(State)
A-O
1952
Stamped pursuant
M-N
2001
M-N
2012
M-N
28
1936
Stamped pursuant to Plan
24
--
115%
123 Va
7
106%
115
Vl
103%
102%
,
J-J
.1966
J-J
103%
105 Vi
98 V4
106%
52 *
42
-33%
10
50
36%
37
104
14
102% 103%
101
13
"103 %~104 "
.
J-J
July 1975
B
<4%
h'k
25
:
56 Va
153e
40%
97%
*94% 100
A-0
r85
85 I
.*
fixed
<2%
>
fixed
100 Vi
>
16
82
94
47
86
I
■'
86
98
r
'
A-O
94%
93%
95
i,
—due Dec 11995
—due Mar 1 2000
J-D
60%
59 3 k
62%
123
58%
70%
M-S
60
GO
62 Va
51
57%,
70%
M-S
60
59
62%
85
57
70
J-D
70%
69%
71%
70
67 V4
78%
May
<
Feb 1.2010
A—
49%
48 Va
50%
463
45%
56%
'84%
84%
85
2
79%
91%
76%
35
70%
81
5
76%
86
*
1st
mtge .5'ft
M
ref
4s
«
■>
M-N
1980
;
ser
A
int)_V 1980
J-J
75%
D....1985
ser
ref
J-J
80
4s—
stamped
J-J
.1951
94%
*
Va
80%
94%
J-J
1951
•
Extension
1st
Telephone of Pa 5s series C—1960
1st mtge 5s
j
—-V—1976
A-0
AC__
series
1st mtge
5s series
1
1st
mtge
4%s
1st
mtge 4s series RR
>
AInc
—I960
Bristol-Myers Co 3s Debs
mtge 2%s.__
Bush
modified
88%
*83'4
1
88
100
102%
81%
23
72%
55%
55%
82
56%
57
50
*97
*85%
87%
96%
96%
9
61%
13
M-N
M-N
59%
..
59
A-0
.
102
99-
92
86%
95 Va
93 Va
100
68%
59
1'00% 100 %
J-J
-
60%
103
102
*102
J-J
102%
27
102
F-A
1957
86%
19
M-S
..1955
99%
100
101
—
*102
.1952
...
97%
89%
1969
—I,
123
96 %
97%.
1950
4%s_"__
4s
1st
88 Va
.
A-O
1st mtge 2%s—1975
Rochester & Pgh Ry—
Terminal
96
*101Va
M-N
—1976
Consolidated "5~s
36
F-A
Buffalo Niagara El
Buffalo
97%- 97%
*97
J-J
1968
Bklyn Union El 1st gold 5s
Bklyn Union Gas 4s debentures
Gen
•
A-O
mtge 4%s ser A——.July 1970
(Ernesto) Co 7s__.
1954
ABieda
.
■
93
J
1961
:
119
2
M-S
—1955
JJ_
'
100 Vi
94 %
M-N
L.1967
II
series
97%
•
983/8
99%
94'%
■■
98
88 %
*119% 120%
94%
M-N
;
88%
.
95
*100
M-N
J-J
95
*._
A-O
3%S—~ 1951
Bush
Terminal
Bldgs 5s. gtd-.*——I960
Power
1st
A-O
.
,
105
.
1
100%
102
92%
3
88 Va
96
92%
105
105
*99
3
104
1976
National
M-N
*100% 105 V4
1962
gtd 5s A_
cons
J-D
1974
3s—:
Power 3%s
Canada Southern
107
105
A-O
*104
J-J
98%
99%
100%
107
103%
102%
110
Ry—
27%
Guaranteed
4%s
1957
27
31
Guaranteed
gold
5s__
Oct 1969
A-0
gold
5s_.
1970
F-A
*107% 108%
1955
J-D
*112% 113%
1956.
F-A
111% 111%.
20
110%
112%
M-S
1Q6% 106%
11
106
107 Va
gold
25
9
26%
Guaranteed
gold
30
34
Guaranteed
gdld
4%s
4%s;
gold
4%S'_:—
22%
25
22 V'4
27
18
31
33%
24%
—
2 4'/a
*36
■
~5
24%
41
—
Pac
Ry 4 %
28%
28%
1
25
28%
31
31
5
29
J-J
7
12
113
stk perpetual
Adirondack
—
22
27
40
4s__
J-J
:
M-S
1965
93
93
94%
i07%
107% 107%
101%
101% 101%
J-D
:—1981
109%
110%
113%
39
5
82%
97%
108 Va
107
>67
74%
—
58%
71%
100'/a
103%
-
3s debs
Corp
A-0
1965
F-A
*101
.I960
F-A
10
*101
J-D
Corp" 3 %-s debs_——:
debs
Central
40
29
—
114 %
1&9%
107%
-
3>/4S
1st
A
111%
107
Ry—
§ACent Branch U P 1st gold 4s-—1.1948
30
*39
&
mtge gtd-4s__
Celotex
»
■
113%
107 Vs 1073,4
"
1st
31
*23%
__
deb
Clinchfield & Ohio
Carthage
Celanese
31
.1951
113%
107%
38
Can
Carolina
*24%
J-J
1999
MS
J-D
*..1948
21
-
A
8s
57
111%
102% 102%
M-N
1st 4s_. 1948
Guaranteed
M-N
1957
Plan
2%)
119% 120%
111
24%
--
Plan A
f
to
*22%
*32
--
J-D
1952
to
120%
111%.
Guaranteed
J-D
M-N
A-0
July 1952
income.
&
Creek
Canadian
J-D
2004
reduced to 2.375%)
A6%s extl secured
Ry
,
*•
—1966
Plan A
82
100
27%
«
2012
103%
-
32%
*29
A-0
77
95
.
28
26%'
4-1
41
—
A
ASao
Paulo (City) 8s
Stamped pursuant
4s__;
...
series
4s
Calif Oregon
A-0
100 Va
93%
M-N
A——1—1964
G—
conv
Stamped
1967 stmp pursuant to
Plan A
Paulo
7
7
•
*24 V4
—
A
1926
pursuant to
(Int reduced to
ARome (City of) 6%s
(Int
7%
7
102%
contingent interest)—.
California Elec
:1946
to
(Int reduced to
2.5%')——1999
external sink fund
gold
1968
(Int
53/4
*33
1%
17
8%
7%
J-D
A-0
2012
~5%'
16
*7%
Plan A
2%)
1%
*7
(State of)—-
reduced
cons
Cons' mtge 2%s set
Boston <fe Maine RR—
■
*15
F-A
Stamped pursuant
1995
—July 1 1995
1
.
*7
A-O
99 %
116%
101
95
95
Line
Indus Loan 2%s debs... 1961
Bethlehem Steel Corp—
»'
Cons mtge 2%s ser I.——.1970
17 %
15
A-O
*79
91.%
106%
49
29
495
•
Fe—
Beneficial
17
60
16 %
1953
to
§ A8s extl loan of 1921
(Int
14%
16%
16
2.375%)—.2001
to
Grande do Sul
external
5
16
J-J
pursuant to Plan A
(Int reduced to
2.375%)
.2001
7%-s 1966 stmp pursuant to
Plan A
(Int reduced to
2.25%,)..
.2006
{ARio de Janeiro
(City of) 8s
1946
Stamped pursuant to Plan A
Stamped
16%
16
'
93%
97%
72
94
101% 101%
Q-J
'
27
16
A-0
94
101%
4%s
mtge
gen
lien
4s
■
" .'
J-D
J-J
1961
8tamped
16%
—
98%
109
7
A-O
(2%% fixed
and 3%% contingent interest)— * "
Series 'J
due Dec 11995
C011
95
75%
A-0
.1963
(City of) 8s
*22%
M-S
•
.1950
A4%s assented
APorto Alegre
(Int
M-S
90%
:92%
A-0
.July 1995
..,—1966
(3%.% fxd & 1%% eont
Toledo- Cincinnati division
93
101%
76%
72
91 %
97 Vt
'Bangor &r Aroostook RR—
1
*85% 102
76%
101%
101 % 102
K
1st
92
69
MS
9
J-D
M__—.due Mar 1 1996
*Beech
1994
412
108% 110%
93%
66%
80
85%
102
Santa
ser
S'western div
►
94%
73
*78
92 Va
'
95%
75
81
90%
23
92%
contingent int) ..July 1975
2%
A4%s
-
AExternal sec 6%s
Stamped pursuant
A-O
16
69
102% 104%
103%'
C2%
193%
87% .87%
109 %
Pgh Lake Erie & West Va—
26%
89 %
*73%
A-O
1970
22%
1
8
80%
80%
93 %
103%
Ref & gen mtge 6%
26
95
11
91%
93%.
J-D
...
Danville
Series
33
85%
82%
91%
J-D
Series
t.
32
95
F-A
.—1957
Ext sec ref 3%s series B
.11967
f APernambuco (State
of) 7s._
,1947
Stamped pursuant to Plan A '
(Int reduced to
2.125%)
2008
APeru (Rep of) external 7s
11959
ANat loan extl s f 6s 1st ser
_1960
ANat loan extl s f 6s 2d ser.
1961
i A Poland (Rep of)
gold 6s
.1940
A4%s assented
1958
§ A Stabilization loan s f
7s
—1947
(Int
&
14
'31
,
A4%s assented
AExternal sink fund
1st
unified
1%
Ref
81%
85%.
——<—1969
&
mtge.5%
and
and
19%
29
78
94%
A-0
mtge 4s ser A____
1st
13
85"
A-O
92%.
Baltimore & Ohio RR—
8%
30
*23%
MS
1963
•
24
*31
M-N
1965
—
30%
*23
M-S
—1956
loan
f external
MS
92%
86%
B
15%
5%
8%
'
78%
7%
•
4%
14%
67
J-J
1987
SSASeeond mortgagees.
*11
J-J
11
1957
-
§ A Atlantic &
:69
80
1962
gold 4s_
Coast
67
1982
.
4s
General
99
68
'
MS
Ry—'
1st mortgage 3%s__—-1963
1
94%
A-0
deb 3s.
Topeka
General
15
■F-A
debentures
1st
100 Va
97
__
98
1980
...
Products Co 5s
107%
*98
1961
—.L
Stamped 4s
Atlanta & Charlotte Air
,
(Republic) —
^Stamped assented 5s
Stamp mod 3 '/is ext to
SASan
P W
104%
103%
Co—
—
debentures-
debentures.
28
100%
.
98
18
12%'
,
7
COMPANIES
19 Va
-106
.
*100%
9%
7
.
11
5
6Va
*24%
1986
debentures—
37
10%
12%
*6
90
21 Vu
7
*80
—1975
,
conv
A
9%
31
Panama
7s
debentures...
34
13%
*12
J-D
J-J
1959
Plan
Municipal Bank extl s f 5s
(City) sink fund 4%s
A 7s
conv
19%
5%
*11
J-J
2008
6%s
Oslo
A6s
debentures.
„
External sink fund 4%s
Rio
Telephone & Telegraph
debentures
2.
2%s
31
9
*6
14
M-S
Foreign Pow deb 5s...—.2030
Amer Tobacco Co
22
5
"I
*6
Plan A
Netherlands (Kingdom) 3%
Norway (Kingdom of) 4%s
3%s
7%
33%
92
70
A-O
1966
Atlantic Refining 2%s debs
Q-J
1958
to
to
Stamped pursuant
(Int
debs
3s
Series
f 6%s
reduced
Airlines
debentures...
(State)-—
Stamped pursuant
(Int
&
.
'
3
833/4
24'A
103% 103%
.106
106
J-D
3s
18%
26%
Q-J
1952
12
37
85%
80
13
__
INDUSTRIAL
A-0
2%s
23%
AND
J-J
2a/48
103
22
■
33%
33%
M-ff
—1954
AAss'td to Nov,
5,1942, agree.1968
§ A Assenting 4s of 1910—
—1945
AAss'td to Nov.
5, 1942, agree_1963
§ATreasury 6s of 1913 assent
1933
AAss'td to Nov. 5,
1942, agree_1963
A Milan
(City of) 6%s
13%
23
26
26 %
J-J
Assenting 4s of 1904_,
96%
2
'
•
*6 V4
J-D
~
78
~l
15%
*25%
26%
Irrigation—
Ass'td to Nov 5, 1942,
agree_1968
§ A Mexico (US) extl 5s of 1899
£—1945
8 A Assenting 5s of 1899
1945
AAss'td to Nov. 5,
1942, agree.1963
ASec
15%
A-O
—_i__1943
50
16
87
*5Va',
M-N
1972
«
"8%
—
-4
A-O
196?
10%
5 %
15%
J-D
1954
6%
19
*24%
J-J
(Kingdom of) 7s
—1951
Jugoslavia (State Mtge Bk) 7s—_1957
AMedellin (Colombia) 6%s
1
1952
Atchison
J-J
-1952
20
6%
16%
86
*24%
*6%
•
86%
73%
74
*70
—
'
F-A
-
3%s
104
8
16%
J-J
.1977
-
3%s
7s
mtge
American
10%
100% 100%
16%
.
__
1st
2%s
10
101
"
M-S
3%.
\
Southern
2%s
9%
*41
J-J
—1947
—
F-A
.1958
assented
2%s
M-N
—1977
—
ASec external
.1958
7s
A-0
Great
44%
5%
A-O
A
Minas Geraes
external
73
81%
86
J-J
Power
53
38
7%
F-A
_—1960
to 3%
assented
F-A
1978
.1984
.1952
RR 4%s__1975
Alleghany & Western 1st gtd 4s_. 1998
Allis-Chalmers Mfg 2s debs
1956
48%
,
*102
M-N
—1968
Public UtilityCredit Institute 1% to
§ A4%s
—
1—
Albany & Susquehanna
69%
53
*5
121
55
"77%
..
Alabama
95
54 Va
*55
J-J
Italian
Mexican
(City)
122
121
80%
'
RAILROAD
70
59
28
*68%
1967
paid——
7s
%s
Amer
J-J
,
f.
Warsaw
Hi<)h
126
117
79%
80
M-N
111%
68
9-
.
Low
124 "
118
35
75
A-O
January 1
No.
High
*110
--
Alabama
53
J-J
Irish Free State extl S f
5s———1960
Italian (Republic) extl s f
l-3s—_1977
Italian Credit Consortium for
.
A
102 Si
105
*40
Jan 1, 1976
paid
part
AExternal
conv
readjustment
AVenetian Provinces 7s—
107 Va
21
extl
'
J-D
4-4%-4%s extl readjustment—
23/,s
part
Public Works V/o
§A7s series B
1979
1978
79
Government—
A 7s
4s
readjustment
82
*106
Jan 1, 1976
*
A6s
A
M-N
Range Since
Sold
1937)-
American
Holsingfors (City) ext 6%s
■
M-N
AAdriatic Electric Co
—Jan 1, 1976
3s extl s f $-_•
Estonia (Republic of) 7s
French Republic extl 7s
A
1964
1979
(Republic of) —
A
Greek
6s
bond of
($
53%
.
1962
extl
fund
102%
1955
4s
sink
3%-4-4%s
External
tint reduced
1942
Salvador
AExternal
75
43
58
3
107% rl07%
J-J
1960
*99
(State)—
Stamped assented
r75
Bonds
Friday's
*110
44
*102J3
J-D
M-N
45
1946
8s
44
13
^1977
6s—-—- 1960
extl
22
68'
13
C
fund
32
73
67%
M-N
MS
sink
(Republic)
41
M-N
1949
AExternal
41
J-D
1914
F-A
73%
69 %
*38
or
Bid & Asked
Low
36
*38
Sale Price
*110
41%
1951
7s
loan 4%s series
4%s external debt.,.
Czechoslovakia
69
*38
—1953
gold 4%s
(Rep of)
Rica
(Republic
1952
36%
Last
Period
New York Stock Exchange
„
High
69%
36
A- O
Sinking fund 5%s
-
Low
69%
A-O
1947
1927.,
External
El
No,
High
*65
J-J
.....1970
{AColombia Mtge Bank 6%s
§ASlnking fund 7s of 1926
A Costa
A-0
Week's Range
Interest
BONDS
January 1
§ A Uruguay
Oct 1961
-
12
Range Since
Sold
(Republic of)—
A6s of
NOVEMBER
ENDED
Friday
Bonds
Friday's
Bid & Asked
Low
Colombia
WEEK
RECORD
Week's Range
Interest
New York Stock Exchange
FOR
BOND
of
(1947 issue
Georgia
mtge 4s
99
101 %
101
100 Va
*77%
-65
101
75
80
67
80 Va
64.%
71 Va
Ry—
A
ser
T960
J-J
——1995
—
65
38
39
Gen
*
mtge 4%s ser A
—Jan 12020
-May
70
May
...Jan 1 2020
"71
21
66
.
78%
93
48 %
60%
'
(Int
A 8s
reduced
external
to
2.5%
1950
—
Stamped pursuant to Plan A
(Int reduced to 2.5%)
A7s extl water loan
Stamped pursuant to
'
(Int
reduced
to
A6s extl dollar loan
(Int
reduced
s
f
to
J-J
1956
M-S
—
2.25%)——2004
—
J-J
2%)
2012
A-0
1978
A8s secured external
A7s series B sec extl
ASilesia
A4%s
(Prov of)
1962
7s_:
For footnotes
see page
31.
34
40
A 5s
,
AGeneral
registered
32
41
Central
Pacific
28%
88
6 %
M-N
J-D
6
*7%
6'/a
*—
*85
6
25%
~i
—
90
67
76
1
4Ya
19
3%
12
6%
35%
83 Va
7
1
—
85
J-J
1987
Q-J
York
ref
F-A
3s
Aug 1 1949)—
ser B
3%s
1974
8%
Ref <fe Impt
Ref & impt
M 3%s series D
1996
M 3%s series
1996
R
1st
90)4,
107%
79
180
37 Va
85 Va
,77%
72 %
78%
159
35%
85%
65%
62 %
68
159
32 Va
32 Va
100% 100 Va
10%
F-A
Champion Paper & Fibre deb 3s—1965
Chesapeake & Ohio Ry—
& A
107
73
F-A
.1968
General
9%
Va
*106%
78
A-O
gtd gold 4S-1949
56
2
97%
101^ 101%
16
101%
73%
69 V
2
103
103%
series A
to
mtge
1974
51
Q-J
Power
1st
-J-J
1987
—
8
13%
5
ref
(4%%
1st
1987
—:
——1987
52 %
■A-0
5s_—
4s
38
88
i966
Light 3%s—'
registered
New
73%
J-J
Illinois
B_*
$ A Central of N J gen gold
Central
6%
J-D
1957
Central
.38
34
*71%
1958
46
27
26
M-N
1958
extl
assented
Sydney County Council 3%s
—
36%
33
A-0
1962
12
*33
*26%
88
(Kingdom)—
»
40%
—
1st &
A-0
1940
7s—
31%
*26%
—
A
Stamped pursuant to Plan A
(Int reduced to 3.5%)
Serbs Croats & Slovenes
*35
..
A 4s
J-J
.1968
*39
31%
Plan A
Stamped pursuant to Plan
j A Secured
J-J
1999
Gen mtge 4%s ser
*30%
gold 4%s_
Div
2<Kconsol
cons
gold
gold
4s_—
1992
E
4s
*__
*103%
J-J
M-S
M-N
97
F-A
97
—
—
98%
7
119% 119%
1
98
119%
96%
99
95 Va
96 Va
97
30
97
25
1589
-J-J
*__
115
1989
J-J
*__
110%
101%
96
119%
102
104 Va
100%
130 V2
95
104%
95
106
115
—
117%
109 Va
110%
Volume 1G3
Number 4751
THE
COMMERCIAL & FINANCIAL
CHRONICLE
(2029)
29
NEW YORK BOND
RECORD
RANGE
FQR WEEK ENDED NOVEMBER
Friday
BONDS
New York Stock
Interest
Last
Period
Exchange
Sale Price
or
Low
1st & ref 4 Vis series
lat & ref
mtge 3 Vis
1st & ref
mtge 2%s
Chicago & Eastern
AGen
mtge
1st mtge
3%s
Chicago &
AGen
inc
&
B
inc
:
4s
A2d mtge 4%s inc
Milw
St
Paul
&
4
72s
inc
conv
Chicago &
2nd
North
mtge
1st
mtge 3s
1st
mtge 2%s
West'n
1st & Tef
Cine Gas
1st
4
62 y2
65
5
54 y8
67
4s
& Elec
1st
mtge gtd
1st
i
General
5s
Ref &
4s
Cin
St
Wab
&
Louis
1057/8
Apr
91
*__
"101
104 Vi
A-O
J-J
->97%
1977
68%
_L
__
66
105
103
1
62
10274
104'/a
103
123%
110
117%
88
3
J-J
83 3i
84
13
J-J
71%
10
J-J
*9474
Feb
*74
'
88
71%
,
27
87%
99 Vi
88
98
82%
92%
70
82
95%
63
~8%
A-O
112
91%
95
Feb
65%
?I
6 %
11%
5
100%
102%
101% 102
J-J
2015
-J-J
..1968
2%s__.
96
6
80
101%
93
68%
80
9 5'/a
95%
95%
"i
92 y2
100
Apr
..Jan 2044
-1
96
*__
A-O
;_.1969
...
58%
56 '/2
58%
30
56 '/2
J-J
•
1976
66%
97
M-N
.1978
...
*93'/a
A-O
Hackensack
Water 1st
mtge 2%s__1976
Hocking Valley Ry 1st 4V2S
^.1999
Household Finance
Corp 2%s__J__1970
Hudson
Coal
1st
f
s
5s
97
93
97
97%
*101
AAdj
104%
Illinois
101 Va
101%
,1st mtge 3s series B
Illinois Central RR^—
95
—
47
40
102
102%
12
Vi 104 Vi
101%
1st
98%
*104*4
li
*._
ZZ
M-S
gold
lines
Refunding
-
95%
Div
Gold
94
99 '
96%
96%
95 Va
Vi 101%
15
226
10
100
111
1st
1st
100%
103%
106
110%
•
1952
1950
3s
3s___
<fe
1st
ref
Illinois
101 Vi
Indianapolis
96
102
91
88
94
52
48
55%
A
2
Ref
Va
111
&
&
1st
33
37 Ve
42%
A
85
80%
84
A 1st
5s
33Vi
31%
36%
A
gold
*35
36 %
33%
37%
36%
34%
37
1st
82%
84
*103 74
—'
81
98
74
1 02'/a
95
102%
102 y2
108%
89%
77
7i
1041/4
9874
*101
104
103%
10474
99V4
*__
..
103
97
101
J-J
97
101 Vi
-
101 Vi 101'/a
*10074
J-J
L
&
ser
N
F-A
ser
J-D
•
gold 4s
Ry Co—
87
100
78
88%
88 %
36
11
77
95
100
SAInternat Hydro-Elec deb 6sL_
Cent Amer.lst 5s B
85%
90
1944
.72%
93%
"
88'/4
101%
102
85%
7 J 74
75
256
52%
76
A-O
24
27
170
20
43%
66%
65%
68%
120
48%
71%
J-J
^
1972
24%
J-J
..1956
Int Rys
100%
81»/4
81
101
*100% 102
J-J
1956
C
101
9574
61
J-D
July 1952
B
103
102
101
—
RR—
,.1952
A
8674
102Va
*99
J-J
1986
C
Northern
series
J-D
93 3a
J-J
1950
A
series
93%
0-0
A....1970
1st
ser
102 Va
*10074
O—
D__,..____._1963
4s
2
-
..1951
F-A
St
6s
5s
2
95'A
Great
series
(
7
*99%
Union
Adjustment
-
*9974 101
:
Ry
series
103
F-A
Imp 2'/2S
6s
105'A
J-J
Iowa
tlnternational
103%
98
1951
....
mtge 4s
Indiana
99%
,
2
20
.'.1951
1st gold (3%s_—1951
Terminal
10i%
103%
102
100%
70
105% 106
J-J
102%
102
100'/a
_
100% 101%
J-J
100
1951
...
Chic
ref
—
104
82%
94%
100%
100%
*..
J-D
1951
20
—
104
105%
F-A
.
103
102% 102%
104
J-J
1966
"
*35
M-N
..1952
5s.series A
1963
4'/2s series Ci__.__._1963
97%
59
A-O
....1955
ref
100 Vi
99
*1017/^
M-S
103
M-N
gold
—
*101
A-O
103
M-N
1st
13
102 VB
j.J
1953
Div
Cent and
Joint
96
*__■
J-J
Div & Term
gold 3s
3%s
95%
J-D
-
1951
Western Lines 1st.
gold 4s
92%
33%
1
J-J
1981
Louisville Div & Term gold
3V2s_1953
Omaha
*34%
J-D
29%
.,._.______..___„1955
5s
101 Va
95
94%
*83
J-D
17 Vi
1
Springfield
93%
38
33%
50
;
1
107%
99% 100
J-J
21%
3V2s
Cairo Bridge
gold 4s
Litchfield Div 1st gold
*50
J-J
21
Collateral trust gold
4s_^
*89 %
J-D
21
...1951
104%
101
98
*1;
105%
A-O
...
1
101
M-N
J-D
96%
103
68
3'/2s
104'/a
106 % 107%
J-J
88
1
.
57%
1951
104 */a
*100% 101%
99
„
45
1951
ZZ
*93
107 Vi
98
16
103
59
.1978
3s
Registered
,
95
103
127%
94
57%
Debenture 4%s
104%
947a
M-N
94 %
103
96%
117
57%
.;
1st
gold
Purchased
107
*93%
J-D
94'/4
M-N
.
sterling
Collateral trust, gold 4s
Refunding 4s
;
108 Va
101
4s_L
St Louis
.105% 105%
J-D
95%
F-A
Telep 2%s series A
gold
1st
103%
106%
Bell
Extended
102 y4
104
-101% 102 %
A-O
J-D
93
~9
117%
1957
11st gold 3 %s_4
58%
101
106%
M-S
1962
94%
117
*94%
1
106
103 V4
104
ZZ
*93%
J-J
J-J
Feb 1957
income 5s
102 Va
104%
102
M-S
^.1949
5s A
1
45
"
series A
Hudson Co Gas 1st
gold 5s___
Hudson & Manhattan 1st
2
45
A-O
1952
116
92
J-D
SADeposit receipts
§A7%s series A deposit rcts...
-1946
§A6s series B deposit
receipts..-1946
109%
88
A.....July
D
M
8
2
11
119
11674 116%
87%
71%
101
70
101 Vi 101%
F-A
______
1st
119
;__2010
7774
34
45
F-A
-1965
Util
109% 1097a
,
86
97 74
.
mortgage 3s
84 Va
101%
J-J
-1966
1st
1097;a
116%
81%
i
J-J
1975
ser
sens
59%
108%
-1975
3%s
Gulf States
104%
—1982
inc 5&
ref
11
1961
mtge inc 4s ser B
Collateral trust 3%s
107 %
-1977
mtge
&
68
F-A
5%s__.-1942
1st
1
96%
M-N
,
Gen
98
J-J
B
series
9774
9774
•
,__.19o9
4s
6
..__1990
^
RR—
8
100%
-1972
M-N
J-J
R
ret
85
1982
Q
ser
42
35
C
ser
2%s
72
34
B
2%s
mtge
Ohio
84
2000
mtge
67
106% 106%
103 Vi 103%
A—
*101
85
J-J
P
.ser
89 Vi
.
103 >/4
A..__^_. ..1961
2%s
mtge
Gulf Mobile &
99%
106 Vi
M-S
.1977
-1972
97
A-O
A-O
gold-.
97
104
ser
5s
82
92 %
14
ser
1st
82
107% 108
ser
Cuba RR
93
78
,*101%
*100 Vi
A-O
A
91
A-O
..1978
1st
95
80
108
M-S
D
109
101%
A-O
2%s
Ry
S A Deposit, receipts
104
102%
50'/a
5574
J-J
O
103% 103 Vi
10374 10374
,
3s conv debentures
..1963
Consolidated Natural Gas
2%s__. -1968
•
102
100
43,
100 Va
96 Vi
68%.
>
A-O
4Vis____. "1951
ser
65%
103 %
4
4s____1955
3'is
89 y2
J-D
2%s
§ACuba Northern
High
H
106%
*99
F-A
debs...1971
N__-.
mtge
106%
97 Vi
'%?.
'
__
J-J
1980
____
105%
96%
__
96%
M-N
1970
102 y8
80
J-J
1st '& ref mtge
series
Low
15
56
"
__1952
Bay & West deb ^ctfs A
Debentures ctfs B
!
Greyhound Corp 3s debs
106%
*91
J-J
1991
;
%
99%
102
97%
*108%
—
96 Vi
J-D
1st & ref mtge
3s
Range Since
January 1
*91
J-D
-1965
mtge 2%s
Sold
No.
....
104 Va
M-S
A
102y4
104% 104%
1973
1st mtge 3s series N
Conn Ry & L 1st & ref
Conn River Pwr s f 3%s
101 Vi
104
„1977
extl
Bonds
103
53
J-D
1976
ser
Gen
104 Va
31/4S____1970
El
102 V/a
>102>/4
54
M-N
1973
3'/8fi
Gen
91
104
•^...^1982
1st
..1956
4Vis series D
mtge
Gen
80
M-S
F-A
Commonwealth Edison Co—
1st mtge 3s series
L~_
ref
78
74
J-J
-F-A
1st mtge 4Vis series C
Colorado & Southern
Ry—
3%s debentures
Columbus & Sou Ohio
High
M-S
A Green
102
75
103
J-D
4Vis (stamped modified)
Columbia Gas & Elec 3Vis
102%
J-D
M-S
of
Gen
rst &
100
4s_._199,0
100
80
100
1993
94
100
...
J-J
RR—
Series D 3 Vis gtd
____1950
Cleve Short Line 1st
gtd 4%s_:.___1961
Cleveland Union Terminals Co—
1st mtge 5Vis series A
1972
1st mtge 5s series B
.____1973
1st &
.
General
107 y2
•76
J-D
.
M-N
1959
1974
General 5s series C
Gen
105
100
101
75
_._1969
4s_^
71 y2
100
Ry—
1st
1961
'
.1
Gas & Elec of
Berg Co cons 5s_i__1949
General Realty & Utilities
Corp—
A4s conv inc debs
.1969
Goodrich IB F) Co 1st
mtge 2%s_1965
Great Northern Ry Co—
General 5*/2s series B
94
101 74
262
103
1978
trust
Certificates
Gen
29
93
J-J
1961
Div
ref 5s series A
deposit
Francisco Sugar coll trust 6s
70 Vi
89
JrJ
debs..
1st coll
&
•
58
>100
J-J
1975
E_„
216
91
105% 106 %
91
J-D
1966
1st mortgage 3s
Cleveland & Pittsburgh
1st & ref
"87
J-D
1974
Louis
A 1st
61%
1962
Cleveland Electric Ilium
3s__.
Columbus & Toledo
53%
59%
debs..
series
Mich
Div
251
56%
1952
DJ
B
impt 4Vis
65%
75
58
1993
series
106
1994
gold 4s
General
99%
34
54 y2
J-D
1994
55 V*
93
17
59
J- J
1951
39 %
88 V4
70 Vi
1963
conv
Friday's
Asked
.
101
54%
J-J
'
29
—
68%
1963
G
St
101
Ry—
G
City Ice & Fuel 2%s
City Investing Co 4s
&
51 Va
Apr
1994
4
98%
Apr
Jan 1 1999
3%s series-E
Chic
101
Ry—
....
ser
47
*93%
J-J
1st mtge 2%s
mtge 2%s
47
J-J
Apr
mortgage 2%s
Cin
J-J
1956
Cincinnati Union Terminal—
Cleve
J- J
ser A_Jan 2019
Orleans 5s
1951
Indiana
or
Bid &
80
62 Vi
Pacific
Vis series
Sale Price
90%
55%
gold 4s
ser
Last
Period
120'/a
79
24
Chicago Union Station—
1st mtge 3V8S series P
&
80
111
76
2%-4%S-._.
1st
51%
71 %
1
86 Vi
Chic Terre Haute &
S'eastern Ry—
1st & ref M
Chic
34
2
118% 118 %
75
A__Jan 1 2019
2%-4%s
75
51
85 V'4
4%s
1st
75
lisva
Firestone Tire & Rub 3s debs
JFlorida East Coast 1st 4Vas
A
45 y8
75 y4
1951
Memphis Div
42 y2
99.
85 y4
1989
New
'
M-N
M-N
.Jan 12044
&
43 Vi
RR—
4 7is
Gold 3%s
Income
J-J
100%
J- J
B
conv
L &
91
1994
Island
AGen mtge
93
3
J- J
mtge 4s series A_.
Chicago St
20
Jan 2003
Western
ser
Chicago Rock
f 8
95
1988
A
ser
inc
conv
98
95
Jan 1983
B
ser
Week's Range
Interest
Exchange
112
112
Jan 1 2038
Pac
1st mtge 4s ser A
Gen mtge 4%s inc
108
109 %
98
Ry—
Chicago Indiana'& Southern
Chic
1
95
1985
A
ser
BONDS
New York Stock
High
2
F-A
1982
series A
ser
110'/a llOVi
110% 110%
1970
Louisville
mtge 4s
llOVi
F-A
F-A
1997
mtge'4%s_.J
Chicago Ind
J-J
RR—
1st gold 5s
1st
Low
1977
5s
Friday
Range Sinct
January 1
Sold
No.
1985
conv
ser
Erie
Chicago Gt West
A 1st
111
ine
B
Bonds
High.
Low
1958
=
Friday's
Bid & Asked
Chicago Burlington & Quincy RR—
General 4s
12
Week's Range
66%
66
68 Va
75
A-O
65
65
66'A
54
M-N
*9674 102
—
50
60
99
71%
67%
102
D
Dayton Pr & Lt 1st mtge 2%s
1st mortgage 3s_,
i.
Dayton Union Ry.. 3 Vis ser
Deere &
Co
2%s
.1975
1978
A-O
;
.1965
Y
Lack
1st
A
&
Coll
M
5s
mtge
&
&
C
ser
A-O
94
3
95%
100
95%
85
86
62
.1993
.
-
25
-
27
M-N
62
•
M-N
66
A-O
tr
Rio Grande West RR—
mtge ser A (3% fixed;
l'/o contingent int)'.^—;
.1993
6574
Income
mtge ser A
contingent int)
Denver & Salt Lake
Income
mtge
54
26
54%
5
100 VB
i...
;
—
—
3s
A
debs
conv
Second
wi
gold
Detroit Term
&
.
1st lien
.1966
Chemical
M-S
....
1958
„•
J-D
gold 4s—.1995
86
18
Tunnel
4Vis..
.1961
M-N
B_ .1976
ser
debs——.—.1961
M-S
.
J-J
15 A Dul So Shore & Atl gold 5s
.1937
*
*
101%
95%
105
80
93
63 74
97
51%
80
17
66%
F-A
108
82%
1
107%
74
75
10
74
83
36 '/2
96 74
96 V2
16
95%
98%
K
Kanawha & Mich 1st gtd
gold 4s_..1990
City Power 4& Light 2%s_ .1976
1st mortgage 2.74s
'.
.1978
Kansas City Southern
Ry 1st 3s_ .1950
A-O
Kansas
mtge 4s
1st mtge
ser
A
101% 301%
100 Vi
A-O
95%
104% 105%
*71
103 74
70%
9
••
77
—
95%
74
104%
unguaranteed
_9
84 Vi
..
76
58%
'
tAKreuger &
71
Toll
5s
ctfs..!
96
■
81
106%
86
96
9874
32
96
98%
4674
4
38
49%
9774
97 74
5
96%
100%
Lake Sh
3 Vis
Mich Sou gold 3%s
Nitrate
mtge
Co
Ed
El 111
(NY)
1st cons gold 5s.
Elgin Joliet & Eastern Ry 3V4s
Ei
&
Paso
s<-
S'western
1st
5s
Gen
mtge
1st
1965
inc
1st
A
ser
Jan 2015
J-J
ser
E_._
1964
A-O
F
1990
J-J
Div
mtge
mtge
1st
3V4s
ser
2s ser
mtge
footnotes see
G
...2000
J-J
H...
1953
M-S
3V4s___
1971
M-S
page
31.
141
156'/2
102
105%
•104% 104%
10174
106%
*105
A-O
ser
cons
For
4V2s
112%
*104
A-O
3V4s
110
100
105%
*142
M-S
mtge 3*48
cons
Ohio
1970
J-J
Co—
1st cons mtge
1st cons
1995
1 11 Vi 111 '/a
67 Vi
€7
*94
*84
*80
•*95%
149
67%
145
64
73%
93
ser
50
*10074
44
50
97
--
100%
112% 112%
81
86%
85
78
86 y2
102
99'%
*97
97
10C-
M-S
;
100%
1
.1
39
98
169
1
M-S
5s
176
99%
103 %
4
1
1%
95%
too
96%
100
Co—
46
102
1997
J-D
111%
J-D
*9474
96
88
74
98
*6874
90
82%
90
Dec
A-O
,95
F-A
*100
90%
90%
90%
10
81%
92
95
10
90
9874
9474
10
'
1954
...
L~.
.-1964
F-A
1974
F-A
Lehigh Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s ext_1950
Lehigh Valley RR—
4s stamped modified
.2003
M-N
~9
96
95
60
71%
70
3
67
75
27%
35%
249
27
39%
124
35
M-N
M-N
2003
M-N
43
A-O
70%
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5S.J
1965
Liggett & Myers Tobacco 5s^
...1951
100
70
2003
i....:
07%
84
82%
?5'A
36
2003
4'is
95%
67%
J-J
M-N
95
94%
*92
F-A
2003
4s registered
4Vis stamped modified.'—
registered
stamped modified
104 74 1C6%
J-D
1970
stamped
5s
105
k
...1975
A
stamped
94
86
stamped
5s
M-N
.1965
stamped.
Erie Railroad
.1956
114%
*108
Ltd—
income reg
3 Vis
5s
1st 5s
100 74
A-O
.1997
registered
Lautaro
A 1st
&
Lehigh Valley Coal
Ga Div
97
110
*45
——
A-O
..1959
Laclede Gas Light 4'/2s conv
debs..1963
Liikeiront Dock & RR Terminal—
"
1st mtge sf 3%s ser A
1963..
S F mtge
&
99%
99
110
J-J
.....
Lehigh Coal & Navigation Co—
East Tenn Va
103
104%
105%
68%
..
46 Vi
97%
97%
98%
96
75
103 Va 104 V4
*83
—
96
Vi
96%
2
*98
J-J
..1961
.101%
12
*108
J-J
J-J
99
100
104V4
95 %
*75
09
100%
99%
101% 101%
101%
99
98
973/a
101% '
J-J
......
94%
..
A-O
J-D
Kansas City Terminal Ry 2%s.__..1974
Kentucky Central gold 4s
..1987
Kentucky & Indiana Term 4'/2s__..1961
4V2S
*9974
A-O
...
3%s series B
Stamped
95
*96%
;
J-D
...
1st
'*...
J-D
110%
3
108
101% 101%
'
J-J
.1977
Co 2%s_.—
75
M-S
Kings County El L & P 6s______^.
,.1997.
Koppers Co 1st mtge 3s
..1964
J-D
Duquesne
Light
61
79
J-D
1995
2.35s
63%
M-S
J-D
J-D
274s__. .1976
..1961
J-J
.1970
4s
Det Tol & Iron ton RR 2%s
Dow
85%
Apr
.1982
series H_.—
2%s series I
Detroit & Mack
J-J
.1993
& ref 3s
ref
68%
103
fixed
contingent int)
Detroit Edison 3 Vis series G__
Gen
68
'
66%
-—
<3%
1(J?
Gen &
88%
1
2018
Lt
■
(4 V2V0
—...—
&
97
80%
1st
;
.1959
Jersey Central Pow
102
89
101% 101%
105 %
J-D
Denver &
A
103%.
99 Vi
3
61%
103 V4
103%
10
99%
103 y4
94
M-N
....May 1 2042
Light 3s
.1973
3 Vis—
.1977
&
coll
100
M-N
.1973
division
4-6s__
Power
mtge
96
div
due..
Essex
Tr
Delaware
1st
Western
ref
Income
Morris
&
96
.*99 Vi
■
debs..-...^,,—...1965
Delaware & Hudson 4s extended...
.1963
Delaware Lack & West. RR Co—
N
93
J-J
J-D
3974
12
39'4
417i
371 '2
45
4274
*
44 >4
15
71%
26
69»a
A-O
*120
A-O
108
'
26%
42%
40
36%
47
67
120:
108
38%
30
29%
107%
78
121'/a
111%
30
Monday, November 15, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(2030)
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED NOVEMBER
Friday
Interest
Last
Period
BONOS
Sale Price
New York Stock Exchange
or
1962
1952
January 1
J-D
Low
No.
High
Long Island unified 4s
Low
1949
34
4s
-
4s
1949
stamped
Lorlllard (P) Co deb 5s
3s debentures
:
Louisville Gas St Elec 3%s
2%s
1st
3%s
&
ret
M
St Louis Div 2d
102
A-O
102
-1966
M-S
106% 106%
.2003
A-O
MS
.
2003
H
A-O
1980
Div 4s_;
m-rn,
+r~>
A-O
2003
—
.
M-N
»
2
78'A
*94
05%
mem.
*93%
—
*101%
77
9
80
101%
99'A
92%
W—r'
Range Since
January 1
Low
28
60%.
66
13
88
87
88
J-J
93
93
95%
3
94
93%
68
65%
87
94%
92
100
3
92%
100%
39
99 V2
104%
*
101 % 101%
101%
m-s
103
60
J-J
J-J
107%
60 %
92
62%
*60
High
99
96'A
■
100
*_,
60%
96%
95'A
97
95Vs
99
95%
98
A-O
*96'A
1978
J-J
*.,
.—1977
1st mtge 2%s.
(Wise)
111
96%
F-A
1975
A-O
*98% 101 %
M-S
mtge 2%s—
3s—
1st
1st mtge
96%
108%
1974
1st mtge 2%s
(Minn)
mem.
„
High
103% 103 %
103%
Q-J
Q-J
Q -F
Q-A
Sold
No.
Northern States Power Co—
89%
——
—-2047
—
4%s series A—;—.—2047
Ref St impt 5s series C
—2047
Ref & impt 5s series D—,,,——2047
Coll trust 4%8
—1975
—
87
——Jan 12047
Ref St impt
108%
105%
1997
registered
3s registered
102
110%
100% 102%
10
91
*,,
mem.
\
MS
1955
gold 3s
Atl Knox St Cine
4
—1963
series G
tor
100'A
107%
„
107% 108
F-A
1st St ret mtge 3s
Louisville St Nashville RR—
1st St ret M 3%s series F...
1st St ret M
*10041
M-S
1997
4s
General lien 3s
102 Va
100%
mem.
lien
Prior
99% 101A
mmmi
*10011101
M-S
.
Pacific Railway-
Northern
107
18
—r
—
M-S
1949
Guaranteed ref gold 4s
—-r
Sale Price
High
107
Bonds
or Friday's
Bid Mt Asked
Last
Period
New York Stock Exchange
'
7s series A-
Interest
BONDS
Range Since
Sold
M-N
ALombard Electric
Week's Range
Friday
Bonds
Friday's
Bid A Asked
Low
Little Miami gen 4s series A
12
Week's Range
99
101'A
M
Macy <R H)
1972
M-N
1960
J-D
*70
J-D
M-N
M-N
J -J
J-D
M-N
*97
100
Manati Sugar 4s sink fund__Feb 11957
Manila RR (Southern Lines) 4s.
May Dept Stores 2%s debs,
Mead, Corp 1st mtge 3s
97% 101%
73
1954
St Co 2%s debs
Maine Centra! RR 4'As ser A
1st mtge St con 4s ser B
1959
1972
1960
Metropolitan Edison 1st mtge 2 7As_ 1974
Metrop Wat Sew St Drain 5'As
1950
*98% 100%
84%
01 »/4
fOgdensburg St Lake Champlain Ry—
if A 1st guaranteed 4s
1948
1974
1st mtge 2%s
1975
*__
70
70
70
Oklahoma Gas & Electric 2%s
1975
F-A
*94%
94%
94%
98%
Oregon-Washington RR 3s ser A—1960
A-O
85%
102
102
67
85%
98,
M-S
M-N
*101%
1979
J-J
Ohio Edison 1st mtge 3s
10
17
*15
J-J
19
98%
98%
•
A-O
99
7
98%
93%
93%
6
93%
24
103 %
*94%
102
98%
97%
93 V2
98
105
103%
103% 103%
99% 100%
31
98%
104
98%
2
98',2
104 Vs
102%
97
101
98%
98
*100% 101
1952
08
98
102
A-O
75%
94%
101
Michigan Central—
Jack Lans St Sag
1st gold 3'/is
Ref
St
3%s_
impt 4%s
,—1951
series C
Michigan Cons Gas 1st mtge 3'As_1969
103%
99
80
98
100%
M-S
*—
56
A-O
100
84
100'A
96
102%
A-O
Mining & Mfg 2%s___,1967
Minnesota
M-S
1969
87%
106%
103%
24
103% 104%
1940
1969
100%
102%
100%
—
—
84
*80
MS
1st mtge 27/eS
1st mtge 3%8
ISAMidland of N J 1st ext 5s,
*100%
2
101% 101%
14
51
100
10
98%
84
2
56%
66
101%
Minn
St Paul St Sault Ste Marie—
1st mtge 4'/is inc ser A
Jan 1971
J-J
AGen mtge 4s inc ser A
Jan 1991
J-J
Mo Kansas & Texas 1st 4s
1990
J-D
1962
J-J
1962
J-J
—1978
Missouri-Kansas-Texas RR—
Prior lien 5s series A—,,
40-year
Prior
4s
.
series
B
,
lien
4%s series D
adjust 5s series A
A Cum
^Missouri
Pacific
RR
57%
68%
79
73%
88
78%
78
79%
33
71%
84%
63%
62%
63%
10
61
69%
61%
71%
47
80
J-J
64%
65
A-O
67%
69%
1965
F-A
83%
84%
87
44%
1977
M-S
MS
43
1978
M-N
86
M-N
27%
85%
General 4s
A
1st St ref 5s series P
St ref
49%
97
71%
Jan 1967
A 1st & ref 5s series A—
A 1st
53%
51
51%
93%
5
27
1975
5s series G
'
AConv gold 5'/is ser A,
1st St ref gold 5s series
ref 5s series I
Moh'k St Malone 1st gtd
A
1949
H—,,1980
—1981
F-A
gold 4s
M-S
1991
Monongahela Ry 3'As series B_„,1966
(John) & Co 3s debs,,—,1958
Morris St Essex 1st gtd 3'As
2000
47%
-
51%
87%
564
71%
907/s
87 %
130
72
90%
26
28%
977
18%
31%
84%
84%
87%
79
71%
90 %
290
71%
90%
87%
64
4
101
63
1
J-D
56
55%
36
M-N
78%
78%
78%
20
68 %
72%
72%
73%
34
64%
93%
88%
100% 104'A
90%
A-O
1st mtge 3s ser B
1980
National Dairy products 2%s debs_1970
3s debentures
1970
National Steel Corp 1st mtge 3s,—1965
National Supply 2%s debs,
1967
—1954
M-N
—1948
J-D
5s,
England Tel St Tel 5s A
1st gtd 4Vis series B
debentures
New Jersey Bell .Telephone 3%s
N J Junction RR
gtd 1st 4s
New Jersey Power St Light 3s
F-A
,
97%
J-D
A-O
102%
j-d
1961
1982
5s
series
B
97
102% 102%
17
102
103%
35
102%
105
1980
A 1st
A
5Vis
series
Certificates
of
99%
99%
4s
F-A
,,,1956
.
98'A
)
102%
98
'
98%
'
"i
i:
•
101
•
-
104% 104%
4
1102% 103!
90
91
m,m~
e
-
.
7
10?% 107%
**100'A-104 *•
90%
89%
*
__
"5
90%
-
86
86
86
92%
93
80%
92 %
80-
93 3A
90%
92%
"5
85
97%
—
—
84%
96%
70%
F-A
61%
61%
63%
173
6i y8
impt 4 Vis series A
,2013
Ref St impt 5s series C
.,—2013
N Y Central St Hudson River
RR—
A-O
67
67
68%
249
66%
76
A-O
73%
72%
75'A
73
73
84
83
83%
23
79%
88%
80'A
76
82%
66'A
62
69%
mtge 3%s_
3Vis registered
j-j
1997
Shore coll gold 3 Vis
1998
3Vis registered
jl___:_„1998
Mich Cent coll gold 3 Vis
,,1998
3 %s registered
,1998
New York Chicago St St Louis—
mmm.
J-J
*77
F-A
1997
Lake
*
'
Ref mtge 3%s ser E
1st mtge 3s ser F
N Y
1st
j-d
ser B
Y Lack St
West
series
1975
N Y New Haven
Hartford
Harlem River
&
1st 4s
Port
A General
j-j
«
-
82%
96%
101
95 3 4
99 7A
33
90
96%
98
98%
1
98(2
104%
18
101 V'2
106%
95
M-S
.
6
98%
104
104
10
10033
102%
98'A
*104%
M-S
100II
A-O
98%
98%
10033 10033
98'A
J-J
46%
45%
122
47%
49
35%
J-D
'
1'
-
A-O
F-A
102%
*103% 106
M-N
; "
■
■
97%
08
,
98%
7
106%
102'A
103'A
22
97%
101%
97 VA
—
100
J-D
10
114
J-D
100
115%
10
103
104'A
62
99%
107%
107
-
108%
29
104'A
111%
100%
104 Vs
■
1985
30
94
103%
99 Vi
99
100
39
94
103'A
100'A
100
100%
47
97 %
100%
78'A
89%
59%
*_,
J-J
—,—1960
117
99% 100
99%
J-J
84
61%
Apr
■
F-A
62%
15
15 Vs
A-O
—-Apr 1990
Peoria St Pekin Union Ry 5%s
1974
Pere Marquette Ry 3%s ser D—,.1980
ext
.
112
15 Vs
8
*,_
97%
M-S
'
104'A
97%
——
7
68
14'A*
25%
106
103
103%
97'A
General
5s
series
*—
J-J
J-J
.1971
General gold 4%s series C
Philadelphia Co coll tr 4%s
/
*~
'
*110
mmim
104 %
98%
100
M-N
*97'A
Cons gtd 4s jseries H,.
1963
Cons gtd 4'As series I
Cons gtd 4%s series J
1964
Pgh Cine Chic & St Louis RR—
Gen mtge 5s series A
1970
Gen mtge 5s series B——.— 1975
Gen mtge 3%s series E
.1975
Pittsb Coke St Chem 1st mtge 3%s. 1964
Pittsburgh Consolidation Coal—
r,;
118
104',4
110
58
104'A
.108%
15
97%
100%
21
98 Vs
102
97
100
98
98
98
~2
96%
99%
99'A
15
98%
101%
9%
9%
11
9'A
9%
9%
1960
98%
113'A
"imm.
99'A
99%
9%
F-A
J-J
1964
Phillips Petroleum 2%s debs
Pittsburg Bessemer St L Eric 2%s„ 1990
Pgh Cine Chic St St Louis Ry—
1953
Cons gtd 4s series F—,—
Cons gtd 4s series G.
1957
__
99% 100
J-D
.1978
113%
104% 105%
M-N
.1937
—
'
J-D
1981
—.
.1967
1974
ret 2%s
ref 2%s,
'
F-A
.1961
—
.1974
.1977
B
13%
11%
9%
1
8'A
F-A
100% 100%
21
100 %
102
J-D
*94%
94'A
99
J-D
*103
96%
„
M-N
*105%
—
102
106%
F-A
*103'A
F-A
*113%
.1"'
110%
113%
M-N
*107%
—
109
111
110%
"
1965
.1958
Pittsburgh Steel 1st mtge 4%s
Pittsburgh & West Virginia Ry—
.1958
1st mtge 4%s series A
1959
1st mtge 4%s series B——
.1960
1st mtge 4'As series C_
Pitts Youngstown & Ashtabula Rylst gen 5s series B
1962
1st gen 5S series C
.1974
1st gen 4%s series D
.1977
Pittston Co 5%s ino debs___.
Potomac Elec Pwr
_
.1964
105% 105%
A-O
4
103
105% 105%
105%
J-D
20
103
*99
M-N
89%
99'A
103%
14
100 %
103%
1
100 »A
103%
3
79'
93
93
99%
100% 101 Mi
100%
J-J
101
A-O
101
92.
92
92
A-O
92
92
92%
7
81%
A-O
92%
92
92%
4
79%.
J-D
108
*107% 111
F-A
J-D
100 %
J-J
100%
105
*__
*99%
105
J-J
*98
M-S
.1968
J-J
.1972
M-N
1st & ref mtge 5s
.2037
J-D
II
.1964
J-J
99%
90
J-J
.2037
106 %
St
ret
mtge 8s
90
105'A
108%
101'A
*102 % 104
_
106%
105
100
106
.1956
4s
101%
109
J-J
99%
105
F-A
.1983
Public Service Elec St Gas 3%s
93
117
J-D
.1977
1st mtge 3%s_. .1966.
Providence Terminal
110%
84 %
*88%
A-O
105 »A
142
*11
145
210
220
216%
100
100
97
100
72%
70%
81
76%
85
77
Quaker Oats 2%s deb.
Map
42%
41%
44%
950
31
11%
72
99
98%
99%
100%
52%
.
M-N
*102%
Jf-S
A-O
J.J
j-j
10%
10%
4l/s
—
98%
4%
R
60'A
11'.
32
96%
63%
—
.
103
'
59
52%
Reading Co 1st St ref 3VbS ser D.,1995
Revere Copper & Brass 3%s—
1960
Rochester Gas & Elec Corp—
Gen mtge 4'As series D
1977
Gen mtge 3%s series H—
1967
Gen mtge 3'As series I
1967
Gen mtge 3'As series J
1969
t A Rut-Canadian 4s stamped,.;-—1949
30
5%
*96 V8
40
tSARutland RR 4%s
12%
9
3
13%
7%
98 TA
3
60%
69
97
105% 105 7A
97
105
107%
.
j-j
F-A
f-a
„•
j-j
►40
20%
*
04%
102
99%
m-s
21%
20
77%
—
94%
51%
40
,,
21%
99%
107
73%
94%
107%
A-O
Norfolk St Western Ry 1st gold 4&.1996
Northern Central gen St ref 5s
1974
A-O
m-s
101%
7
99%
99%
101%
—
127%
—
79%
83% '
127% 127%
*_
110
m-s
—
—
.
86%
12
83%
93%
Saguenay Power 3s series A
4
106%
109%
St Lawr St Adir
126
49
13
127
101
►102
*__
M-S
*107%
M-S
123%
7'A
—
15%
107%
M-S
M-S
102%
104%
104% 104%
2
10
15
13%
30
96%
ii-
10%
11
J-J
97
108 Vs
107 'A
107%
104
106
7'A
13
98%
105
.
1st gold 5s
gold 6s
St L Rocky Mt St P 5s stamped
St Louis-San Francisco Ry Co—
2d
—
J-J
86%
86%
M-N
78%
93%
1
.
—2014
stamped—1941
18
102
M-N
29
7%
95'A
97
.j—
105%
f-A
1974
931,2
101% 101%
101%
M-S
75%
j-j
——i960
98
101% 101%
A-O
A-O
A-O
mtge 3'As series F
A Income 4s
.
60%
1982
12
91%
103
103
2
..
381
1978
mSBm
96%
90%
91%
J-D
,__,__1984
..,—1952
1st- St ref mtge 3s
68%
M-N
,1981
For footnotes see page 31.
Gen
Peoria St Eastern 4s
91
3
*
64%
1943
Gen St ref 4%s series A.
97%
61
24
100
j.jj
Norfolk Southern Ry Co—
AOen mtge 5s conv Inc
96%
J-D
1st
91
65%
1955
Niagara Falls Power 3%s
mtge 4%s series E
deb 3'As
mortgage 3'As,—
1st mortgage 3s_.
j-j
m-S
IN Y Susquehanna & Western RR—
5 A 1st refunding 5s
1937
5A2d gold 4Vis
1937
5 A General gold 5s
1940
i
93 V
1
,,1954
gold 5s
N Y Telephone 2%s ser D
Ref mtge 3 Vis ser E
4
A-O
1st
817A
88
m-N
4s,—June 1992
Ref mtge 3s series F
1
RR—
1st
Conv
64
100
jg.jj
N Y Power St Light 1st mtge 2%s__1975
N Y St Putnam 1st cons gtd 4s
1993
N Y State Elec St Gas 2%s
1977
N Y Steam Corp 1st 3%s
;
1963
:
14
68
99% 100
1973
4s
JATerminal
88
Chester—
1
tAN Y Ont "St West ref
93
9r.%
'107
2043
series A
1st St ref mtge 4s ser A
2007
AGen mtge conv inc 4'As ser A-2022
,
93
90%
—
A-O
1973
St
93
65 Mi
57%
63
61
60
rnmm.
63
J-J
B
"
62%
*ec
M-N
.,2043
4s
'
*6Q
—
1951
2000
Mtge 4s series A
Mtge 4s series B
4%s
F-A
A-O
gold 4s
*81
F-A
,1986
NY St Harlem gold 3 Vis
N
F-A
_____1980
Connecting RR 27/as
N Y Dock
.
93%
1968
3'As debentures
.—1998
Ret &
98'A
93'A
A-O
...
94%
78%
40
■
81-
84%
90%
,
'
98
J-D
..,1981
D
1st St' ref 2%s..-
—
*100% 102
A-O
1954
deposit
General
Gen
series
1st & ref 2%s
103%
99%
——
-
—
series A
4%s series
ISAPhilippine Ry 1st s f 4s
A Certificates of deposit
102
101%
mm'**'
F-A
,1950
98Tb .103%
3
98%
.1965
B—
5s
General
105%
118%
*95
J-J
A-O
15
12
987A
99%
J-D
1960
Cons sinking fund 4%»-,—
General 4'/2s series A
102%
101%
115%
•
j-j
99%
98%
98%
J-D
1965
Philadelphia Electric Co—
'1st & ref 2%s
New York Central RR Co—
Cons
debentures
f
s
1st &
2
—
1
3s
1st St
11
j-j
1
99
98%
J-D
Pennsylvania RR—
99
101% 101%
*102
MS
deposit
A
Pennsylvania Glass Sand 3%s——I960
Pennsylvania Power St Light Co—
1st mtge 3S——
—1975
101
100%
F-A
1974
96%
100%
102
116% 116%
101%
J-J
—1954
A 1st 4 Vis series D
A Certificates of
98
101%
*97
A
Certificates of deposit
A 1st 5s series C__
A Certificates of
deposit
91%
100%
9
97%
*101
A-O
1988
New Orleans Term 1st gtd 4s—
1953
JNew Orleans Texas & Mexico
Ry—
A 1st
84%
89%
103%. 104%
M-N
New Orleans Great Nor 5s A
1983
New Orleans St Northeastern RR—
Ref & Imp 4%s series A
,1952
1952
—
^,1952
108%
106
:
F-D
•
.
Phila Bait & Wash RR Co-
j-d
Naugautuck RR 1st gold 4s
Newark
3s
Gtd 4s series E trust ctfs—
75
M-N
98%
Pennsylvania-Central Airlines—
83%
M-N
N
New
——
General
1955
cons
J-D
98'A
1971
1974
—.,1979
1st & ref 3s series N
—1977
1st & ref 2%s series P———,1981
1st St ref 2%s series Q
,1980
Pacific Tel & Tel 2%$ debs——1985
2%s debentures
————1980
3%s debentures
1987
3'As debentures
1978
3%s debentures
.,1983
Paducaft & III 1st s f gold 4%s—1955
Paterson & Passaic G St E cons 5s_1949
104
57
101
101
Nashville Chattanooga St St Louis—
Gas
100%
1st & ref 3s series M—
99% 102%
60%
54%
M-N
Mountain States Tel St Tel 2%s_„1986
3'As debentures
1978
Consol
J-D
1st St ref 3s series K
1st St ref 3s series L
68%
61%
101%
'103%
1955
Constr M 5s series A
Constr M 4 Vis series B
J-D
1970
—
A3%s conv income debentures., 1960
90
30%
84%
63
F-A
Morreli
fim
84%
85%
A-O
A 1st St
1st St ref 3s series J
Pennsylvania Co—
71%
61
.
106
.I960
1st St ref 3%8 series I
-
_
84
Co—
A
Pacific Gas St Electric Co—
85%
129
1971
1996
M-S
1996
A-O
85
98%
98%
75 3A
85
.5
98'A
100
1997
J-J
82%
82
83%
127
60
May
57,
56%
58%
348
51%
116
1st
108
A2nd mtge -inc 4.'As ser A__,Jan 2022
.
79 %
3
J-J
109%
100%
96
70
80
85
85
1955
105
mtge 4s series A
*70
J-J
■
89%
65%
Volume
Number 4751
168
.
-
THE
-
COMMERCIAL
&• FINANCIAL
CHRONICLE
"
(2031)
32
NEW YORK BOND RECORD
RANGE
Friday
Interest
Last
Period
BONDS
New York Stock
Week's
Sale Price
Exchange
or
Louis-Southwestern
1st
4s
2d
bond
inc
4s
M -N
1989
ctfs
Nov 1989
Bonds
J-J
January 1
High
No.
Low
86 '/a
98
A-O
Paul
1st cons gold 4s_1968
Dept 3%s B
1971
Union
V &
N E
1st gtd
99%
26
1989
M-N
1996
J-J
Jan 2016
J-J
4s
mtge 4s series A
i
A-O
Af-N
1967
A-O
Universal Pictures 3%s debs
1959
MS
1955
F-A
69 %
69
71
66
J-D
61%
94
94
4
97
2%s debs„
1971
t§ASilesian-Amer Corp coll tr 7s—1941
Skelly Oil 2%s debs,
1965
92%
A-O
945/a
94
94%
16
92%
96%
Socony-Vacuum Oil 2Vis
1976
J-D
1963
A-O
1979
J-J
(Jos
Union
South
&
&
Sons
2%s
1966
Oil
Nor
Southern
3s
E)
Ala
Bell
RR
Tel
gtd 5s
Tel
&
2%s
debentures
27/8s
debentures
Southern
1st
Co—
1st mtg
RR
A
3%s
ser
mtge'2%s series E
1st
99%
99% 100%
M-N
94%
93%
Af-N
89%
1986
J-J
J-J
89
»•
J-J
*92
85%
84%
100
85%
10
80
76%
ref mtge
3s series F_——1978
M-S
debentures
conv
90
94%
3
105
1st gold 5s—1949
1956
A-O
110
110
3
108%
Ward
113%
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s
1996
J-J
—1951
J-J
Southwestern Bell Tel 23/4S debs
1985
102%
o
Af-N
23/4S debs___1966
deb 2%s
51%
1
100%
West
F-A
J-J
*95%
M-N
*99% 100%
93%
94 y4
29
92%
■
97
5s
Ltg
mtge
Shore
Texas
&
New
Orleans
1985
D
A-O
1965
imp 27/8s series
Corp 3s deb
Texas
96
gtd—_
stpd
M-N.
1st
&
ref
M
3 Vis
B
1970
*114%
1st
& ref
M
3%s series C
1990
A-O
2000
1st
gold
Pacific-Missouri
5s„
Term
Third
RR
New
of
_1985
97
94%
96%
Orleans
90
90
103%
1960
2%s
*—
125
99
101
1
92%
Union
102
13
88%
121%
98%
102 %
99
3
69%
124
67
85
40'A
42%
283
37%
Ohio Cent ref & impt 33/4S__1960
Trenton Gas & Elec 1st gold 5s
1949
J-D
100%
100% 100%
2
Tri-Continental Corp 2%s debs
MS
*100%
97%
100%
__
98%
—
~7
98%
-
of Mo
Co
debentures
3s
Union
Oil
2Vis
Union
Pacific
2%s
106% 106%
97%
M-N
&
Co
101
101
101
101% 103
101
*98%
F-A
MS
98%
55%
101
106%
'*107% 107%
109
105%
*106% 107
107%
106%
109
60
61 %
14
57%
1952
A-O
100
100
100%
60
97
Jan 2014
May
107 %
22
107 '/« 107%
69%
67'/a
99%
101%
88%
38
80%
94%
100% 101 %
67
99%
101%
97 V'8
8
96%
99%
J-J
101%
M-S
..1971
97 %
J-J
194g
99
99%
J-D
D—
1967
J-J
1958
A-O
1960
_1949
J-J
102%
99
95%
103%
93%
100%
95
*94%
,
102
10155
°94%
J-J
4s„
239
101
*10115
Af-N
1992
mortgage 3s
94%
94'/a
94 %
3
102%
? 102'%
102 %
13
100%
94
103%
111%,
114
101%
113%
Ry—
4s
Public
102
79
£8 %
"
84
84
M-S
Central
103%
101 % 101%
J-J
.——1973
1st
'
101%
M-S
:
B
95
101
1970
S
99%
101%
1951
-
2
20
101%
M-N
2%s__—1951
Mfg
101
101
1950
-—
series
1st
Deferred
a
109%
Included
100
96
J-J
1991
C
1
98
Service
72
1936
J-D
1971
J-J
1976
39%
Af-N
1976
77%
70
75
19%
45%
176
42%
39
-
64
2
•-73
J-J
.„
225
74
73
72%
-
J-J
3%s
40%
30
—
96%
93
*95%
V
103
113% 104 %
104
105
•
99
105%
97%
J-D
1976
series
107%
47%
101
not
the
98%
21
96%
88%
8
87%
not
range,
n
92%
94
94
included in the year's range, d Ex-interest.
6 Odd-lot sale not
Under-the-rule sale not included in the year's range, r Cash sale
y Ex-coupon.
year's range,
impaired
by
maturity.
.
tCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 of
Bankruptcy Act, or securities assumed by such companies.
102%
98
year's
the
SNegotiability
103%
101
88%
delivery sale
in the
included in
101%
96%
RR—
2%s
mtge
106%
1967
—_
debentures—
Ref
M-N
A-O
1968
.
deb—
3s
debentures
1971
1975
103
53
100
101%
95
1970
—_
Calif
of
3%s
2%s
trust
2
-
eo
4%s
estate
&
mtge 3%s
Wisconsin
»
Electric
mtge & coll
104% 104%
104%
Af-S
Yonkers Elec Lt.& Power 2%S:
1st
97%
59
ACertificates of deposit—
Electric Power 2%s
U
Union
99%
85
34
Wisconsin
64%
1961
94%
~6
63%
A Certificates
of deposit
§ASu & Du div & term 1st 4s
102%
67
'
100
90%
98%
90
J-D
1960
§ A 1st general
102
42%
mm?*,
85
90%
60%
1st mtge 4s
debentures
tWisconsin
127%
94%
10
69%
MS
11
60%
5s
Winston-Salem
100%
A-O
&
83%
75%
97%
J-J
Wheeling Steel 3Vis series C
1st
Jan 1960
Tol
74
81%
80
M-S
4 Vis inc A
Wilson
J-J
AAdj
80 %
*96%
,
106
90
J-D
3%S— 1974
Ry 1st ref 4s
income 5s—
100%
Telegraph Co—
Pacific—
Ave
92%
1966
Gen & ref M 2%s series A—
101
53
94%
99
6
——2361
Funding & real
25-year gold 5s
116%
11
—
J-J
93%
109
2361
guaranteed
Western Pacific
100 %
114%
103% 103%
J-D
Pacific
&
Gen & ref M 3%s series E
Texas
101%
95
95%
J-D
—1967
3%s series I
4s
Western
96%
98%
100%
„
96%
103%
A-O
Texas
1950
3Vis
1st
Western Maryland
100
95%
RR—
series
A—1970
ser
2.65s conv debentures
&
3a
94%
*75
Apr
Af-N
Wheeling & Lake Erie RR 4S
J-J
Apr
M-N
Registered
102%
J-J
2019
*
Apr
debentures 3%s_1976
West Penn Power
Terminal RR Assn of St Louis—
imp M 4s series C
100
12
*98
,
Ref
M-N
G & W 2%s debs_1966
conv
Westinghouse El
&
90%
"l
96
*51
30-year
Ref
103
103
103
—
F-A
105%
101% 101%
94%
112%
57%
1972
debentures
102%
46%
1966
_
_.
403
107
•
107
95 Vs?
103
F-A
Gen
97%
2
1973
debs
99%
101%
26
'
93'A
A-O
1995
94%
Baking Co—
Westchester
104%
93%
51%
1971
Sunray Oil Corp 2%s debs
105%
9
*99% 101
J-J
A-O
109
102%
5
102%
105
97
107
Washington Terminal 2%s
98
19
93%
97
105%
*101%
5%s
debs
(subordinated).
1970
Warren RR 1st ref gtd gold 3%s__2000
120
91%
103%
93%
Apr
Standard Oil of
111%
58
102% 102%
Af-N
ASpokane Internet 1st gold 4Vis__2013
•21
95%
-106 Vi
-
A-O
1983
,
95%
79
105
96%
MS
2003
1958
(Hiram)
Walworth Co
110
111% 111%
82
104
97
A-O
1963
5s
cons
Walker
84%
93
106
6Vis series A
2%s
&
Gen mtge 4s inc series A
Jan 1981
Gen mtge inc 4%s series B—Jan 1991
1st mtge 3%s series B
1971
89%
78
106
J)
Jlf-S
1st gtd 5s
95%
A-O
Calif
1975
Coke
102
A-O
95%
97'A
Wabash RR Co—
J-J
111%
95
93%
W
99
101'%
99
90%
•*105
104
1956
gen
2%s
92%
87%
1994
6s
Co
64
128
1956
5s_.
4s series
gen
debentures
2%s series E
Virginian Ry 3s series B
96%
92%
*„
High
96
84%
94%
89%
J-D
Low
94%
3
99%
A
gen
&
&
102%
78%
*
Af-N
ref mtge
Va Iron Coal &
91%
3
.—1957
Va & Southwest
series A
&
(N
96
95%
80
1961
Devel
Standard Oil
23
97
78%
1996
*
Devel
Swift
92%
*95%
—
—
f 4s series B
s
1st
124
98%
MS
A_1975
mtge 2%s series F
1st mtge 2 Vis series G
Southern Ry 1st cons gold
3 Vis
92%
„
J-J
J-J
99
4s series A
g
&
3 %s
Co—
1st
&
91%
cons
1st
1st
1977
4Vis
Devel
*98'A
91%
16
Virginia Electric & Power Co—
101%
122
»
1981
Gold
Pacific
Cons
56%
97%
5
11
1969
(Oregon Lines)
4Vis
San Fr Term
102%
28%
98%
93 Vi
98
,
.
4Vis
Gold
Southern
33%
98%
93
93
F-A
1987
1994
Ry 2%s
Pacific
J-J
1985
.
Indiana
*31
98%
Co—
debentures
Southern
F-A
97 Vi
91 %
Range Since
January 1
V
74%
94
Seagram
debentures
98
127%
14
Shell
debs
Sold
No.
102%
100
mtge 4%s series A
Rubber 2%s
Bonds
High
*80
Vandalia RR
103
127
Friday's
»
S
2%s
100
A Gen
or
Bid A Asked
1976
U
100
*127
100
Sale Price
—1966
93
89%
Last
Period
Low
109
80%
3
II
*100%
Week's Range
Interest
BONDS
New York Stock Exchange
High
98%
Seaboard Air Line RR Co—
1st
12
United Biscuit 23%s debs_
1
J-D
St
86 Va
98
NOVEMBER
Range Since
Sold
ioi y. ioi %
J-J
1990
gold 5s series A
St Paul & Duluth
Scioto
ENDED
Ry—
certificates
bond
Gen & ref
WEEK
Friday
Friday's
Bid A Asked
Low
St
FOR
Range
♦Friday's bid and asked prices;
94
ABonds
no
sales being transacted during current week.
selling flat.
.,
'
.
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
in
and
the
deferred
week
in
AND
YEARLY
RECORD
delivery sales are disregarded In the week's range unless they are the only transactions of the
week, and when selling outside the regular weekly range are shown
they occur. No account is taken of such sales in computing the range for the
which
year.
In the following extensive list we furnish a
complete record of the transactions on the New York Curb
Nov. 6, and ending the current
Friday, Nov. 12. It is compiled from daily reports of the Curb Exchange
whether stock or bond, in which any
dealings have occurred, during the current year.
RANGE
Friday
STOCKS—
New York Curb
Sale Price
Par
AGF-Brill
Acme
Motors
Aluminum
Acme
Wire
A'dam
Hat
Co
warrants
Inc.
Supply Mfg
Agnew Surpass Shoe
Ainsworth
Air
Mfg
Associates
Air
Investors
Convertible
Air-Way
common
Great
Power
Fisher
10
4.20 7o
Investing
(Mich)
Aluminum
$3.75
Aluminum
Co
of
Goods
American
American
American
Class
Bantam
♦
Car
Beverage
Book
B
*
Co
1,400
2%
Nov
Jan
500
4% Mar
7%
Apr
American
Hard
1%
1%
700
1%
Nov
3'/a Mar
American
Laundry
6%
Aug
9%
10 Va
1,100
9%
Nov
14%
6%
6%
6% Mar
9%
.
„
9%
__
__
6%-
&
Hoe
&
Electric
700
99%
3%
Oct
6% Aug
Jun
common
com
preferred
For footnotes see page 35.
;
*
—10
100
$2
convertible
Light
preferred
Mfg Co
American
3% May
American
Maracaibo
American
Metal
10
'
1,000
38
79
Feb
105
Oct
American
Jan
94
Sep
American
5%
2%
Jan
Nov
4% May
Class
Meter
Potash
4%
100
4%
May
American
Apr
4
Oct
American
Seal-Kap
1,100
15%
Nov
22%
Apr
Amer
12%
Nov
22
Jan
50
50%
54
92%
93%
__
__
__
__
25 %
7%
47
1%
1%
74
25%
Feb
69
Jun
350
89% Aug
98
May
400
22
7,300
8
200
x50
3,700
1%
2,100
1%
1,300
75
30
7%
36
—
17
37%
_
6%
16%
37 Va
109
6%
17
38%
ill
1,200
750
31
50
Nov
3% May
40
Jan
31%
35
35
Nov
43 Va
Jan
16%
500
15%
Nov
21"%
Jun
.20
27
26'A
27
400
26% Nov
32%
Jan
.25
19%
15%
Feb
22
Oct
18%
20%
32 %
33
200
30% July
33
Nov
14%
15
500
14%
18
Jun
6,600
Nov
com—Jl
—
3%
4%
16,800
3
Feb
7
Jun
11%
11%
300
11%
Nov
13
Oct
—
common
Superpower Corp common——10c
series preferred
*
American Thread
■
5
5%
preferred
Jan
Mar
25%
25
25%
Nov
36
Jan
24%
26%
2,400
24%
Nov
36%
Jan
22%
3%
%
59%
10
—2
American Writing Paper common
51
38
25%
25
21%
23%
6,300
18% Mar
3%
3%
400
—
class A——*
—
%
U
3%
32,000
59%
65
1,750
4%
5
1.800
4%
5
"
Oct
% Mar
5 %
1,100
5
42'A
27 % May
5%
Jun
1% May
72
Oct
Apr'"
5
Jan
Nov
9
Jan
Jan
Feb
Mar
26
Oct
Nov
13
Jan
Anchor Post Products
J
6%
5%
6%
600
5%
Nov
8%
Mar
56
Jun
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
1
8
8
8%
900
5%
Feb
8%
Sep
15%
2%
10
10%
100% 101 %
4
4%
1,475
13%
Sep
19%
Jun
1%
Aug
1%
Nov
74
125
Feb
15 V8
*
Chem
Republics
3%
16%
92%
1,500
31
*
4%
$6
new
Co
&
15%
52
High
Low
1%
2%
35
4%
B
4%
,
Range Since January 1
High
16%
Co
Products
16%
:
Shares
35
25
common
for Week
Jun
8% May
7
.„1
.25
Apr
Apr
Feb
2 %
25
Co
Mach—
& Trac common.
American
6 ('/o
Rubber
Rangeof Prices
Low
.10c
1
preferred
convertible
$2.50
87
6%
99%
Oct
36
Nov
2%
2%
90
Aug
Jan
Jan
Light—
1
American
2%
36
__
3%
__
„
1%
_100
&
100
•*
—
—
48%
1
common
Co
Power
Corp common..
preferred
5%
1
class A
—
Gas
3Va
Par
American General
Sales
Week's
Last
Sale Price
Exchange
High
3% May
5% Mar
5
*
;;
American Fork
4%%
100
common
common
Cities
*
common
Mfg
Industries
Ltd
Sep
1
5
preferred
Aluminum
1%
•
America
Aluminum
American
Corp
common
common
cumulative
600
New York Curb
2%
__
1
common
Internat
Products
tow
1 %
—100
1
Allied
Bros
50
pfd
Inc_
Allied
Altofer
3
Friday
STOCKS—
Range Since January 1
High
%
2
:
Appliance
Southern
Airlines
&
*
—1
12
5%
5
J)
preferred
Alabama
Alles
Stores
(N
Electric
Alabama
Alaska
1
NOVEMBER
3
1
common
Inc
1
Shares
10
;
common
Aero
ENDED
for Week
31%
1
WEEK
*
Sales
Range
of Prices
Low
„
Alloys
Stores
Week's
Last
Exchange
FOR
Exchange for the week beginning on Saturday,
itself, and is intended to include every security,
5% Mar
16% Mar
7,700
31
Feb
100
107
Sep
7%
Jun
19% May
41%
Nov
113% May
Amer
dep rets ord reg
Angostura-Wupperman
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd
Argus
Inc
Arkansas Natural Gas common
Common class A non-voting
6%
preferred
£1
1
1
100
1
•
*
10
14%
—
10
101%
4
5%
5%
—
14%
2%
5%
5%
10%
2%
Oct
1,200
8%
Feb
170
98 V*
Jan
3,300
3%
Nov
500
6
1,600
6
19,800
10%
,100
4
12%
Jan
Apr
108% May
6% May
8% May
4%
Feb
4%
Feb
8% May
10% May
10% Jan
COMMERCIAL
THE
(2032)
YORK
NEW
RANGE
Friday
STOCKS—
New Yerk
Curb
Atlas
Automatic Steel
9
16ft
18
16 ft
—1
Commonwealth & Southern warrants—
Community Public Service
28
Compo Shoe Machinery—
Vtc ext to 1956
1
Consol G E L P Bait common
•
4ft % series B preferred
100
4 % preferred series C
100
Consolidated Gas Utilities
1
Consol Liquidating Corp
•
Consolidated Mining Si Smelt Ltd
8
Consolidated Royalty Oil
10
3%
Jun
%
%
17 ft
•
200
3/4
83/4
Jan
Feb
lft
Jan
17 ft
25
3ft
3%
800
X54 ft
57 ft
125
4
4%
22
233ft
18,300
3,200
21%
Nov
4%
200
4ft
Oct
63/4
Feb
-3 ft
1
60
"4ft
23
1
6ft
Feb
20
Nov
2% Mar
4%
Apr
Mar
64ft
Jun
52
33/4
Feb
7ft May
32
May
Inc
1
Automatic Voting Machine—
Avery (B F) & Sons common
•
~7 ft
7ft
7'/a
1,100
S
10 ft
10 ft
113/4
1,100
25
25
25
24%
Feb
26
18
18
100
15 ft
Feb
27
Jun
preferred
4ft
26
1
com
63/4
Apr
9^2
10 ft Mar
Apr
16% July
Baldwin
7 ft
— ■■
57
•—
59%
57
45
2,400
80
*
Feb
66%
Sep
34
Jan
66%
Sep
Co
common
1
1
lft
—
14
Jan
11
Jan
8ft Nov
400
Banco de los Andes—
American
10ft
:—
Barium
Steel
Corp
1
l3/4
17,800
1(5%
5"%
1
16%
150
1,200
Jan
4ft Mar
$1
Basic Refractories Inc
"5%
53/4
6ft
1
10%
10 3/4
75
1
5ft
5ft
100
—1
Bau*nann (L) Si Co 'common..,
Beau-Brummel Ties common
.
Beck
(AS)
Shoe
Bellanca
of
Corp
Aircraft
Bell
Tel
—
Hedges common—
Convertible preferred
300
12 ft
Oct
1%
1,100
1%
Jan
35 ft
35 ft
1
m-m
Si Co
Breeze
Nov
10%
Jan
19
Jan
28ft
35
10
31
Apr
35
Sep
Sep
15
250
18
Jan
1,800
13ft Sep
6% Nov
325
6ft Mar
6 ft
23/4
24
24
Nov
70
70
70
Oct
100
22
ft Aug
Sep
25
ft
83ft
100
16 ft
1,400
5%
5ft
6ft
6ft
1,700
8
Nov
Oil
Co
11
13 ft Mar
5ft
Nov
Amer
dep rets ord bearer
Amer dep rets ord
reg
British Oelanese Ltd—
Amer dep rets ord
reg
British Columbia Power class
A
13 ft
400
93/4
Jan
14 ft
16 ft
16 ft
300
14 ft
Apr
18
19 ft
Class B
pfd
15 ft Mar
83/4
I3/*
"5 ft
"2 ft
200
10 3/8
lift
2,300
200
5
5
5ft
8%
9ft
July
debenture
8%
lift Aug
Feb
49
Aug
1,850
72ft
Feb
112ft
Nov
2,300
500
1,700
"2
ft
500
12
2% Mar
l3/a
lift
2,100
5ft July
2%
Oct
Feb
15%
Mar
8%
2%
Feb
3,500
800
3%
4ft
2,700
3ft
Jan
13%
14%
1,300
13 ft
Jan
6%
7.400
5%
x8ft
4ft
Oct
Jan
17% May
% Mav
% May
i7ff
.
Jan
Jan
40
lft Nov
8%
"K
47
49
43 ft
40
43
300
46
Nov
11%
Apr
6
May
15 ft May
9%
Feb
Jun
7,300
lft
6,900
8ft
9
6
2ft
600
4,100
2%
14%
2ft
1,200
6ft
6ft
14%.
5ft
2,500
250
56 ft May
Mar
Oct
37 ft
4%
Feb
53 ft
Jun
Feb
3
ft
1
1
1%
Jun
10%
Jun
1
6ft
Feb
51/2 Mar
5ft
30
30
16ft
17
17%
100
4,700
26
16%
7 ft
3
35
Apr
100
Apr
Jun
20% May
163/# Mar
104ft
Jan
lift May
63/4
.5
5
100
Sep
4ft Mar
14
14
50
13% Mar
17%
35.-
35
34
•
Sep
3% May
Sep
1003/4 Mar
7 ft
Jun
9
13 ft Mar
2ft
Jan
9% May
Feb
1% Mar
Jan
8
Oct.
uuiuii
Detroit Gray Iron Foundry
Detroit Steel Products
2%
lift
21ft
20%
23
"ft
"ft
Jan
Sep
Diana Stores
2 3/4
12
May
Jun
2
5%
Amer
Oct
dep rets
f Mar
24%
Jun
Dominion Tar
Mar
17%
Jun
Dominion Textile Co Ltd
ft Oct
1% Oct
26o
35%
Aug
7ft
100
5% Mar
10%
1,200
9ft Aug
135
40
16 ft
10 ft
9%
1,700
300
3%
3,400
22 3/4
22%
1,100
>
130
ay4 July'
12%
Nov
15ft
140
Nov
Oct
11%
Mar
9
2ft May
18ft
Sep
Apr
19
Jan
4ft
Oct
28%
Jun.
14
Feb
11% Aug
Jun
6%
6%
7%
Sep
15
73/4
7ft
8ft
800
73/8
Oct
12ft
1
23/8
f.ft
2ft
6,100
2ft
Nov
3%
4,400
53/s
10% July
/'
25
Draper
lft May
3% Jan
Jun
7%
Feb
Duke
700
Power
29
lift
,1G% May
Feb
Feb
11% May-
Mar
ft
65
III
Co
Jun
Jun
21% Mar
"9
common-
Corp
Driver Harris Co
Sep
25
14
May
Jan
•
Chem Co Ltd
&
25
13 ft
Dominion Steel k Coal class B-— —21
12 ft May
13ft
113/4
£1
ord reg
16
2,200
Oct
7ft
3
3 ft
*
»0e
Domestic Credit Corp class A
Dominion Bridge Co Ltd
13
1%
Nov
loft
-
9%
Dobeckmun Co common—
32
10% Mar
19,200
Aur
3%
1
Feb
Sep
4,400
%
6ft
Sep
130
1
Corp common
1,000
1
Nov
2%
Distillers Co Ltd—
Nov
V
5%
Jun
27% May
5% July
Sep
4%
37 ft
600
700
30
10
Devoe Si Raynolds class B
Feb
Jan
6ft
3ft
10%
.
10%
MttuuittCiuring—
c*
23ft
Jan
4ft Nov
lift
uaott-e 1
25
5%
3
8
Feb
Sep
35
100
—
Jan
1% Apr
•
12fto
Jan
47
85
60c
8
com—
12%
22
2.50
8ft
293/8
1%
11
10c
13ft
10
1,200
•
Jun
107
1,900
13
x8 ft
1
common
Dayton Rubber Co class A
Dejay Stores common
Dennlson Mfg class A common
Jun
July
22 ft
Inc
Mines Inc
Day
Oct
lft
2,000
8%
1
z
Davidson-Brothers
Aug
Oct
20
103/4
Jan
70
114 ft May
Sep
Sep
1,800
3ft
lft
6ft
Jun
41%
12
4
2.BO
Mills
8ft
50
1.2.50
Buckeye Pipe Line
Bunker Hill St Sullivan—
Burd Piston
Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp
Butler (P H) common
100
•
10
Brown Rubber Co common
Bruce (E L) Co common
Bruck Mills Ltd class B
ft
1%
1
Nov
8%
10
3ft
1
Oct
30
Feb
60 ft
Oct
D
Hosiery
8ft
83/4
10s
98J/4
102 ft 107'ft
2,80
—B
(Mo)
Derby Oil Co new
•
Brown Forman Distillers
4% cum Junior
19
£1
£1
6%
97
•
common
Mfg Co
Davenport
lift Mar
23 '/a
13 ft
British American Tobacco—
25 ft Mar
107
133/4
Jan
19 ft May
Feb
22
•
Tobacco
Curtis
10% May
Jun
•
British-American
400
1,200
TV
80ft Aug
30
May
3ft
•
A May
39
50
8
•
Jau
10
lift
-10
B
100
Curtis Lighting Inc common
900
•
Class A_
ft
70
X8ft
-25c
*
Drug Co common
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar common
5 ft
preferred
Cuban
500
15%
1
5ft May
1,500
"lft
Co
4% May
7
23
8%
Nov
receipts
dep
Brewing
9ft May
Aug
27
15%
•
3%
3u
1
Crown
14 ft
Feb
70
•
Bridgeport Gas Light Co
Bridgeport Oil Co_
Brlllo Mfg Co common
8,100
24
28
common
12
3ft
'
Corp
1,400
7ft
3
100
Brazilian Traction Light Si Power
7%
20
lift
3
•
5ft%
cum pfd
Borne, 8crymser Co
Bourjols Inc
Oct
27
6%
•
common
39
35
■
7ft
1
Co common
Nov
143/4
•
2
(HC)
prior
8ft
7%
35 ft
400
1,300
62
3ft
(ord reg)—£1
B
».
1
Crosley Motors Inc
*
Crowley Mllner Si Co
1
Crown Cent Petrol (Md)
S
Crown Cork Internat'l "A" partic
•
Apr
27
*—•
Blue Ridge Corp common—;
36
33/8
Feb
7ft
9%
104%
Petroleum
Croft
Jan
12 ft
1%
Feb
29ft
28%
41
1
Creole
May
17
12 ft
Blckford's Inc common
1
Birdsboro Steel Fdry & Mach Co com.*
Blauner's common
Blumenthal (S)
7
1%
3%
1,200
4ft
60 ft
"9%
50
American
7% May
15 ft May
12 ft
25
St
Bohack
Jan
Nov
1
common
Benrus Watch Co Inc
Benson
5ft
5
Oct
34,800
107 J/4 108
lft
common
Cosden Petroleum
10 ft Mar
1
common.
Canada
18
Feb
15
Feb
7'ft
5 ft
35 "ft
Courtaulds Ltd—
5%
#
7ft
3%
123/4
convertible preferred
Jun
Aug
7%
Barlow
Si Seelig Mfg—
$1.20 convertible A common
Nov
98V4
•
class A
preferred
4%
4 J/4
61
•
Inc
Corroon Si Reynolds common
shares
9 ft May
1,600
33
108
1
*
5c
Copper Range Co
Cornucopia Gold Mines
Coro
Nov
5
*
Co common
Brewing
Cooper
5ft
7ft
1
Co
High
3,100
28 ft
1
Car-Na-Var Corp
Continental Fdy St Machine
LOW
6 "A
16,300
Inc
Hotel
Commodore
Cook Paint Si Varnish Co
Locomotive—
preferred
Baldwin Rubber
*4%
Colorado Fuel Si Iron warrants
Continental
B
Babcock & Wilcox Co
Stone Co—
1
July
18
6%
"33 J/2
Colonial Sand Si
Aug
6
•
Co
Ayrshire Collieries Corp
SB
Jun
23
Feb
12%
8,500
Colonial
Bangs Since January 1
High
4%
1
—1
Airlines
Aug
115 ft
Shares
5 'ft
5 ft
14
Nov
1,300
£1
America
Products
9ft
9
Feb
Low
Par
High
for Week
Range
of Prices
Priee
Colt's Manufacturing Co
Corp warrants
Plywood Corp
Atlas
9
1
Associated Tel & Tel class A
Atlantic Coast Fisheries
Atlantic Coast Line
Low
High
112
2.60
Last
Exchange
Curb
Sales
Week'a
Friday
Yerk
Rev
Range Sine* January 1
•
Associated Electric Industries—
American dep rets reg
Associated Laundries of
Low
EXCHANGE
CKpED NOVEMBER \ %
STOCKS—
Shares
at prteM
Par
Arkansas Power & Light $7 pfd
Aro Equipment Corp
Ashland Oil k Refining Co
Monday, November 15, 1948
CHRONICLE
for Week
Bang*
Bate Prfaa
CURB
WEEK
FOR
FINANCIAL
Sales
Week's
Last
Exchaaga
&
79 ft May'
35 ft
73 ft
150
40
72 ft
Nov
83
May
Oct
8
Jan
11 »/4 July
72 ft
;
Nov
14
Jan
,
Jun
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
-_fl
•
Durham Hosiery class B common..
Cable Electric Products
common
Cables k Wireless—<
American dep rets
5%
Calamba Sugar Estate.
Calif Cotton Mills Co
California Electric
pfd
Canada
Bread
Co
4ft
3%
4ft
900
3%
5
——
—
Ltd
B
2ft
19 ft
2
Nov
125
18
Jan
preferred
33/8
12%
—
\ 1ft preferred
Canadian Marconi.
10%
common
Carolina Power &
Light $5 pfd
Carr-Consolidated Biscuit Co
Carter (J W) Co common
Casco Products common
(A M) & Co.
Catalin Corp of America
Central Maine Power Co—
3.50 fo preferred—
Central Ohio Steel Products
"l%
40
43
preferred.
1
8ft
common
Chamberlin Co of America
Charts Corp common
common.
common
Chicago Rivet & Mach
Chicago A Southern Air Lines
Voting trust ctfs
8ft
3ft
3ft
1
£1
10
1
'
„
35
35
4%
36
*
100
73 ft
73 ft
30
73 ft
Oct
1
15%
16 ft
500
15%
Nov
85
85
19ft May
100
823/4
Apr
90
10 ft
10%
103/4
8
62
24,700
9
225
~6
_9 ft
175,
"4
"4 ft
2,600
10
1
2.50
4
7%
5
Sep
July
21% May
14 ft May
5ft Anr
3ft
Feb
Jun
Jun
May
1,100
650
14%. Nov
25ft
Jan
70
Jan
7ft
Feb
July
55
57
225
54
16%
16
163/4
325
15% Aug
5ft Jan
6
~5%
6
5%
6ft
100
1,100
67,400
133/8
2,100
15 ft
5ft
153/4
250
3
2%
3ft
2,200
1
2
1%
2ft
12,300
4
8'/8
373/4
8ft
200
35ft
383/4
1,100
Apr
Jan
% Feb
31% Feb
lift Mar
9ft
15%
»—1
21
8 ft-
47%
page 35.
21%
86ft
Sep
16%
13
20
Sep
Feb
7%
42%
1
Oct'
54
55%
•
•
-
10 ft
8
4
11%
Jun
143/4
,
10
10
5ft
Feb
July
10
60
13 ft
see
65 ft Mar
83
49
58
2%
900
14
1%
lft
Jan
7% May
73/4 May
1%
Jun
663/4
Jun
Feb
Feb
19
4ft
preferred
4%
4%
5ft
.
4,300
series
2%
2%
A
67
preferred series B
Sugar Associates—
67
72
225
Nov
May
Jan
4ft May
2ft Mar
Feb
57
88
81ft May :
57
57
GO ft
525
533/4
Feb
1
12 ft
12ft
12%
900
10 ft
July
pfd shares of beneficial int
1
57 3/4
56 ft
57%
900
50
Washing Machine class B
*
12%
12 ft
13 ft
1,900
May
shares
beneficial lnt
of
'
k
Share
common
i
8
11
113/8
133
2d pfd A—*
12ft.
133
1
1
Inc
52,00J
133
80
6
1,700
5%
warrants
10 ft
1,300
3%
~3%
lift
3%
2,100
14
Aug
4
8%
9ft
63 ft
Feb
14% May ».
Feb
,
16%
Oct l
Jun (
Feb
126
3ft
10
150 ft
Oct
Feb
7
July
Sep
2ft Mar
Jan
Feb
10%
51
7ft
Jan
July
Jan
Feb
15
July
3%
Feb
8
July
>
.
14% May j
3%
Jun
100
B
10c
Derrick
$3
&
Equipmeht
common
convertible
prelerred
1
soft
87
11
__
1%
1 ft
1
5
1
lft
1
A
Ltd
Eureka Pipe Line common
Corp
10
92
Jan
98
•
Feb
lft
Feb
8%
Jan
Feb
6%
11
153's
Oct
Feb
2% July
%
14,800
200
35
Nov
5ft
1/ff
7
iff
1,100
5
Nov
8% May
12,200
1
Apr
3%
45 ft
Jun
Jan
23
25
20 ft
Sep
30 ft May
18
23
J-.-*
300
36
5
Eureka
300
1
35
—1
Esquire Inc
30
6%
11%
6%
-
4
Falrchlld Camera
k Instrument
Fairchlld Engine St Airplane
Fa>steel Metallurgical
Fire
Association
(Phila)
First York Corp common
div
$2
cum
Flshman
(M H)
to $1
5c
Ford
preferred
1
16 ft
3%
10
3%
-
9%
2,200
9ft
57
~2ft
53
2ft
29
31/2
Jan
91/2
Sep
5% May
15ft Apr
110
32
46
Jan
5,000
2
Jan
100
2%
30
30
Jan
7,800
9,400
4ft
11
30
Nov
6l ft
July
Oct
3% May
38 ft
Apr
18
Apr
Co—
Stores—
1
Xl4ft Xl4ft
50
14ft Mar
500
33/4 Aug
Motor Co Ltd—
Amer
Ford
dep rets ord reg
Motor
£1
Ford Motor
of
Pitt
4ft ft
3%
5ft May
conv
21
500
16%
Jan
23 ft
Oct
24
24
25
18 ft
Jan
35
Aug
34
Nov
2
Jan
common
preferred
Co
%
%
1.28
Brewing
(Geo A)
20 ft
21
2,500
10ft
200
7%
Feb
103i
900
luv2
Sep
19
Jan
8%
300
6%
Sep
9
Nov
25
8 3/8
10
10
8ft
10
1
50
B
U
■
10
1
Co
Franklin Simen k Co Inc
Fuller
•
—•
bearer—
Brewing
(Peter)
3%
France—
Amer dep rets
Fort
3%
of Canada—
Class A non-voting
Class B voting
:
Fox
1
1
•
10
lOo
Mar
39
-Hm
8
83
8
Nov
12ft
Jan
8
1,200
Sep
Jun
7ft Mar
1
Feb
Jun
Feb
73/4
—
—28
Jun
Feb
24
•
18
Jan
14 J/4 May
11
Apr
6
•
8% Jan
13
—
States Corp
Mar
Jan
6
68 ft
100
100
8%
84
7
May
88ft July
Feb
76
Equity Corp
38 ft May
8ft
3ft
100
675
Emsco
Jan
Jan
3,600
80 ft
751/4
Empire District Electric 5 ft pfd
Empire Millwork Corp
Sep
ft Nov
4%
Jun
"
Jan
4
433/4
For footnotes
%
31
5
Aluminum Products Co_
Cockshutt Plow Co common
Colon Development ordinary
1
7ft
4ft
80
Electromaster
Sep
7ft
Sep
150
10
Club
Sep
10
4ft
72
Electrographic Corp common
Jan
Sep
•
common—
16ft
80
Option
Jun
6%
3,500
10
Clayton & Lambert Mfg
Clinchfield Coal Corp common
110ft
5ft
City Auto Stamping
City Si Suburban Homes
Co
Jan
4ft
6,800
Co
Jan
Nov
Assn
Electric Power Si Light $7
Jan
53
4%
1,200
1 3/8
Mfg
6
Nov
4% Aug
200
4ft
1 %
Controller
Oct
Fuel
Electric Bond
Apr
1%
'
4%
4ft
■
lft
Clark
10
10
4%
„
*
Sep
74
$5
Jun
Sep
3
2,900
__
2s fid
1
3ft
12%
100
Com
July
108ft
3
200
Eastern
23/4 July
3
tm-m
1
145
57
45 ft
1
Claude Neon Inc common
Jun
Feb
•
•
13
5ft May
lot
$6
17ft Aug
Mar
k
prior preferred
preferred
$7
12% May
12% Oct
8%
1,300
Chief Consolidated
Mining
Cities Service common
Clarostat
Feb
35
200
3
——
100
pfd opt div ser
pfd opt div ser 1929—
Century Electric Co common
ConV
May
Feb
Gas
ft
Eastern
Aug
18
lft
350
13
Eastern Malleable Iron
Oct
25
8
4,100
Nov
6
Feb
Apr
9
100
"l%
40
Central Power & Light
4% pfd
100
Central Si South West
Corp
5
ICentral States Elec 6%
preferred—100
Conv
3%
20
May
1393/4
"l%
.
Castle
Chesebrough Mfg
103/4
•
Ltd—
dep rets A ord
dep rets B ord
Feb
xi4ft Mar
-•>
500
3'/2
4% ft
Apr
Easy
2.50
Cherry-Burrell
103/4
—
1
Carman Si Co
Cessna Aircraft Co
■
10 3/4
100
Capital City Products
Carey Baxter Si Kennedy Inc
7 ft
--
..
•
Feb
East
4% May
20
16ft
•
•
Canadian Industries Ltd—
Amer
8ft May
22 ft
"
300
Aug
2,000
.
4
Jun
8ft
23/a
— —
Class A voting
Class B non-voting
Amer
8%
Nov
19 ft
V
Canadian Industrial Alcohol—
Carreras
Feb
4
Jan
•
Canada Cement Co Ltd
common——•
flft ft preference
20
Canadian Canners Ltd common
*
Carnation Co
2ft
6 3/4 Mar
——
Convertible
Oct
2,300
2
——
Apr
7%
6%
1
11%
6%
7%
— —
1
Feb
lft
£1
1
Power
Callite Tungsten
Corp
Camden Fire Insurance
BOo
6ft
1-1
Duro Test Corp common
Duval Texas Sulphur
Garrett Corp
common
Gatineau Power Co
5 ft
common
preferred
Gellman Mfg Co common
General Alloys Co
2
103/4
10ft
lift
2.100
•
'14%
13%
143.t
-500
,.100
o
Feb
15St
13%
Nov
17ft July
84
Feb
.T'tlv
85%
50
1
6%
7ft
2,100
6% Nov
---*
1%
134
600
1% Mar
85%.
10%
Jun
Apr
May
J
Volume 168
Number 4751
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
STOCKS—
New
York
Carb
Week's
Last
Exchange-
9%
conv
Supply Corp
Range
•5
preferred
Class
Laclede-Ohristy
Jan
40
40
9634
Nov
it*
Feb
3%
8,100
2%
NOV
x9
Mar
Feb
100
Apr
117
Jan
95
~3%' "4
1,100
100%
Apr
110%
Feb
5%
Sep
Jan
23%
Jun
Line
Feb
12
Jan
29
Apr
35
Jun
21%
Feb
35%
Oct
21%
30
1,100
22%
21
23
6,800
11.
10%
12
1,300
10%
12%
Nov
12%
13 Va
25% Aug
21% Jan
300
12%
Aug
15%
18%
Jan
300
2%
Nov
.10
common
63
pfd ...23
11%
%
11
—1
stock
113
Great Northern Paper
Products
common.
Gulf States Utilities
$4.40 pfd
Gypsum Lime ft Alabastlne..
Mar
900
11
Nov
7%
8VB
10O
36%
7
Mar
525
91
Feb
120
;
Harvard
133
Apr
140
Nov
44%
200
8
May
9%
98%
40
97
Nov
"IIIIIIII
Brewing Co
°* America B
non-vot
-.Hathaway Bakeries
105
Haseltine Corp
Hearn Dept Stores
•
Henry Holt
Hoe (R)
A Hardart
•
O M
<
1
HuyleFs
6%
10%
Nov
700
8
10
-Feb
250
8%
200
9%
"
91
1,600
9%
3%
28%
29,
5,600
43
43
30
•
Jan
11 Va
Nov
24
;
Feb
Nov
19% Aug
4% May
|
148
19% May
Xfi*
w«h
2%
425
4
Jan
24%
Jun
$P
T„n
Nof
Mar
%
4% May
44
H j grade Food
Products
Apr
.11
1
■"<,
Spo
7%
Jan
300
22'%
Nov
42%
Feb
Feb
1%
-5?
24
Oct
11
Aug
25
11%
15 Va Mar
July
15%
30
Jan
1,100
7%
May
Oct
11
Sep
May
Aug
Jun
Jan
2234
20%
26
24%
Feb
26%
Feb
24% May
2134
&3/a
6,100
10
20%
10
Apr
Feb
18
•
3,300
7 Va Mar
10
July
6,000
% Mar
1
Jan
%
u
66%
69*%
200
49
Mar
73
63
61 %
63
300
44
Apr
66
Sep
18%
1734
19%
9,700
15
Feb
23%
Jun
13%
12%
1334
800
110
.10
Public
Service
Mangel Stores
JSn
11?
Apr
12%
Oct
18 Va
Jun
9
Nov
Aug
McKee
Mead
common
(AG)
16% Jun
28
10
21
Apr
28
3834
100
34
May
~9%
2,000
12%
100
334
'1,000
3
"134 "l34
37
35%
4,200
33%
75
8
Scott
Warrants
10
"9%
10
1,000
9%
1534
16%
1,700
15%
Sep
2
134
2%
3,900
5%
5%
100
4 Va
5
4Va
30% Aug
12% Mar
July
Feb
16
.
——IPS
25%
Jan
1
'
Participating preferred
10% Jun
Feb
111
Feb
3%
Feb
7%
4%
200
3%
Feb
6 V4 May
6%
300
834
834
100
134
2,000
43
.1
2.10
834
•
1%
1
_1»
6 74
7%
734
Midland Oil Corp
3 % May
25
1
1
6Va
25,700
Jan
~7%
8
11%
Jun
10% May
Nov
Nov
634
8,500
11%
8%
7% Mar
500
7
Jun
50
Feb
1
1,400
30%
6 Va
7Va
Jan
5%
1,100
8%
30 V8
1
c
July
Jun
6,000
19
.
Corp
West Corp—
Ex-dlstribution
Jan
3% Mar
6
2§e
common
5%
108
434
1
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common
9% preferred
Micromatic Hone
Jan
July
Apr
44%
Corp—
5% %
A
preferred
Mesabl iron Co
Metal Textile Corp
2
Nov
1
May
42
1 % Mar
22% Mar
37
•
A
Oct
6% May
Nov
1
Menasco Mfg Co
Merritt Chapman
May
20%
Nov
29
B
.
Apr
13
3
0.800
33%
37
13a
35
Co
,
6%
_1
Dredging
Sc
3%
Feb
13% Mar
-10
•
<fc Co class
834
Nov
39% Sep
2% Nov
1
—
common
Johnson
17% Mar
Feb
"*834
9%
e
$2.50 preferred
McWUllams
Sep
12
18%
-10
convertible preferred
McClanahan Oil Co common
Corp
11
_*1
5%
McCord
Feb
600
100
28
*
common
Co
534
100
1234
14 Va
12%
-1
(The B) Co
Mapes Consolidated Mfg Co
Marconi International Marine
Mfg
8
8
12
14%
38%
common
Manischewita
Sep
10
2% May
9% Jan
Apr
Feb
32%
Oct
5%
Feb
8%
Apr
734
Feb
19
,
,
$1
pfd
$2 non-cum dividend shares
11%
•
•
conv
-
—
—
~
15% Nov
13%
10% July
Jan
Midland Steel Products—
Midvale
Co
common
80e
Oil
Co
10
4%%
A
20%
175
21%
4,800
18
18%
150
2%
1
50
3
19%' Feb
25%
Apr
Apr
125
Feb
24
13%
Feb
22% July
900
7%
33
5
18
3,900
8
33
2%
734
33
2
Mar
7
Jan
3034
934
Jun
5
35
5
Mar
104
2,800
100
May
Apr
»% May
Jan
Mar
96
8%
•
Light 5% pfd
28
3% Aug
50c
Mining Corp of Canada
Minnesota Power
1934
xl93i
1934
•
convertible preferred..
Oct
23
_•
Abrasive*
Mid-West
Midwest
Jan
2l/a
Jan
25
69%
Mid-West Refineries
Miller Wohl Co common
700
16
l%
Apr
Nov
12
3,800
fir
Jun
7%
3%
23%
•
Jun.
25
20
Midwest Piping Ac Supply common
3%
~
900
Oct
22
Jan
■22%
;
13
Feb
9%
Middle
—1
II""
11%
11 Va
Nov
ft
900
1 1-i
Apr
35% Jan
110% Jun
400
834
8,800
21
1
Jan
Sep
12,600
700
■
1934
:
44 Ye
Jan
2%
V!i
1334
Chain.
20%
-l
1st conv preferred
Hydro-Electric Securities
%
12
•
Oct
32*/4
Sep
76'%
"*934
%
II
Middle States Petroleum class Art
Class B v t c
30%
800
~5
85%
105 V.
21 %
"5-
common
Apr
40
2%
II
7%
'
150
72%
73%
—Z#
Nov
Mar
-
21 '
pfd"
!
03
9%
12
Apr
75
Sep
Nov
Nov.
M
I
Jan
98%
Jun
73'a July
3
150
'31
31%
105% 106
-3
Apr
"
200
;
Jan
Nov
83a
6
-J
11 % May
16%
:
„
Feb
'
10%
3%
45
339
common""
July
11%
Aug
-
5%
100
•
28%
31
14 V4
"
45%
10
Co
11% May
12
*
6%1,
100
,
Jan
Sep
Sep
9%
30
May
16%
Mar
'3,200
9
96
May
Co
Jan
Feb
900
10
45
i.
Humole Oil &
Refining..'
Hurd Lock A
Mfg Co.
.j
Hussman Refrigerator
$2.25
Common 6tock warrants
400
13%
10
—1
Aug
'
9
68
—3
i—III
I
Inc
7% May
9% Aug
10
-10
common
2%
47
56%
'
-.1
*
Nov
Nov
200
"
May
7
Maine
4% July
1%
5
1,000
11%
8%
IIIIII" 100
Horder's
IIIII.IIIII
Hormel (Geo A) A Co
common
Horn A Hardart Baking Co_i__
Horn
Nov
Mar
'
96
IIIIIIIIII 100
St Co claes A
*
preferred
Hubbell (Harvey)
Nov
2%
13 a
'
10;
Co common
Inc
;
S%
Xl2%
8%
J
Hoiophane
48%
•
A Co common
Bollinger Consolidated
Holly Stores Inc
•
'10%
12%
25c
_H__.
30
110
9
10%
J
9% May
8% Oct
300
5
8%
28
Feb
Macklntosh-Hemphill
Apr
1.80J
2%
1%
common
Heller Co common—
B%% preferred w w
4% preferred w w
50
;
.•IIIIIIII
common
Mining Co
Helena Rubinstein
Class A
Feb
5"
--1
Hecla
■
Sep
5%
38 %
1
—
5%
200
*
com1—1
;
Ine
1,500
7%
2%
Aug
Feb
Corp
McAleer
6%
48%
18%
Groceterias elass A.
Massey Harris
2%
200
1
Marlon Power Shovel
37
23
22
preferred A ctfs of dep
preferred B ctfs of dep
Louisiana Land & Exploration.
Sep
36 Ya
6
:_1
19%
213 a
17% May
6% Nov
Sep
5%
8
6 %
Jan
8%
98%
.10
Aug
1%
Mar
150
7%
IIIIIIII
23%
Jan
90
36%
IIIIIII
Bridge Co Ltd
Hammermill Paper.
Hartford Electric
Llghtll
Hartford Rayon common
25
13
.
14% May
Co
i Hamilton
25 %
Louisiana Power Ac Light $6 pfd
H
Lamp
25%
1034 May
28
Jan
■
Communication Co Ltd
Hall
Nov
e
preferred
Lynch
8%
.100
Jan
6%
100
July
36 s,s
25c
6%
1,400
1
Oct
Va
10 Vi
2,600
7%
__$■
Jan
65%
18
6 % Mar
8%
6%
Longlnes-Wittnauer Watch Co_
Long Island Lighting Co—
Common ctfs of dep
Jan
1,400
137% 138
-23
Sep
50
112% 114
100
Nov
8
6%
A
Lone Star Gas Co. (Texas)
% May
57% May
9% Jan
500
7%
•
preferred—
91
65 74
7%
1
—5
Oct
Nov
10,000
8
J
common
Class B
Jan
12
-
Loblaw
28% Jan
5%
%-
50%
1,500
g
Corp common
Llpton (Thos J) Inc 9%
Jan
8ep
Feb
%
225
3%
40
52%
41
300
9%
Lionel
Lit Brothers
Jun
80%
40
i
534
8%
Material Co
Locke Steel
2 Va
13%
5%
_1
Leonard Oil Development
Le Tourneau (RG)
Inc
11
2 74
High
13%
e
Jun
16
...
Low
83/a
B
Mar
50
-
Range Since Jannnry 1
High
5%
Lanston Monotype Machine
La Salie Extension
University
Lefcourt Realty common
2% Mar
100
•
Shares
Lorn
.1
Ltd
110
11
•
fer Week
-1
Inc
Mines
*105%
-.50
conv
Class
1UU
r»
it
22 Va
Range
ef Prices
Company
Apparel
snore
Lakey Foundry A Machine
Lamson Corp of Delaware...
Lagendorf United Bakeries cl
Nov
1,200
I
Motors 6%
LaK.6
*or
4 74
—1
AI
L'Aigion
Jan
0
Feb
27
125
Week's
Last
■gle Fries
Exchange
Far
May
8
22%
Great Atlantic * Pacific
Tea—
(
9 %
2%
.40
Grand Rapids Varnish.
Grocery Stores
Oct
Sep
4
112% 113
1
Gray Mfg Co
1st
600
Curb
Jun
1
common
Non-voting
27 Via
3%
I
Graham-Paige
Oct
18
class B.
Goldfleld Consolidated Mines..
Goodman Mfg Co
1%
96 3
York
Jun
6
prefer?ed
Mfg
5%
13
..
Gorham Inc class
Nov
2,500
38
96%
2I50
:
B
Gor bam
37%
III*
Gobel (Adolf) Inc common
Godchaux Sugars class
A____^
$4.60 prior
6%
I_IIj25
„
J2
High
8
"II
Coal
Glenmore Distilleries
Globe-Union Inp
,
38
•
_
McBean & Co
Alden
New
3%
7%
MinesIIIIIIIIl
Gleaner Harvester
Corp
Glen
Low
7%
6V8
•
Giant Yellowknife Gold
Gilbert (AC) common
Gilchrist Co
Gladding
High
£l
6 %
NOVEMBER
STOCKS—
•
2234
l
EXCHANGE
ENDED
Range Since Jaaaary 1
1.500
6% preferred series A
____10
General
Fireprooflng common
•
General Outdoor Adv 6%
pfd
100
General Phoenix
Corp
l
-General Plywood
Corp common.1
50c
General Public Service $6
preferred
*
Georgia Power 36 preferred
•
(2033)
Friday
Shares
23
General Electric Co Ltd—
Amer dep rets ord
reg
General Finance Corp common
CURB
WEEK
CHRONICLE
for Week
Low
1
com
preferred
FINANCIAL
-•
ef Pricer
Sale Price
Par
General Builders
Sales
FOR
&
May
10% Sep
>Jan
Missouri Public Service common
Illinois Zinc Co
common
•
-Imperial Chemical Industries—"
Amer dep rets
registered..
Imperial Oil (Canada)
9
£1
coupon
'
9%
1,200
9
Nov
35/a
16%
Jan
3%
100
15%
16%
16%
15%
17
10,800
1,500
.11
11%
88%
88%
89
40
102% 106
102%
1,660
11'
50
.60
700
51%
50
11%
900
~
'
•
11
•
10%
'
11%
11
10 34
10%
11%
•
1
.5
11%
-1
13a
-
1
15
334
..
••••-
1
xll%
•
-1
14,000
Ui/4
11%
10
Irving Air Chute..
1,100
6% Mar
834
Oct
3%
4,100
2%
6%
Jun
96%
JUn
103%
Jun
pfd
cum
%
-
31/2
"34
•.
3%
Oct
Montgomery Ward & Co class A____*
Jan
12% July
Moody Investors partic
Oct
13%
Mountain
88
July
96
Jan
Mar
Plan
pfd
Corp of America
Mountain States Power
50
Nov
59
X22% Sep
9 Va Mar
24
Apr
Vernon-Woodberry Mills
Murray Ohio Mfg Co..
i
Muskegon Piston Ring common
Muskogee Co common
14
Jun
Muter
9% Mar
1034
Nov
12%
2,800
9% Mar
1%
ji Mar
15
'.
Oct
Mountain
Feb
110%
Mt
Oct
13%
Tel
&
100
3,500
200
15%
Nov
434
1,700
3%
Nov
%
7%
100
Apr
% Mar
lvi
5%
—1
—1
;
Preference
Julian
A
Kokenge
5%
5
Nov
400
5%
3%
4%
Feb
4%
Feb
800
4%
Sep
20% Apr
Co
2% May
20% May
Company
Kennedy's
1
preferred
i%
preferred
II.
10%
300
Inc
"
t__
Klein
(D Emil) Co common
Kleinert (I B) Rubber Co
Knott Corp common
National
Bellas
Hess
National Breweries
1%
Fuel
Jan
8% Aug
9% Jun
6%
Jun
Jan
National Rubber
II
*>'tw Prawtnr On
2%
3'/a
12%
11%
13%
1A
1%
j
t
page 35.
Le Mur Co
Haven
9%
Mar
Jan
New
New
Clock
12% May
&
Mexico
&
Park
N
Y
Auction
N
Y
48%
Sep
N
Y
Oct
N
Y
Shipbuilding
7.600
1134
Nov
600
lie
July
Jun
4% May
20% Jun
1>4
Jan
&
11
12%
"7%
11
100
11
Sep
12%
13
150
1234
Nov
21 %
25
20%
Apr
7%
7%
1,300
13 %
13 %
100
6%
13
Feb
Jun
8%
Nov
334
Jun
874
Jan
13%
Aur
17% AUg
734 Oct
5
•
A
I—100
Watch
—
20
15%
500
1374
Feb
G%
634
300
4 Va
Feb
79%
6%
-474 May
May
96
1
1%
234
Nov
350
7%
Nov
12Va July
G7 %
1,400
59 Va
Jan
6%
6%
1
79 %
1,700
7%
£74
11,200
72% July
10% May
13a
67
310
234
64%
7%
83%
2%
7%
80
134
3,100
•
Nov
fi
Feb
134
Nov
75
*
__
Feb
9
*m*m
Rosario
,
Mar
6
'
2V8
88
10%
Jan
Jun
July
Jan
10
-
28%
29%
550
27
Feb
32
10
11%
11%
100
11%
NOV
15
Feb
14%
Feb
19
May
634
Nov
May
Corp—
1
Power
.1
common
Apr
Class
24%
Jun
warrants
Niagara Share Corp class B
Hundred
15
15
1
Co.
preferred
16
Nineteen
Feb
2
preferred
Niles-Bement-Pond
Jun
Sep
2,100
100
Jan
Feb
2?H.
May
1734
234
—
com.
—5
•
Corp class B_."IIII5
—
634
--
7%
38,000
IOV4
Jun
99
100
325
Feb
105
Jun
97
100
"%
mm*
--
7%
100
9% May
11%
16
2
2d
17%
10% May
2(4
1st preferred
optional
7% Mar
Nov
5%
B
11% Nov
1,200
a
Mar
Founders shares
Niagara Hudson
1,200
87
3
Mar
14
1234
£34
15
common-.
Honduras
Oct
12%
a
Merchandise
19 %
60
Co
16% July
4,100
Co.
Jan
Nov
Nov
Va
common
Feb
107%
Jan
12
4
—25
Mining
Jun
12%
1134.
—
Arizona Land
Process Co
Ocfc,
37%
Nov
400
•mm*
5%
11
12
37%
Feb
1034
12
10,500
29 Va Mar
33 %
11 Va
3
Jersey Zinc
New
Jan
6% May
4% July
—300
class
convertible
'60
32
■
England Tel & Tel
17
2% Mar
"3%
Corp
(Herman)
New
Nov
Jan
li
National Union Radio
4%%
4% Mar
•a.—
1
15%
Sep
2,500
10,800
•
National Steel Car Ltd
New
234
11
5 Va
—10
National Transit comnlon.^
Jun
21%
1Q
Co
Machinery
12% Mar
1,300
234
1
700
13%
14% May
1134 Aug
Nov
3%
1034
834
17% May
1234
31%
4
37%
300
8
5
10%
National Radiator
45%
16'/a
200
3
3%
1134
10
46
16%
8%
1134
~5
3
GO
56
45
—I
July
Aug
33% May
27
10% Aug
1034 Oct
8
*
•
Jan
Jan
25
Nov
115
July
100
300
Apr
3434
Jun
1074
Jun
4% May
17%
Sep
2734
ZII35
Gas
Apr
56
-.-1
1
common
preferred
15%
9
2634
40%
-
97% Mar
23
Zw
SOe
common
125%
Oct
60
'
1
Feb
1334
350
103a
10
9934
'
.100
•
I
Stores
see
8%
27%
common
New
—1
Petroleum
Kirkland Lake G M Co Ltd
For footnotes
100
.100
D
Products
Kirby
Kobacker
13%
.100
King Seeley Corp
Kingston
29,300
6% Aug
A Co
Kings County Lighting 7% pfd B
;
9%
13%
Kimberly-Clark Corp—
4 % %
8%
103 a
Kev Co common
•
10
common
122% Aug
11% Mar
LZ$
Inc
Kidds (Walter)
8%
32%
2.50
Neptune Meter common
•
Feb
N
Namm's
Nestle
-100
_
Feb
'■
National Mfg & Stores commonNational Pressure Cooker common
934
K
pfd
Nov
33/a
12%
'
Nelson
Kalaer-Frazer Corp
Kansas Gas A Electric 7 %
Kawneer Co
31%
1,300
10434
31%
104
I
Nachman Corp
Apr
1,500
31%
104
25
3% May
17834 Jun
Aug
4,000
3%
15
xl3%
162
-
Feb
Jan
2 % May
13 % Nov
1 %
Feb
Tel
States
31%
3%
13%
190
2%
Jun
17
15%
4
•
common
Feb
Nov
165
31%
•
10
11
163
lOo
Producers
92%
700
3%
.
9634 Aug
700
17%
National Mallinson Fabrics..
—1
88
75
2%
11% Mar
National
Jeannette Glass Co commonJefferson Lake Sulphur Co..
Jim Brown Stores common
50
97%
2%
4.80% cum pfd series B
Monroe Loan Society com class A
%
'%
88
9774
Oct
9%
Nov
88
Feb
500
900
83
Feb*
1
108
8%
17%
87 ,JAn
23% Mar
100
Nov
500
'
.
7%
3%
Morris
International Cigar
Machinery..
A
6%
3%
8
£j
Pwr A Light 4%
pfd"!oo
Insurance Co of North
America..
.10
«
7
1
11% Mar
A Ireland
-n.L
1
4.40%
3%
Indianapolis
International Metal Industries
Molybdenum Corp
Monogram Pictures cftmmon
Monongahela Power Co—
'
16%
•
Registered
r__III>
'Imperial Tobacco of Canada
I.
g
Imperial Tobacco of Great Britain ""
International Hydro-Electric—
Preferred $3.50 series
*
98
140
*92%
Apr
117
Jan
A
4,400
%
Jun
1
934
3.500
8%
Jan
8%
Nov
1234 May
Feb
23 %
34
.
9
~9
8%
934
4,600
23
22%
23%
800
92
12
May
11% July
Nov
33
"
.»
RANGE
Week's
Friday
Last
STOCKS—
York
Low
Par
Nlplssing
North
Mines
Amer
North
American
Class B
North
North
Central
Northeast
North
Bcullin
Steel
Oct
33% Mar
48 Va
33
Mar
48
Jyn
Oct
4
May
1%
2 Vt
'2 Vis
300
16
2%
15
2%
1,000
Sep
90
Jan
y7
97%
FeD
•
Oct
Northern States Power (Minn) w d„—*
8%
•7%
8%
28,300
-1
4
11
10%
12%
5,200
7
Feb
13%
Oct
Semler
17 Ve
16%
13%
1,100
16
Apr
22%
Jan
Sentinel
Ogden
Corp
Ohio
Brass
Ohio
Power
Oklahoma
Old
50e
class
47a %
common
preferred.;
Natural
Polndexter
Oliver United
B
1%
38%
38%
Gas
19
33
Jan
130
101
Nov
30%
1,400
9%
O'okiep Copper Co Ltd Amer shares.
Securities.
397.
Feb
21
21
8
1
22
17%
Jan
Jan
25
Aug
7%
100
8
.8
Nov
Fob
13
Pacific Gas to Elec 6%
51/»%
1st preferred
Pacific
1
29
1st pfd
•
Power &
Pacific Public Service com
$1.30
Jun
32'/a
101
Feb
91
103%
103% 103%
00
Jan
10674
12% Mar
17%
23
Mar
.
237a
3%
73,500
10%
3%
3%
—
25,100
Feb
Sep
Sep
4%
14 %
Sep
Parker
9
22% X22%
350
22
Oct
31
1
17%
17%
100
17%
Nov
27s
3%
2,400
Co
Parkersburg Rig to Reel
Patchogue Plymouth Mills.*
Patican Co
Ltd
Peninsular
Telephone
common—
42
$1 cumulative preferred
Pennroad Corp common
29
-1
Penn-Dlxle Cement warrants
Penn Gas to Elec class A common
-
Penn Power to Light 47a f#
Penn Traffic Co...
2%
Oct
108 %
52%
53%
750
11
11
7 %
—•
23%
Scale
1
Jan
Feb
87a
70
2 %
—2
11%
9%
800
2
1,700
2
Feb
117B
1,900
xll
Feb
71 %
757b
1,460
18
2,200
8%
Standard
12%
574
41
757a
217a
Oct
4'AMar.^
18'A
6%
10 Va
"7%
~1%
39
150
7%
1%
7'%
B—
11%
1%
Providence Gas
77s
1074
.—
3%
9%
15
15
Oct
Feb
37
44% May
67a
1,100
8%
Feb
Apr
1.000
93A
Feb
ltf
May
6,000
'
1V4
Jan
3
Jun
7%
Nov
11
May
8%
Jun
400
,
97a
/
200
10 Va
Oct
Colorado—
preferred—:—100
Pt%
■
—
fl%'%
100
Puget Sound Power
& Light—
$6 pr^or preferred
Puget Sound .Pulp to Timber com
—
Co
common
90% Nov
,
A;
•
93 A?
22%
10
22
^150s<s «90
23 '/a
67a
—
•
100
87
6
7a
Jan v
99
r
i
'
Nov
30
Aug
UVa July
6 Va Sep
14
Jan
100
■
22
—:——
91
410
.
139% 140
120
79
,
8%
,
Feb
Mar
139%
12
x96
Jun
Nov
152
July
Mar
157* Aug
1%
1 %•'»."
15%
10
—
.
10
•
33
'
177b
Raytheon Manufacturing common—.9
250"
...
174
33/8 May
Nov
147a Mar
207.
% Feb
—
53/4
Jun
1»A May
277s
100
27
Sep
31
32
*
'
*
'
11,400 7
27
-
33
500
3074 Mar
37
54
6.25
"Reed Roller Bit Co
54
50
52
Jun
Jan
k
Jun
Mar
55
5%
674
9,300
57a
Nov
9%
Jun
5%
5%
1,100
57a
Oct
57a
Field
•'
21
1
;
3%
1
l*.
9
21%
900
1,700
3 %
Nov
5%
17a
Sep
37a
187a
Feb
267a
900
24 3a Mar
267«
•
2%
1
273/4
23/a
3
3,200
—
2 Va
Ryan
3/8
32
Nov
17a
2%
11,600
89%
897a
20
86
■
•
Consolidated
Ryerson to Haynes
25
200
23
Mar
~8% ~97a
5
~4%
4%
34
1%
4
19%
700
Jan
36
3,000
8
19 Va
8%
300
4%
32
73/4
23A May
93
•
377a
Nov
13%
37s Aug
17
Jan
674
Sep
350
14 74
10
57a
43
Jan
200
1,100
Corp..
5
5
6
574
5
•
1
common__l
1st conv pfd (new)—*
Salt Dome Oil Co
Corp
Savoy Oil Inc (Del)
Sayre to Fisher Brick
Schuite
For
(D
t)
Inc
footnotes
49
5
Corp
page
7%
18 Va
18%
9 Va
—
-
2%
35.
1
3
1
common
see
1
25c
Co—
47
Jun
Oct
31%
Feb
30
38
35 y4
Jan
41% May
27
200
May
28%
26 7a
28
1,700
26%
Nov
29% July
26
27%
800
25
Mar
29 Va
23
(
■
23
700
227s May
25%
26%
-
267a
'
V
36
3A
200
38%
6%
.
26
800
800
6
27a
37a
7b
10%
Jan
Jun
4%
Jan
2%
Feb
1% May
'
Aug
Sep
26%
200
27b
■
7% May
13
197a Mar
2'A Mar
37a
Jun
l93A
Feb
177a
300
97B
1074
1,000
10
287b
287b
29%
4,100
1%
1%
1 7b
10,900
1%
1%
1%
100
17
17 Va
•-
Nov
3/4 Oct
8 Va
750
24
22
Feb
48.Va
27a Nov
4,600
23
Jan
10% July
Feb
36
,
200
8%
4%
Apr
17
A
Nov
9% Feb
25%
Feb
1%
Jan
1 Va Mar
Feb
102
20
11% May
30
Aug
3
May
2% May
122
Oct
6 Va
7
500
6% Aug
3%
700
37a Aug
87a May
5 Va Apr
2%
500
274
3% May
Oct '
23A
2%
3%
r 2,100
Feb
72
Oct
247b.
150
22
Feb
.27%
Jun
17 %
19
400
15
V* Mar
6%
300
7%
7
1
l'/e
1%
17a
4%
5%
3,800
13 %
13 Va
life
Feb
Nov
123A
Oct
IS
150
%
Nov
Va
43A
2,400
4%
Nov
2,100
,
Jan
6%
23 Va July
8%
Jan
2V4
Jan
77a May
15 %
11%
11%
Jun
13
137b
35
1,150
14%
15
675
274
3
1,000
13%
3
11
I
50
11*
Apr
Jan
Nov
20%
Jan
27 Va
650-
1
17a
15%
13
150
Nov
11% Nov
Jan
5 3/8
1%
Oct
13% Mar
...
2% Mar
10
,
.
Feb
Oct
37
7 <"•
Jan
17% May
3% Jun
14%
1
Tivoli Brewing Co.—
Allied
to
Apr
5,400
16
119% 119'A
30
118% July
17
Oct
124
117a
Jan
Jan
19%
Jun
17'A
700
17%
300
16
Feb
21
,.Jan
10 %
11
15%
700
10% Nov
15
May
2,000
ll7/a Mar
18% May
17
,
14
14%
6%
5374
47s
70e
100
.1.
pfd—
1
Corp
...—
Tri-Continentai warrants.—
Inc—
May
May
,
17%
£1
8s
20
Royalty Corp
convertible
107B
Nov
.
Feb
7%
Apr
70
49% Mar
57J/2
Oct
200
4% Nov
53/4
200
V
53%
Ltd—
Lux
80o
31 %
107a
—4
Tonopah Mining of Nevada.—
Trunr
12
273% Nov
5
dep rets ord regis
Amer dep rets def regis—
Todd Shipyard Corp common
Trans
10% Feb
1,200
12 %
5
.1
1
1
Stocks
Toledo Edison 4%%
400
2874
100
—
Tobacco Security Trust Co
Toklart
li:'
27%
*
pfd
7%
10%
•
common
—.
1
•
5
•,
U Oct
7% Aug
1%
Jan
%
la
300
51%
2%
55 %
450
51%
Nov
66
July
600
2%
Nov
5
Jun
2%
25
89
69
1
89
Nov
99%' Jun
*
"l
1*
4%
4
%
1,500
2%
2%
2%
11,100
27
x5
25
27
4%
!!
5,200
47b
■——*
—
preferred
Nov
4y« Aug
174
27
Feb
Nov
1% May
6%
Apr
-4% May*
31
May
700
X5't
6%
87a
1%
4%
Sep
9
Jan
100
87a
Oct
12
Jan
u
Mar
men Realization
10c
5
Corp
Unexcelled Chemical Corp
Union Gas of Canada
4
6%
1%
300
3
3%
2,400
6%
G7b
600
Oct
274
Nov
6%
5% Mar
8%
Jan
6
3
4
Union Investment Co
7%
Nov
1 Va
3
Apr
Jun
Apr
Union Oil Co of California—
Apr
88%
100
89%
325
88%
Sep
52 %
$3.75 pfd series A
117s
Jun
United Aircraft Products com
Sep
United
Chemicals
United
Corp
Oct
247a
Jan
117a
Jun
United
600
334
Jan
7%
Apr
United Milk
6(8
1,900
574
Nov
117b
Apr
5%
1,100
4% Mar
6%
Jan
107a
•
57a
.
.
United
Elastic
—50o
53%
200
52%
Nov
—.-a——
Corp..
United Gas Corp common
Light & Railways
Products
17B
73A
1,700
20
774
Nov
*
10
—--—7
37b
37B
Preferred
97%
62
Jan
Jan
dep
rets ord regis—
9% Aug
United
Shoe
Machinery
common
1,400
18 Va
Nov
23 7a
77a
Sep
1274
Jan
United
1,600
1 % Mar
374
Jun
U S Air Conditioning Corp..—
1%
2Vb
5,500
1%
Nov
3 7a
Apr
U S Foil Co class B
3%
800
3
Feb
4% May
-
2,900
•
17a
Nov
-
3%
Nov
A Feb
400
Sep
30
16
Feb
177a
Feb
5 %
70
July
Jun
7a May
36% May
20% July
17
1674
18 %
2.900
20%
19%
21%
12,900
23%
Oct
14
1472
50
14 % Nov
30
Jan
24%
50
24
25%
Jan
%
24
Sep
U
•
S
$5
Specialities
and
common
25c
10
Z5
7a
6%
6%
6%
50
53 %
53 %
547b
2,925
38 %
38%
Securities.—4
3%
4
Jun
240
38
Sep
8
10c
137a
With, warrants
Sep
6% Nov
52 3/4
8%
600
8
Nov
1%
—1
1
International
1st preferred
SV4 May
243 Va Nov
25
Preferred
Aug
Jan
31 Va
100
com
37,000
27b
30%
:
preferred
27a
1%
3y8
31,800
United Molasses Co Ltd—
10%
,3
3,000
38% Mar
""7b
4
4
common
27a
9
3%
4
common
warrants
United Profit Sharing
7%
1
common
•"l
..II
Co new common—
10%
Samson United
'
1474
United NJ RR & Canal
new
Feb
Jan
900
'
38
6 Va July
3%
18
,■
417a
21
21
97a
III
Corporation common
Tilo Roofing inc
Tislimtm
Realty to Construction
s
Corp Ltd
7a
33 %
30
,.7
40
—
.250
& Light
Amer
St Lawrence
■
40%
—
Drug common
Apr
Oct
21%
107a
1
common
July
~
1.25
Petroleum
—I*
31%
—
Union Stock Yards of Omaha-
£1
1
common
103/4 May
Jun
May
47a May
July
25
100
5
Ryan Aeronautical Co—
4% May
Feb
9%
—
Tampa Electric Co common
Technicolor Inc common
'
Russeks Fifth Ave
2
;
'
10
(The) Corp common
Royallte Oil Co Ltd
Oct
Nov
7%
Jan
525
20
Co—
Row©
%
3 Ve
400
Jan
2,700
19
*
Co
5
9,200
5,700
'
26% July
17a
1%
•
19 V4 Mar
4
3%
19
1
Inc
14% Mar
/y
Taggart
Oct
20%
5%
Rolls Royce Ltd—
Roosevelt
2978 Aug
8%
"3 7b
II5
Corp
Tung-Sol Lamp Works com
Rotary Electric Steel
Apr
Feb
8%
*
Co common
Superior Portland Cement, Inc—
Superior Tool to Die Co—
—
Swan Finch Oil Corp
—
v
Reading Tube Corp class A—a
dep rets for ord reg
Rome Cable Corp common
Oct
Sep
8 Va
9,600
1
Amer
i
1%
.1
.'.
■'>■
Dreferred
Amer
~9%
1
Thor
—
warrants-
Railway to Light Securities—
Votug common
;
Railway to Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
(Texas Corp) v t c
Rochester Gas to Elec 4% pfd F
Roeser & Pendleton Inc common
Jan
May.,
94
88
20
July
500
I.
r
Richmond Radiator
Rio Grande Valley Gas
4
8%
1
Products.:
Stop to Shop Inc
(S) to Co common
Tobacco
Co
Reliance Electric to Engineering
Rice Stix Dry Goods—
July
52%
Thew Shovel
i;
87%
"A
'
—*
Regal Shoe Co
Rets .(Robert)
to
8% May
270
17a
3
Texas Power
q
Quaker Oats common—
6%
preferred
Quebee Power Co
convertible
373A Aug
Mar
997a Jun
'
$3
May
3%
.
—
Stroock
Sun Ray
#
225
1
to Co common
Sunbeam
Jan
..b*'
_
IIII*
1—5'
Manufacturing
Aadlo-Xelth-Orpheum option
420
112 % 112'%
ISterling Engine Co
Sterling Inc
:
Jun
11 3/b
24%
Corp
(Hugo)
14 Va
Nov
3 7b
2%
Stlnnes
Jan
Apr
13/b
3%
Stetson (J B)
Apr
3%
—
Sterling Brewers Inc
Oct
973/4
*8%
87b
2%
(A)
108%
257a
Standard Tube class B_.
(The)
Jun
17 Va
6% Mar
1,200
93
93
—-—
Co
Sterling Aluminum
May
Jan *
.
7
238
67*
230
'
—~——
—
Oct
July
76
4%
500
<
1
—
May
17
3
—.1
—
B
4
227a
22% May
43A
Corp—
Oct
12 % Mar
500
35
"67b
37s
Stein
'
87
37%
Jan
15%
1574 May
lls/«
1
———
Nov
9 Va Mar
25
'
~5<,
Nov
Steel Co of Canada.
Apr
12%
*4%
54
1 % May
18% Apr
2.78
(Ky)_
class
preferred
Starrett
Jun
Jan
'
•
•
Jan
5
Oct
900
1'2%
"4%
•
12V4 Feb
1,900
13%
Standard-Thomson Corp
Oct
Jan
33A
11
12 7B
...
Standard Products
Feb
Feb
12%
100
Prentice^Hall Ine common—.
Pressed Metals of America
of
Jan
50
57a
10%
•
13%
2,100
13
5%
2,50
common
Producers Corp of Nevada
cumulative
Oil
Common
Mar
4
58%
>.
1
10
127e
-5
—5
Standard Power to Light com——
211 Mar
Aug
37% July
75
25o
common
*
Feb
Feb
16
3,500
1574
57
..1
1
Forgings
$7
"
600
55%
.25,
25
—
Royalty Co
Standard
Jun
11
1
Co.
Prosperity Co class
1
2
2 V«
Nov
2%
900
137a
—10
preferred—
Dredging Corp common. —1
$1.60 convertible preferred—— ...20
Jan
19%
2%
v,
2%
19 Va
27a
19
Standard
Oct
11%
Feb
16%
50
1st preferred—
Lambert
~2iV
1
12 %
57
Convertible
July
Feb
23
300
preferred
Standard Cap to Seal common
1174 May
6
Jan
Jan
6%
200
50
—
Corp of Canada
Pyrene
5%
48
100
9:%
10 % Mar
600
13%
.25
25
Btahl-Meyer Inc
Standard Brewing Co
shares.—-
common—.
Mining Co.
Fowdrell to Alexander
Pyle-Natlonal
Oct
3%
37. Mar
23%
100
13
2%
197a
28
25
——28
.25
25
Spencer Shoe Corp
Jan
9% Mar
7 %
23%
9%
54%
100
47b
13
12%
25
Southern Pipe Line
67. May
Mar
5,700
7
47s
'
4
preference
conv
cum
Southland
Jun
Feb
47.
39
53%
•
Polaris
Service
99 Va
600
4%
4.48%
4.32%
Jan
25
Pipe Line
Edison—
Pa
original preferred
cum preferred
8%
Jun
3%
•
common—
Pleasant Valley Wine Co
47*%
6%
4%
3%
90s
Pittsburgh Bess to Lake Erie RR
Pittsburgh to Lake Erie;.
Pittsburgh Metallurgical common
PObltc
Sep
1,100
13
4
1
1
1
1
._1
1
.50
12.50
-10.
10
,
4.88%
Oct
Nov
3%
1.ov
8%
17a
20
—
Piper Aircraft Corp common——
Pltney-Bowes Inc.—
.■>
57a Mar
300
427b"
Jun
100
common
4.56% conv preference
26% May
3 %
5
4%
41
49
600
101%J01%
41%
Jan
4
California
Southern
Jun
Nov
Nov
1,080
-
Oil
Southwest
'
Governor
to
4
Corp common
Penn
Aug
42
16,200
Coast
Jun
4
22
1
Plnchln Johnson Ltd Amer
Pioneer Gold Mines Ltd
Pratt
3 %
17B
•
Phillips Packing Co
6%
3%
2.90
—
Power
7%"
•
Pharis Tire to Rubber common^
Philadelphia Co common..
Pneumatic
113
50
7%
pfd-r—100
Pep Boys (The)
Pepperell Mfg Co (Mass)—
Perfect Circle Corp
Plsrce
Feb
27a
250
45%
22
7%
—,
Penn Water to Power Co
-
22 "
5%
Feb
7a Mar
£1
Co——
South
May
Nov
80
d
w
97e
11
25
Nov
1%
300
1
100
Corp—
South
247a May
Pen
-
19
2 Va
1,500
4
4
Boss Manufacturing common—
Aug
19%
19
Manufacturing
SSolar
Oct
Nov
Mar
27a
1
9%
3,500
%
4
—
Pattern common.—
SoontoiR
Oct
34
Pantapec Oil (CA) Amer sh
Paramount Motors Corp
10%
27/b
33/4
4
Solar Aircraft Co—
25% July
r*
7b
_•
(Howard) Paper Mills
Smith
July
Jun
7/a
II
Singer Manufacturing Co
Binger Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas to Elec Co—
1.90% preferred—
Jun
97
Jun
3 (a
.5
*—
Bimmons-Boardman Publications—
$3 convertible preferred
Apr
327. July
Mar
Jun
85
873A
2
13
Breweries. Ltd
Sick's
36
29
Feb
277a
2%
.1
of America class A
Shoe Corp
10% May
*
t c
v
700
Feb
67.
34
33%
4,750
21%
Feb
3(8
common
Silex Co common
May
•
—
preferred
Page-Hersey Tubes common
Oil (CA)
1,100
100
1st
Pancoastal
33 %
8%
29
.
Lighting $5 preferred—
Light 5% pfd
Pacific
7
7%
Jan
13%
474 May
_1
Sherwin-Williams of Canada
Simplicity
Pacific Can Co common
Jan
2474
_1
25
Sep
15
400
Jun
2%
Nov
1% Mar
23,400
Oct
14 Va
3'%
197a
Nov
16
..100
74
18%
19
Jun
9%
Oct
2%
Nov
17a
12,500
1%
16
Jun
16
500
16%
1%
Oct
3%
104
Jan
July
5
3,500
22
17a Mar
75 % Mar
Shawinigan Water to Power
Bheller Mfg Co
14%
9%
8
Feb
.1
Shattuck Denn Mining
12%
9'
.1
:
109%
10%
200
—
Jun
48
1,500
2%
16
Ills
common
Nov
2%
Feb
100
*
Omar Inc
Overseas
1%
3,900
36
34%
34 Va
—1
class B,
1%
39
102% 102%
100
Distillery—:
Filters
1%
•
common
Co
Leather
19%
-25
..
Safety Control
Berrlck Corp class B
Be ton
34
"iy8
Sentry
0
Feb
1%
•
—
Corp
Radio
27
16
Inc
B)
(R
1,000
2
$5.50
Jun
28%
18
common
prior stock
Allotment certificates
Jan
9%
Nov
7%
Sep
103
High
Low
28%
28%
Inc
Bros
Seeman
Range Since January I
*
High
Low
•
Co
Segal Lock to Hardware
Seloy Shoe Co
Selected Industries Inc commonConvertible stock—
21% May
37a Mar
Mar
50
Northrop Aircraft Inc
Novadel-Agene Corp
Shares
Securities Corp General
Jun
70U
pfd.100
Co
RR
Penn
Northern Indiana Pub Serv 5%
8%
Feb
500
15 Ve
for Week
..25
Manufacturing
40%
1
Airlines
6%
19.200
Scovill
40
•
3
Oil
Texas
1 % May
% Mar
1,000
39(4
40
-—*
Securities
Utility
Range
ef Prices
Par
High
39 %
•
class A—
Rayon
common
American
Last
Exchanga
Curb
Sales
Week's
Friday
Sale Price
STOCKS—
York
New
Range Sines January 1
Low
8»
7%
Light to Power common—1
NOVEMBER 12
ENDED
Sales
Shares
High
7«
3
*
EXCHANGE
CURB
WEEK
FOR
fsr Week
Range
sf Prices
Pries
Exchange
Curb
Monday, November 15, 1948
CHRONICLE
FINANCIAL
*
YORK
NEW
New
&
COMMERCIAL
THE
(2034)
17B
3.100
1%
Nov
13
3%
75
5% May
250
July
2
107a
Jan
Jan
Apr
41% Jan
627a
13
3%
July
Jun
14
%
4,000
11%
Feb
19 Va May
4
*,
4,300
Feb
70% Feb
5% May
75
25
17a
86
May
Volume
168
Number 4751
THE
COMMERCIAL
NEW
YORK
RANGE
Week's
Friday
STOCKS—
York
New
Curb
Radiator
S
U 8 Rubber
United
common
Corp com
_
new
com
Insurance
High
LOW
New
2,100
6%
Nov
83%
100
1 Va
Apr
3
Jan
2%
2%
—
r
—
1,000
37%
35
——
1,000
23 3/4
100
2%
2%
3,300
2%
*
22
21%
22
22%
45
14 convertible preferred
Petroleum
.
A7s
6%
2,200
6
6%
3,100
29
>
Jan
3%
Jan
cya
20c
Manufacturing
3
'2%
•
3
13%
1947
1968
J-J
7 %
preferred
12
*■
Waltham
Ward
9%
5%
12 % July
1st mtge
Manufacturing—
West
Utilities
$6
preferred
River
Willson
C)
2%
4%
5
4.500
2% Mar
7% July
Bcullin
V/z
1%
600
1%
2% May
Southern
7%
7%
700
77%
Brothers
preferred
Winnipeg Elec
Woodall
(F
27%
115%
May
Apr
161
May
Southern
California
Southern
Counties
Mar
29% July
40% July
Jan
Southwestern
25% Mar
3%s series A
1st & ref M 3s
20%
150
20
Jun
25 Va
14
150
14
Oct
18 %
Jan
Spalding
Oct
16%
Jan
AStarrett
2%
2%
33
100
2%
19%
20%
500
9%
10%
900
6%
6%
7%
100
6%
6%
10
pfd
17%' Mar
100
.
5 %
15
26
1st
17
Nov
Feb
14
Jan
26%
1,000
17
50
85
18
Jan
10
18
1,100
18
9%
6 %
6%
600
1%
•
"l%
May
28%
"ljg
152
d-O
100
BONDS
Curb
97%
Gas
Elec
&
'82%
92%
105%
106
19
34
26
—
151 % 15274
100
5s
103 Va
J-J
Assoc
Tel & Tel
Atlantic
Bell
4%s
deb
5%s A
115
A-O
of
Boston.
ICentral
A 5s
(20%
A5%s
Cities
6s_
1998
2Vis
States
r-A
—.1989
;
103%,
3
103%
d-O
.—1966
99%.
$99 Va 100%
—1948
—
5s
M-J
Jan
1966
3s
-1977
Lt
& Pwr
2nd
stamped
(Balt)-
ref
74
ex
Dec
Dec
98 Va
A 5s
—
104
121
$62
64
63
18
16
30
d-O
$16
18
16%
30
1
1
$26
>
J-O
Elmira
of
mtge 4s
Gas
k
Water
101
101
103%
1956
$25
30
18
27%
$12
-
coupon
coupon
1954
1964
J-D
2030
d-O
83
83%
106% 106%
$107%
1960
J-D
$119l/a
1959
P-d
Penn
Traction
Creole: Marelli
Elec
A6V2S ex Nov 1
1 debentures
s
York
New
87%
8
24
10
81
97
82%
99%
Curb
5s
;i
'
104
106
12
103
105%
106%
10
105%
107 J/4
84
'
85%
246
78
88%
7
102
97%
104% 104%
■'
$97
106%
ibi
96%
100 y4
,
97%
97%
97%
,
5
17
97V»
103% 104
.
.
1
,
12
—
103%
$60%
*"
May
*
US
.
'
63
.
.
-A6V2S
A7s
41%
98 '/a
Va
'
99
'
10
A 7s
coupon— —1911;
•
■
-29%
*
:
1
US
26
■
•
■
coup)
—
.
♦
■
32
65%
61 Va
„
33%
High
12
62%
31
39%
$68
72
58
$66%
74
60
6%s
.
J-J
$5 VA
MS
stamped—.—1952
12%
04%
78
.
5
*-»
'
*T iv
City (Peru) 6%s stamped_1958
stamped (Plan A)
7s
to
2V«s
2008
of
If-lf
1951
stamped
12%
J-D
$25
34
32%
!;3$
28
34
12
i®
»
24
30
31
39%
42%
44
42
10
44%
Bogota—
(issue of
May
(issue of
Oct.
Parana
if-K
$41%
J-D
J-D
1927)
—1947
1937)——1947
(Plan A)
Interest reduced to 3%s
—
Peru
n03
104
104%
**
'
J—
38
'
'
'•
61
1003/4
$25
„
$41%
$60%
22
25
65
62
81
28
29
27
14%
13%
15%
18
24
stamped
(Republic of)
Rio de
102%
102%
7
58%
2
1033/4
Vt 104%
12
56
Janeiro
2008
J-J
-1997
J-J
14%
$26%
14%
2013
J-D
21%
21% '■ 22
1919
M-J
1821
J-J
—
stamped
reduced
Interest
'4
'
(Plan A)
to -2%
16
e
30%
31
34%
34
35
54
17%
35%
31
31.
4
16%
34%
7
17%
34%
14
17%
31
<■
j-j
•'
34
%
30%
17%
13
Va * •
31
33
17
t
31
I
-
...
63
'
;-.G3., ---65% -:
20
6
A-55% '.
on
are
the daily
Exchange
as
being
Nov.
9
Nov.
10—
Ncv.
12
ities
56.59
33.78
178.19
56.56
33.78
173.94
53.83
33.26
173.48
53.64
32.90
63.69
11
Nov.
roads
178.94
•
Rail¬
15
Util¬
trials
8
Nov.
":3|
traded
transaction
used
flat.
above—"cod." oertlflcatee of deposit;
"eons," consolidated; "cum," cumula¬
compiled by Dow, Jones & Co.
Total
10
53.90
First
10
Second
10
Total
65
Indus¬
Grade
Grade
Util¬
40
Stocks
trials
Rails
Ralls
ities
Bonds
100.23
101.26
89.84
101.06
98.10
65.85
100.31
101.47
89.89
101.15
98.21
63.93
100.35
101.56
89.76
101.09
98.19
100.24
101.70
89.43
101.10
98.12
101.24
98.22
66.02
-Holida.v173.93
2%
—Bonds-
20
Indus¬
6
0%
2%
Averages
10
30
Nov.
3%
31
closing averages of representative stocks and bonds
the New York Stock
Date—
70
2%
IReported in receivership.
Stocks
"
2%
2%
tive; "conv," convertible; "M," mortgag?; "n-r," non-voting atock; "v tc," voting trust certificates;
"wt" when issued;-"ww." with warrants; "xw.'* without warrants.- *-••• .-%'(->•
75
Stock and Bond
Below
Under-the-rule
Abbreviations
•
listed
n
ABonds
.
4.
■
2%
•No par value,
a Deferred delivery
transaction (not Included in
principal.
v
'
-V J-J
2%
Odd-lot
31
-j
5
6%s
——
transaction (not included In year's range).
d Ex-intern*,
year's range),
f Hx-distribution. _§Rx^-stock dlv. ft hRx(not included in year's range). . r Transactioa lo* eaeh
(not included in year's range). x Ex-dividend,
y Ex-rights.
IFriday's bid and asked prices; no sales being transacted during current week.
106%
33
Government
A5%8
*
33
•*—
—1955
1
ARussian
60
103%
v
33
J-D
'
L.
*
103
5874
coupon)-^— -.1952
escrow ctfs
4974
•
''
'■..
i,
103
—
US
:
—1952
Interstate Power Co—
ht\m\ A Debenture
33%
Low
'
r-A
1941
.$61
J-D
AMortgage Bank of Chile 6s_——1931
Mortgage Bank of Denmark 5s
1973
31
—
$101% 103
J-J
1957
coupon)
$46
--
J-D
—.1951
F
(July
Range Sinee
January 1
61%
$61
J-J
No.
r-A
A7s
-40 Va
112%
24
$12
'
J-J
3%s— —,1961;
Sec—
1941
Sold
U-N
Is to 3 %s (ser ABODE)
.—1951
1941
Bonds
1953
A7s
103%
110
■; $24%
'
—1950
C
(Dec
(Aug
series
A7s
;.
Power
d-O
High
Maranhao
55
973/4
•
7
• *
$112 Va
*
series E
A 7s
104
Co—
—1901
series
Range
Friday's
1955
AExternal
:
115
55%
—--
41%
——
98
i-J
—1950
1940 coupon—1951
Power
or
Bid A Asked
109
111%
—
'
1947
Sale Pries
5s
AMedellin
MS
—199S
Mfg
Last
Period
5 VaS
Mortgage Bank
Indianapolis,Power & Lt -3%s_——1876
A6%s
120
98%
External
v
i— —1961
3%s
Trunk Western Ry 4s
International
117
—
Danzig Port k Waterways—
'ALima
$112
—
if.
RR 5s
Guantanamo & Western 6s
■:
108%
L '
A-O
—199S
stamped
Green Mountain
108
102 %
Week's
Interest
Exchange
Agricultural Mortgage Bank (Col) —
A 20-year 7s
—April 1946
A 20-year 7s
—Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
—1948
Danish Cons Municipal Loan-
Finland Residential Mtge Bank—
Grand
86
106
102% 103
Friday
BONDS
102%
•
>
72
10
Newspaper Union—
conv
168
98%
•*
•
37
—
Foreign Governments & Municipalities
Division
J
ser B
&
-'.A0%« with Nov
.
5s
106%
111
155
6
10374 10434
m
Jf-M
t-
—1954
N
Fuel
Lt
38
101
External
A-O
City) —
mtge 4s ser A
Eastern
19
,.28%
$12
1848
5s
Interest reduced
A 1st
Ve"
1966
Co—
1940
1947
Electric
107%
106
w
■
.
J-J
Delaware Lack k Western RR—
1st
75
106%
109
99%
91%
84%
J-D
—1962
(Bait
Gen mtge 4%s—
.Lackawanna
105%
96%
114%
$16
1952
income debs
Penn
103 Va
96
99%
165
10474 105%
104
J-J
—1981
2%s conv debs
Gas
100%
99
1*22
Waldorf-Astoria Hotel—
108
103 Va
7
86 3/8
—1976
23%s series R
Consolidated
,
105%
101
—
—1969
ser P
"Viet ref mtge 29/4s ser Q—
1st
98
d-O
1946
Electric Service
with
A 7s
'
ref mtge 3s
101
High
102%
-
—
90%
91%
M-8
5s
Gas El
98%
98%
J-J
—1954
A-O
1st
105%
$117
Low
Af-Q
'
103
•
Debenture 5s
Consol
Low
5
$108% 109 Va
$155
J-D
Debenture
Debenture
105%
J-J
-1946
:
Electric Corp—
redeemed)
Service
101 Va
101%
103% 104%
US
_1950
United
2% May
No.
102% 102%
Q-r
-1970
redeemed)
(20 %
High
U05% 106
J-D
Steel
Edison
114
101%
101
43
103
J-J
A
6s
104 Va
98%
Jf-N
/-J
101
87%
Canada-
5s series C
Bethlehem
98%
1955
103%
113
104% 104%
$103% 105
JS
98
99 Va
—
*•
160
January 1
104
1964
City Electric 3%s
Telephone
'2
151%
—
Corp inc 5s
Oct
Nov
—
—
Range Sinee
J-D
1953
Electric
24
102% 103%
F-A
-1970
trust
100 %
$99%
US
3'As
Jan
8old
Low
1970
Associated
-
103
.L1968
(Calif)
9%
Rands
Sale Price
Appalachian Elec Power 3%s
108
103 Va
103%
$101
1971
22%
Bid St Asked
Last
Period
104 Va
100
1
$113
6 %s ex Aug 1 1947 coupon
United Electric Co of N J 4s
Week's Rang*
or Friday's
Interest
Exchange
104
4
A-O
1973
Corp—
stamped(Hugo) Industries—
Western
York
101%
2
MS
3s
Jan
„
"l%
97%
Hydro-Electric Co—
A6%s with Aug 1 1940 coupon__1951
West
New
-
107%
104% 104%
Washington Water Power 8%s
.
J
106
103.3i 103%
West
Friday
87
102 3%
Ternl
Oct
14
6% Nov
5,200
91%
104%
W
3%s__J.—1976
Gas
3rd
A7-4s
£1
Wright Hargreaves Ltd
1
1
$12
_1971
(A G)
A7s
5s
103%
58
(Hugo)
Stinnes
Ltd—
W)
deposit receipts
preference
101%
104
1
17
__1932
B
ser
Gas
collateral
A7-4s
Jan
102% July
Nov
Feb
13
300
May
19
Feb
98%
9%
1
109%
*
7% May
24%
3
1
25
107
1
13
104% 105 Va
—1951
mtge 3s__
Stinnes
12% Mar
Feb
3%
250
Jun
11
11%
10
2,800
24 Va
Feb
98%
100
Inc
10
4%
102
$24 Va
-1852
inc
Feb
150
.
17
104%
Co—
mtge 3s
California Edison
14
•
4%%
Steel
Jan
100
28%
15%
~4
lOO'a 100 %
coupon——I960
Joaquin Lt & Pow 6s B
140
30
104%
M-ff
20%
23
w
American
6%
10
~6% Mar
1947
1
Ban
Apr
36
1
common
Industries
Feb
J-J
Safe Harbor Water Power Corp 3s_1981
35%
1
Lt
140
26
•
Woodley Petroleum
Wool worth
140
5
Inc
w
6 Va
Nov
Oct
112
140
104 % 104 %
$105% 107 %
J-D
Jan
Jan
■
10
Co
common
Wisconsin Pwr &
2%
13
6s
;
Hydro-Electric
8Vas series A——
1,200
1
Corp.
&
Feb
2%
1
Corp
(R
Products
Wilson
5%
Oil
(The)
110%
Apr
8% Mar
J-J
50-year 6% debs
.1998
Queens Borough Gas & Electric—
11%. July
2%
10
Weyenberg Shoe Mfg
Whitman (Wm) & Co
Williams
July
1%
'
•
Westmoreland Inc_
Wlckes
Feb
106
10
63
102
15
Public Service Elec & Gas Co—
3% May
2%
Western Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com
•
Westmoreland Coal
30
Wichita
8
200^
61
d-O
8s
ex
1%
3,200
High
104%
100% 101 Va
62%
^Ith -Oct 1 1940 coupon—1960
9
1.38
A-O
1970
1%
1
Wentworth
Texas
1% Nov
100
Low
20
16
1.7%
107% 107%
J-D
1906
3%s
4%
Corp
3004
:
mtge 3%s
Lexington 1st mtge -3*
1964
Pennsylvania Water St Power 3%s_1964
Jun
15% May
9
1
Aircraft
9%
1.000
,
107% 107%
Baking Co warrants---
Warner
2
107%
If-*
1971
1st
No.
28
17%
$103
MS
Park
30
Watch
1907
1961
Westchester Ltg 4s
Power
_1
;
preferred
cum
A-O
L.
r-A
A6%s
1%
100
Waltt & Bend Inc
1950
1962
England Power 3%s
Ohio
Range Since
January 1,
Sold
$12
J-D
A6%s
.1%
Wagner Raklng> voting trust «tf« ext_*
1953
coupon
1966
Piedmont
•
,*24%
J-J
W
Waco Aircraft Co___
1
High
Bends
Jun
Nov
Nov
ex
1952
196J
Jan
10%
2%
100
98
Feb
Friday's
Bid & Asked
Co^-
1940 coupon
Valley RR—
Extended at 4% to_
Milwaukee Gas & Light 4%s
Jan
10
Sep
8%
5,900
•
13%
«r
Midland
22% May
5% Nov
67
1
Venezuela Syndicate Ine
■ale Fries
Kansas Power & Light 3%s
McCord Corp deb 4%s__
Oct
Nov
19 3A Mar
8
Venezuelan
Vogt
5%
Week's Range
Last
Period
Altalian Superpower 6s
Kansas Electric Power 3%s
N Y &
1
:
common
Friday
lltWMt
Exchange
Hydro-Electric
1
New
Yalapar Corp
Curb
A7s with Nov
July
23%
Nov
2%
2,000
Isarco
3% May
Sep
Nov
19% Mar
22%
—•
2 Va
35
„
York
Low
Sep
1%
35
12
High
6'/a
2%
-10
Utah Power it Light common
Range Sinee January l
6%
.10
common
Sugar
NOVEMBER
BONDS
tkares
1%
-10
Universal Products Co
Utah-Idaho
6%
—1
Universal Consolidated Oil
Universal
Low
_50o
(2035)
EXCHANGE
ENDED
fer Week
leaf*
—1
Reclaiming Co
Stores
CURB
WEEK
CHRONICLE
tales
ef Priees
Sale Frlee
Par
U
FOR
FINANCIAL
4
Last
Exchange
&
-Holiday32.79
63.83
100.38
101.83
89.43
*
36
(2036)
COMMERCIAL
THE
OTHER
Week's
5%
Range
Transit
of Prices
common
vtc
157%
Co
Low
14%
886
2.80
76
2
12
High
Jan
13%
16
70
23
Jan
157%
40
138
Sep
160
5
X217
Sep
310
May
July
July
94
94
Apr
94
5
Nov
97
Vernon-Woodberry Mills—
prior preferred,.-100
6-75%
New
Amsterdam
North
S
3.60
Co
28
28
201
25
Feb
60c
200
45c
Aug
1.15
pfd
85
Nov
92
44%
Feb
52%
100
Fidelity & Guaranty
85
85
46%
50
47%
20
245
5%
Baltimore
Transit
112
1975
4s
Co
48%
112
48
48%
Mar
111
$500
Aug
July
(new)
50
—
39%
8%
32
Feb
AO
39%
8
32
x34%
Manufacturing Common
200
7%
Sep
2%
1,550
Corp
Credit
Fox
Brewing common
Corp
of
(Peter)
(The)
General Finance
68
Jan
Jun
43
5,500
Sep
Exchange
Amer Agricultural
Chemical——
Low
Low
High
*
37%
38%
114
Sugar
Refining,
100
36%
37%
87
Tel
Tel
100
150%
151%
American
Woolen
*
40%
Anaconda
Copper
37%
36%
Illinois
High
Son
&
Boston
&
Inc
Boston Edison
Boston
17%
RR
—
Illinois Central RR
Internationa)
158%
Jun
Katz Drug Co common
i
ICellogg Switchboard common
147% Mar
377
36% Mar
57
35%
218
30%
40"%
18
294
Feb
21%
Jun
119
Mar
127%
Oct
Boston Herald Traveler
Boston
7%
&
Feb
July
Cities
La
Service
Eastern Steamship
Street
CO
Mathieson
22%
21%
20
pr
31
31%
New
New
Y
Butte
Assn.,;
Oct
26%
Jan
35
Oct
905
19
Aug
158
26%
Feb
665
Feb
3%
150
3%
Jan
56%
1,217
42%
Feb
60"%
%
30
41%
Jan
48
Pressure
Standard
12
14
62
12%
65
37%
48%
8%
8%
8%
15%
14%
16%
27
8%
100
80
79
100
e%
31c
6%
Reece
—10
17
1%
5%
Association--
14
Inc
14%
Torringtoh Co —-1
6%
Feb
17
90
31%
Feb
71
50
28%
Feb
15
41% Mar
Peoples
Rights
7%
625
%
578
14
27
100
25c
9
4,000
83%
f %
31c
8%
79
1,000
Nov
30c
21%
Jun
54c
Apr
12%
Jan"
May
14%
Oct
85c
22% May
34%
34%
16%
Feb
3%
Feb
6%
1%
600
1
Oct
2%
Jan
5%
50
5%
Nov
7% Mar
799
13%
Feb
16%
377
11% Mar
34%
41
Sep
44%
Jan
74%
Jun
600
22%
Mar
29% May
7%
Feb
15 %
11%
1,250
13%
100
4%
50
7% Mar
13%
Jan
12%
Oct
16%
Nov
Jan
4% May
4% July
12%
33%
100
32% Mar
20%
200
20% Mar
24% July
29
150
26
Mar
35
May
May
300
8%
12%
Nov
•
16% Mar
37%
Jan
Co
12%
150
700
93
300
11
'
,,•
27%
1
*
—
1
__
11%
Works
Corp
common
Corp
Switt
Si
Swift
capital
Int'l
Co
May
30
11 %
50
Ocf
27%
31
Jan
30
Jan
35
July
27%
60
150
Feb
34 % May
Sep
11%
250
11%
Nov
15
Jan
900
32
Feb
43
Nov
13%
350
10%
Feb
15
Oct
300
26
300
11%
21%
23%
1,900
15%
6%
6%
500
:
24%
25%
8%
8%
8%
"
2%
—
6
250
,
24%
400
2%
Mar
34% July
Feb
14% July
Feb
32
Mar
Nov
29
7% Mar
200
2% Mar
Jun
8%
.
14
Jan
Aug
May
-
3%
Jun
40%
39% x42%
700
x37%
Feb
53
12%
-
12%
300
12%
Nov
16% May
7
1
6%
12%
650
x6%
Oct
9%
32%
32%
100
27% Mar
36%
10%
11%
650
10%
13
29%
29%
31
700
29%
Sep
11%
11%
11%
200
11%
Nov
'
com—,—
stock a__
25
ctfs of dep„ —
Ltd
Co
new
Nov
13%
—*
Tool
32%
.22
5
common
Mach
11% May
12%
20
3tone
11%
li5,{
28
25
common
Jan
Nov
9% Mar
xl2%
2
Corp
Sep
28
capital—.5
Dredging common
Oil of Ind capital
May
6%
__
•
common
Jan
22
37% x40%
*
common
21%
Feb
100
27%
30
—
capital—.
Nov
Feb
97
112
4,150
6%
32
capital.
16%
,
27%
•
*
12%
87
100
1%
11
6%
10
Clothes
Container
10
May
24% May
17%
r
1
Sundstrand
Oct
12 %
common
Lathe
Jan
19%
92
B
Inc
10
6%
100
17%
Co
Bend
7% Mar
2,400
%
Society
Brand
1,850
7%
19%
12%
1
common;
&
9%
7%
17%
v. 92
• '
Sunbeam
18 % July
356
250
Jan
19%
com—,2%
new
common
Cummings
Standard
Sep
16
Jan
2,300
•—
Co
Stewrart-Warner
35%
21%
23%*
7%
10
Stockyards capital
Elec
Standard
Oct
15
Apr
16% Mar
11%
9
,—50
common—
Corp class
Spiegel
Apr
670
10%
27%
__
1
class A
;
(The)
Roebuck
South
Jun
985
18
19%
Nov
100
55
Nov
8%
20%
25
Ghellmar Prod Corp common,—,
Signode Steel Strap common,,
Sinclair Oil Corp
Jun
Nov
7% May
Feb
6
14%
.
33
"
Schwitzer
Sears
Serrick
Nov
96
,
100
12%
Coke,——,100
Car
Packing
Sangamo
Oct
13%
200
1,300
4%
.
__5
capital
&
wi
Steel
Louis Nat
St
July
Nov
8%
60
1,100
Sep
IAV2 Juiy
10%
—
20
common
14%
Jan
13%
_,5
>
Rath
Jan
-
RR
Gas Lt
Perfect Circle
Sep
43%
Car
Jan
Nov
9
17%
—
.1,10
.Tun
8
22%
com-,_2
Electric Switch
Pennsylvania
Sep
54
new
Inc——
July
23% Mar
34 %
1 i%
11
common—
42
Feb
8%
6%
50
1
com
common——
Cooker
Ind
American
Oct
6%
~5%
-2.50
360
^
Co
Mar
19%
26%- Sep
200
14%
17%
—
vtc
common
Brewing Co
National
Penn
Apr
4%
*
28
Jan
May
5
16% May
950
8%'
50
.
23%
5
Manufacturing common
Pcabody Coal Co common,,
5%
prior preferred
:.
Oct
•41%
3%
52
4J
17%
Machine
Hart Inc
Chemical
Pressed
2.50
Rexall Drug Co——
28
Co
Corp capital
Oak
39 % May
1
—
Webster
26%
31%
50
&
Oct
2£%
—25
Stone
95
59% July
_20
Hartford-;
&
&
—*
Feb
8
6%
—
11% May
64%
^
79% May
42% May
5
Mining
Folding
Sep
Sep
49% Mar
Qulncy Mining Co
Shawmut
Sep
31% Mar
1
System
Tel—
Pennsylvania RR
4
60%
17% Aug
115
45
Cos
&
Feb '
74'%
75
,
36%
Electric
Haven
New
North
2%
1
Jan
Sep
Nov
10%
14%
8%
Jun
Jun
Sep
9%
300
9%
-
7
12
28%
20
Feb
Nov
9
800
—
*
—
% Mar
2%
600
20 %
28%
Oct
50%
600
29% -31%
10%
5
common—.
9
Nov
18%.
300
26%
8
*
common
Field
West
National
Jun
90
Corp___
&
64 %
3,495
.100
.
England Tel
Feb
54%
.100
common
—
Service
England
31%
425
29%
"Iso
pfd-
^
3jT
27
May
19
250
11%
Sep
13
18% May
17
180
3
9%
1-1
common
Monroe
8% May
30%
Nash-Kel vina tcr
National
Nov
Univ
Minneapolis
Sep
36%
•
Racing
5%
46
20
21%
Mergenthaler Linotype
Narragansett
66 %
90
-15
Chemical
74
53%
ti'r
10%
54
2%
Nov
14%
850
20 %
& Libby common
Printing Co common—
Middle
51% Aug
37%
Copper
RR
%
24
—
Copper
Central
Feb
Feb
100
3
90
—
tDeli
32
34
Ext
Marshall
Mar
50
65
3
Stores
10%
38% May
16 % May
1,650
52%
.
com
Lindsay Lt & Chem
Oct
192
43%
22*%
•
Lines Inc
Electric
preferred
28
3
.100
series A
1,300
13
Feb
8%
100
*
Oct
Feb
7%
28
100
18%
2%
commonc«
new
McNeil
North
.100
Tool
Harvester
Noblltt-Sparks
Gillette Safety Razor Co
5%
Nov
Salle
Lincoln
Ry-
Employers Group Assoc
Maine
19 %
47%
preferred adjustment
Corp
190
42%
.100
Royale
21
65
.100
Kennecott
21%
42%
1st preferred
Lamson
Sep
5%
preferred series B
Isle
18%
5%
6%
-National
43% May
284
-100
—'
Pneumatic
Leath & Co common
Libby
Miller
42%
-100
6%
First
Feb
20
—5
Massachusetts
General
36%
1,615
19%
19%
.100
RR—
—
Common
5%
39%
20%
Hecla—
<fc
Eastern
37
Corp
—
Providence
&
Calumet
37
17%
115
RR—
Maine
pripr preferred
Boston
17%
120
.100
10%
19%
17
Jun
123
10
x53
100
common
Independent
Oct
4,015
17
15
10
Jun
Railway—
Stamped
capital
39%
42%
120
-25
—
Elevated
.100
Co
100
17-
1
52%
33
—
Albany
Brick
8%
14%
—
25
common
200
Mar
65%
50% Mar
1,500
1,550
-
17%
3
common
common—
Nov
'
Bird
Corp
61%
10%
31%
19
1
cap
7% May
8
8%
10
new
Nov
40%
150
50
Co
Nov
N6v
10
common-—1
common
Brew
6%
7%
14%
—
Jan
200
100
60
'
—
•
19%
Jan
6%
9%
—
•
Nov
10
9%
7%
30%
10
common
Jun
16% May
Nov
6%
61
*
Jun
110
7%
'
.
*
6%
200
10%
Jan
Jun
3%
Sep
300
May
10%
40
Nov
13
370
10
40
Feb
7%
10
6%
_
2%
82
13%
1
Dk
Spencer Bartlett
Hupp Corp
Range Since January 1
29 % May
29% Mar
50
100
13%
10
common
common
common
&
Corp
<G)
Werner
Hibb
Shares
American
*
H)
Dr
99
70
100
—6%
1
common
Co
2%
e
*
13%
1%
common
<W
Harnischfeger
for Week
American
Si
Co
Heileman
Sales
Range
of Prices
Friday
Par
Bros
Lakes
Hein
Week's
Last
Sale Price
STOCKS—
Corp
Razor
Hammond Instrument Co
Boston Stock
.
100
5
Corp common
Motors
Gossard
—
10
Safety
Goldblatt
—
10
Auto
Refrigerator
Gillette
-
*
Inc
America
8%
5
1
Corp class A
Drive
Great
N
preferred
Mills
T12%
Jan
23
25
Gibson
lndebt
ctfs of
39
100
Flour
Conn—
of
Jun
12,600
General
Line
Coast
63%
26%
Four-Wheel
BONDS—
Feb
26%
Preferred
Atlantic
Jun
32
400
26%
Paper
Jun
Jan
1,200
44
25%
—
Eddy
July
-
26%
Inc
Edison
Doehler-Jarvis
/
80
65%
25%
Cumulative
Doage
Jan
106
Oct
Feb
5
Co
Oct
30%
60c
25c
105
50
53
43%
High
65%
52%
Co—
Jan
105
2
Co
Oil
Edison
Potomac
U
Casualty—
American
Jan
105
Low
10
65%
56%
54
43%
10
common—
65 %
—
Range Since January 1
High
25
Domestic
Mount
Low
common
(The)
Consumers
219
15%
Shares
2%
(new)
Co
Commonwealth
Jan
5
Corp
Service
Coleman
Jan
16%
Mar
Cities
149
100
pfd
6fr
High
Cnrvsier
219
A—100
for Week
of Prices
•
Chicago Towel Co common—
Range Since January 1
13%
15%
20
& Deposit Co
Co of America class
Sales
Range
Sale Price
Par
2.75
100
Fidelity
Realty
13%
vtc—_•
,
Finance
Guillord
Low
Week's
Last
Shares
*
Co
preferred
\'i
STOCKS—
for Week
Sale Price
Corporation
1st
NOVEMBER
Sales
Last
Par
Monday, November 15, 1943
EXCHANGES
ENDED
Exchange
Friday
Baltimore
WEEK
FOR
CHRONICLE
Friday
Baltimore Stock
Arundel
FINANCIAL
STOCK
RANGE
STOCKS—
&
*.
7
Nov
Jun
Jan
Sep
July
36%
Jan
21%
Jan
4
Twist
Union
Drill
36
42
51"%
4,714
48 %
Feb
58% May
54%
400
52%
Jun
62%
Apr
Rubber
S
-10
36%
43%
515
38%
Feb
49 %
Jun
13%
14
95
13%
Oct
15%
Jan
.25
com.
Co
,
Waldorf
System Inc
Westinghouse Electric
Corp—
,.12%
24%
24
26%
Co
Texas
35% Mar
5C%
63%
Co—-1
Machinery
53%
*
Fruit
Shoe
U
36
51
United
United
45
24
1,079
Nov
Jan
33%
Thor
(The)—
208
South
United
U
Salle
La
Air
Lines
Steel
S
'
Friday
Week's
St
Inc
Corp
capital
i
17%
20%
23%
45%
45
46
37%
37%
39%
10%
10%*
72%
76
25%
26%
•
(new)—•
10
,•>—.
•
STOCKS—
Range
Sale Price
*
Adams
I
'
-
for Week
(J D) Manufacturing
Admiral
Corp
Advanced
Aetna
Bearing
Armour
Tel
Asbestos
&
Co
&
'
—1
Mfg
73 %
*
Co
Tel
Avco
&
1
Belden
Mfg Co
Bints
Bliss
Sons
(E
Piston
Ring
Bros
Carr-Consol
Castle
4
Central
Co
Cent
&
8
W
26%
Jun
150'/a 151%
2,500
Mar
158%
Jun
*
1
12%
—,__io
common
common..
Corp
7%
1%
-4%
common
preferred
34
Convertible preferred
15
44.
148
8%
1,800
1%
1,050
1%
Nov
4%
Nov
8
3%
Aug
4%
1,900
4%
Feb
Canadian
Apr
7%
Nov
15
50c
^5
j
May
7
17%
35
7%
70
16
Jan
18
30
Aug
40
15%
1,150
15
Nov
20%
100
31
Nov
36%
8%
9%
850
Oct
14%
1,350
13%
iqq
__
10%
__
93/4
__
8%
—•
new
(The),
25% Nov
100
92% Mar
35
600
30%
Feb
9%
Jun
May-
32% May
118%
Aug -
39%
Oct
Jun
13
18%
Nov
19% May
11
Feb
14%
Jun
8
700
6%
Feb
10%
Jun
9%
4,550
4%
Jan
5%
500
5% Mar
12% July
10% July
37%
38%
500
31% Mar
42% May
11%
C-i
-1,1
Nov
•13
7%
5%
7%
13
400
7%
—
800
13 %
10%
10%
•
13%
13
:
1
System Inc
600
11%
200
11%
14% July
600
*
10%
15"%
16%
600
9% Mar
1334
■
nov
15 %
New
Nov
17
York
Jan
North
37%
,
Central
RR
9%
350
Apr
13%
Sep
Pan
Amer
capital
12% Mar
17%
Jun
Pure
17
16
Sep
18%
Apr
Radio
9% Mar
15 %
50
'
45%
Feb
66 % July
10%
200
33/g
500
3
Nov
6
50
31
Jan
38
350
13%
400
10%
1,900
300
ji/4
10%
8%
16
peb
Feb
Feb
Nov
1 000
9y2
Nov
50
t
Paramount
■
new
com
i
(The)
of
Jun
Republic
May
2% May
15% Jun
Schenley
11%
Oct
Jan
14 % May
common..
Vacuum
Standard
Steel
Studebaker Corp
64%
Jun
66
Mar
Sunray
7%
Feb
13
July
United
200
26%
Feb
41%
Oil
—
8%
4%
1,200
8%
200
8%
20 %
9
•
Feb
Jan
Jun
18% July
16%
Jan
4%
Oct
11% May
18% Mar
100
Feb
8%
26% May
8%
1,500
•
•
30%
29%
31%
600
Nov
5% May
23%
Jan
•
11
10%
11%
2,600
—
42% July
—*
Oil
Co
Inc,'
Spring
common
Corp,
Corp
Wilson & Co common
5%
1%
1
*
•
5
7%
30
5%
700
Jun
Feb
42
May
8
Feb
15
Jun
6%
11% May
Feb
33%
Oct
5
2,200
Oct
23
1,900
.
Nov
7 %
July
26%
Sep
32% July
16%
16%
18
3,900
14%
Feb
23
73%
25
1
28%
45
X25%
__
—15
1
7%
28%
2%
Corp,,
Standard Oil of N J
100
Sep
Corp
Rexall Drug Inc—
Socony
,
common
Radio-Ketth-Orpheum
25 %
1
4%
1
—
common
America
Distillers
12%
14% Mar
—
5%
5% Mav
21%
'
Jan
Steel
700
8%
20%
4%
—
33%
Co
14%
—
Nov
14% Mar
■
•
Inc
13
—
—
2%
Corp
Pictures
Corp
13%
—10
Co
Inc
Oil
—
•
Co
Airways
—
1.
Corp
American
150
8
13 %
26
100
15%
13i/2
371/4
33%
—
25
Television 81 Radio
Pepsl-cola
64%
25%
100
,
5
Pullman
351/3
—1
—
Nash-Kelvinator
Apr
X64%
41
Feb
Jun
8
—
Feb
Nov
62
10y4
30%
4%
34
9y2
1,000
3
Sep
16%
35
100
Nov
10%
33%
700
50
16
—
3%
23
12%
16% May
5%
1QP
iy2
Feb
3
100
35
Oct
12%
5%
700
1%
4% May
6%
1,600
10
C»_%
Ry
2% Mar
1,100
15
5%
23
35
18% May
6%
4
17
'
Oct
5
13i/4
35
16%
Public
50
3
7%
Jan
12% July
550
Jun
11%
•
56%
10%
14%
33 %
Feb
Electric Co_l
23
__
14%
Oct
10v
50
1,700
•
50
„
15%
10%
86%
25% Feb
13% Mar
500
15%
10
Oct
Mar
14%
1
53
__
68
1,100
6%
100
Packard Motor Car
__
18% May
Utility Corp
Graham-Paige Motors
Laclede Gas Light
13 % May
14
__
Jan
43
Nov
General
Oct
11
48
Nov
10%
General
Jan
31%
10 %
Mar
37%
14%
Ourtlss-Wright
Mgr
15
10 %
44
100
•
Continental Motors
Farnsworth
220
1,500
—
50
Products
Gas
Jan
Oct
150
common
Pacific
Columbia
Oct
133/4
*
*
3%
Steel
Certain-teed
Jan
800
Bethlehem
2% May
300
5
31%
__
1
*
Chicago Milw St Paul & Pac vtc
Chicago Rock Island & Pac com
34
1
10
»
common
see page
17%
__
-
2%
Cherry Burrell Corp common
Chicago Corp common
For footnotes
Nov
14
5
capital
common
Biscuit
Util
17%
9
10
common
J)
common—
Ill.Secur
Convertible
650
2%
Corp—
(A M)
18%
6%
—1
Burton-Dixie Corp
Butler
17%
1%
1
Bruce Co (EL) com (newt
Bard
12% May
Jan
37
1
com
Mining
Copper
Jun
21%
Nov
1
& flt San
Armco Steel Corp
Atchison Topeko & Santa Fe
6% May
Feb
6%
10
Mfg Co capital
Laughlin Inc common
&
Feb
Feb
9%
3%
_•
&
Brach
Nov
7%
3%
—4,
5
conv
common
Corp
(George W»
Borg-Warner Corp
19 %
Anaconda
Jun
650
3%
5
Borg
15%
2,000
3
common
Brewing
Nov
1,050
3
Bendix Aviation
Berghoff
14
'
common
Seelig class A
18%
10
66%
Feb
20%
•
American Radiator
High
5
7%
—4
Manufacturing Corp
Barlow
150%
5
common,.
Bastian-Blessing Co
14
Low
Stock*—
Feb
16
700
15%
———*
52%
350
.
10%
common
Alleghany Corp
American Air Lines, Inc
Range Since January 1
12
4%
17%
capital- -1001
common
Co
16%
Shares
High
—
*
common
Bankshares
Unlisted
11
4%
common
Washer
17
Castings
Athey Products Corp capital
Automatic
14
common
Allied Laboratories
American
Low
—
common—.
Aluminum
Ball
of Prices
Par
'
Inc
Stores
Yates-Aiyer Mach Capital
Sales
Last
100
16%
21
common,
Wisconsin
Chicago Stock Exchange
53
16%
Westinghouse Electric & Mfg com—12%
Wieboldt
53
—
5
2
(The) common
Union Carbide & Carb
Jun
25
—
Corp
Trane Co
72%
74
600
69%
Feb
91
12%
13%
200
11%
Feb
15% May
22%
24%
400
16% Mar
'
,
23
11%
__
11%
11
12
2,100
2%
2%
1.200
xll%
11%
900
9%
Feb
29
Jun
Jun
Jun
15% May
2%
Feb
?% Mav
XI1%
Nov
17% May
,
Volume
168
Number 4751
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2037)
OTHER STOCK EXCHANGES
-RANGE
Cincinnati Stock
Week's
Range
Laundry
Mach
of Prices
Shares
Paper
Fibre
Cincinnati
C
N
Gas
&
Si
Elec
O
& T P
Cine &
Sub
Cohen
(Dani
Crobiey Motors
Dow
Drug
26%
26%
27*%
104
-S3
FeD
90
93 %
65
90
Nov
__
Tel—
Gibson
Kahn
5'i'r
*
!
U
S
&
•
1
Apr
8
100
Nov
100
20%
252
19%
107'A
Nov
917
19%
Apr
25% May
24 % Jun
46
38
45%
Nov
58
Jan
21
July
13%
50
13
Mar
16%
47%
47%
30
46% Mar
49%
40%
267
43%
22
497
22%
225
16'A May
40%
Feb
Sep
48% Oct
Feb
21% May
Jan
29
common
64%
65%
216
7
12
11
7%
12
Feb
American
6%
Jan
8
Nov
15
Jan
49Ya
47
Sep
50
Jan
110
45%
Jan
Airlines
American
Tel
Chesapeake
&
&
Briggs
&
Curtiss-Wright
Southern
Nov
32%
40
6%
Oct
35
37%
42
155
44%
148
Mar
158%
Jun
Sep
36%
45%
Jan
177
32 %
Feb
65%
27%
28'A
70
27%
Nov
32%
Jun
10%
11%
465
10 %
Feb
14%
Jun
2%
Feb
3%
Jun
3%
3%
200
7%
7%
9%
75
4%
Feb
7
27%
27%
27%
75
24%
Feb
._*
Electric
24%
26%
95
21
37%
38%
262
32
Mar
10
61
59%
61 %
405
0
37
36'A
41%
92
Mar
13%
12%
13%
40
12%
Feb
29%
32%
12% July
31% July
31% May
Feb
37%
General
*
-
Motors
National
Cash
New
York
Ohio
;
,
Register———
Oil
Central
;_*
•
__
Packard
Motor
Car—
Pennsylvania RR
Pepsi-Cola
Oil
Standard
*
Oil-
Brands
Oil
10%
27 Vb
4 % Mar
16%
Feb
"
22% May
10%
Nov
23%
Jan
Feb
41 %
May
7%
Feb
11%
170
17%
198
22%
75
—
72%
75
"v
5% May
8%
16%
—25
Jun
25%
22%
(NJ)
Feb
152
16%
313
Steel
S
Oil
Air
(Ohioi
——10
•_
Prod__.
27%
Steel
Electric
27%
1°6
3%
73
12.50
75%
150
25%
72%
—A
25
65
Gar
Wood
Week's
Motors
Brass
American
Manufacturing
Home
Prods
American Tel & Tel
Low
50c
com(Un)
3%
Graham
Hall
Paige
Lamp
Hoover
&
City Ice & Fuel
20
Jan
Howell
Electric
Jun
Hudson
Motor
Jun
Cleveland Cliffs Iron
Natural
Chemical
1
16
69%
Feb
92%
Jun
407
(Un)__
25% Mar
3%
35%
Nov
Jun
4% Mar
67% Mar
87%
33
Jun
Co
Nov
Gabriel
Tire
—
15
Co
Range Since January 1
3
26%
High
Jun
(Un)
Goodrich
(B F)
(Un)
Lakes
Bros
3% July
26% May
Feb
147% Mar
Hanna
(S
(Un)_
Interlake
Jones
McKce
Jun
45%
Jan
S
Radiator
National
N
Tile
Y
Central
Ohio
&
Edison
Ohio
Oil
Patterson
*
33
Jun
Wayne
19
Jun
Screw
12%
Feb
330
73%
Sep
81%
145
34%
Feb
42%
20
105%
Jan
111%
92
23%
Nov
34%
61
39%' Nov
25
32%
Feb
50%
Radio Corp
202
47%
Feb
69%
Oct
Bandlni
78
Feb
92%
Oct
Barker
85
S Steel
Van
Dorn
103%
•
51
Iron
10
1
Mar
3
Feb
175
18
Feb
23%
6%
1,555
Feb
9% May
19'A Oct
6
18%
18%
140
17
61%
61
6-1%
762
52 %
4% Jan
Feo
4%
4%
5
840
4%
5%
5%
53A
200
4
Sep
Mar
3%
3%
250
3% Nov
6
—10
com-.
20%
6
20%
1
13%
5%
100
Aug
6
•
20%
Oct
6%
Nov
5%
Jan
9
Feb
115
13
Jan
65%
8%
Jan
Sep
ioo
20%
13'A
Nov
Jan
23% Jan
15% Jun
6VB
6%
100
6V8
Nov
*
8%
14%
14%
15%
620
14%
Nov
8%
8%
22%
Jun
9
595
8%
Feb
15
Jan
16%
17
300
19
37%
Jan
Jan
—,
1%
10
1
3%
1%
300
12% Feb
1% Mar
36%
1
36%
390
33% Feb
3
1
common
3%
1%
1
1%
—50
._10
z
1%
3%
3%
13%
MM.
2%
__
•
common
2%
4%
4%
25'A
4%
4%
—
—5
400
2%
Sep
3%
1%
Aug
2% May
1%
550
3%
14
2%
4%
4%
17
6Va
1% July
232
3%
360
300
2
6%
2%
5
May
17
Jan
Feb
200
4%
Oct
1,325
3%
Oct
100
147/B
3%
Feb
25%
Feb
250
.
__
_
6%
NOV
12
Feb
16%
Oct
500
2% Mar
3%
Jan
752
17% Mar
23%
Jun
12
Jan
-1
2%
2%
2%
5
18%
18 Va
19%
9%
—1
1%
—1
Products
12
1%
125
9%
100
6%
Nov
1%
87/b
Nov
6%
F6b
1%
1%
*
Wire
9%
6%
M. —■
20
1%
1%
20
Jan
May
Feb
675
1
20
6 Va
105
15
—
common
Jun
5% May
Jan
33%
8%
11
13%
-
Jan
Jan
Sep
13
1,759
11
_
Jun
1% May
406
13%
1
_i
Jun
1%
26
17
_
—
Los
1,025
100
1%
20
100
Jan
Oct
7%
Sep
2% May
2% Jan
Nov
Sep
Nov
20
Angeles Slock Exchange
Friday
9%
Feb
16% July
Petroleum
Bros
Basin Oil
93
43
6%
Feb
Jun
53
Sep
31% Mar
1
20c
Blue
Bolsa
43
Chica
310
50% Mar
65%
47% Mar
64 >A
Oct
Central
160
38% Mar
50%
Oct
Certain-teed
Mar
33
Jun
Chrysler
48
Jan
Clary
103% 103 V2
10
104
Oct
Colorado
103
Apr
175
50
39
Feb
56
11%
Feb
16% May
75
Jan
36
31%
250
29% Mar
12'A
470
12
Feb
12
447
10
Feb
16
31
31
20
24%
Jan
3%
100
2%
Feb
al4'A
62
12%
Feb
3%
29% a2S%
a
29%
25
36
common——
(Un)
—
10
Oct
May
VA
35
5
18 Va
Jun
Sep
May
275
26%
Feb
43
23% May
16% Feb
27
Jan
103
30'A
324
580
(Un)
page 44.
2
•
•
|n
1
Multiplier Corp
Fuel
Iron
&
16
2,566
13
150
7%
Creameries of America,
Dresser
—
7%
905
10%
2,580
a34%a30%
40
—
—50c
10%
'
13
28%
6%
Nov
8
Aug,
13% Jan
0% Nov
28
Electrical
Exeter
Products
Oil
Corp
Ltd
class
Co
4
A
^1
Farmers & Merchants Nat'l Bank—100
Farnsworth Tele & Radio Corp
1
Garret
Corporation
General
Motors
(The)
Corp
McBean
2
common
k
Co.
10
—♦
15
Hancock
Oil Co
class A
Hilton Hotels Corp
Jun
Hudson
22%
Feb
33 %
Oct
Hunts
41
Feb
47
Apr
Independent Exploration Co
Feb
35
Jun
Intercoast
87%
Oct
Kaiser-Frazer
Holly
24%
145
67% Mar
10%
450
7
Mar
2
200
2
Sep
73%
79%
295
65%
Feb
14%
15
130
14
Nov
12
May
Kern
Foods
Lincoln
19% May
Lockheed
Co
Lane-Wells
1
——_——*
common
28'A
483
20% Mar
jl%
13%
210
13%
Feb
20% May
56'A
950
53%
Nov
65%
5%
5%
5%
1,050
Nov
6%
18%
890
12% Mar
22%
700
21% Nov
49
Aug
a9%
a9%
25
Nov
12%
Jan
20% Jun
9%
20
20
190
20
Nov
12%
—
12y8
65c
12%
960
12%
Nov
60c
Feb
65c
65c
1,800
302
302
20
5%
5%
6%
955
10%
295
Corp
Corp
Land
Co
Co
Petroleum
Aircraft
_6.66%
—
'
Co
Corp
14% Jan
95c
Feb
320
5 V* Mar
300
10
Jan
15%
Jun
1,936
51
Nov
200
24
Mar
Feb
65%
25
11%.
44%
44%
412
39
36% July
Mar
90
105
476
90
Nov
10%
10 %
Nov
48%
131
Oct
July
10%
450
3%
4
2,500
Jap
14'A Jan
6% Aug
14'A
14
15
810
14
Nov
22 y2
12
12
225
12
Sep
18% Mar
Oct
17%
Jun
1.70
Jun
—
'4
12
9
11%
10c
1.10
1.10
8%
8%
5
41%
1
Jan
Mar
11% Jun
61%
11 '/•
10c
Oct
60
33V3C
1
Sep
25
—
—
Jan
Jun
21%
1
Petroleum
County
3% May
89% Nov
Car
Inc
*
5
Development Co
Motor
common—*
com
Jun
17%
—
—
Jan
38%
Feb
21%
—
61 Ve
Oct
Mar
20
Feb
7
Jun
16 y4
F6b
Nov
13%
—
—
1
Industries, Inc.
27%
V% Jun
21%
£3%
—
—
*
1,300
7
9%
High
4% Sep
Feb
120
6%
—
*,
common
Liquidating Corp com—*
LOW
1,800
15
15%
—
2.50
22% May
401
2
Corp
15
27%
10
1
Products
Corp
Feb
7%
a72% a74%
•
•
__
42%
5'A
21 %
Jun
160
11%
a
21'A
__
Corp common—*
Corp ;
20
Goodyear Tire & Rubber Co
Jun
126
42%
5
'
Range Sixtee January 1
High
13
—
1
Gladding
34%
17% al7%
a27%
5%
'
♦
July
Feb
29
a 27%
Low
July
39%
27%
10%
a
Jun
15
11%
25
•
33%
a32 % a34 %
Corp
Packing
22
al4
Oil
Investment
40% Mar
-
*
(Un)
Shares
Oct
50
58%
2
Broadway Dept Store
May
21a
a29%
—
for Week
ef Prlcei
Inc—33Vac
10% May
<"
1
10
Co—
150
_
Works-—
Company
common
Home Appliances
Diamond Corp
43%
a
50
Sales
Range
feale Prica
STOCKS—
Week's
Last
* Jan
30%
al3
•
see
75
26
4
a42
a
Door
16
1,500
Oct
42%
—
•
__
42 V«
For footnotes
50
a7%
a
31
_
(Un)
Steel
al3
a60% a61%
•12
«
_
Warren Refining & Chem
Youngstown Sheet & Tube
Youngstown
32
12
— —
(Un)
common
100
3%
Apr
30%
Richman Bros
U
85
al3
al4
4.
Standard Oil of Ohio
8'% Jan
18% Jan
17%
Par
33%
of America
Republic Steel
Oct
20%
Oct
*
__
Jun
5
3V»
Apr
0
Mfg
RR
5
17%
a
common
Jun
__
■
B-
Sargent
Oct
37/b
6%
common
Oct
107
18
Consolidated
common
(Un)
20%
Feb
4,622
20%
*
Young Spring &
a39% a42%
RR (Un)_
Pennsylvania
Nov
2%
100
3%
5
17%
2%
common
Feb
California
—
—
class
16
—„
—
Aircraft
Nov
a42
pfd
Sessions
G)
100
,—*
ocmmon__
Brewing
Warner
3,466
"100
Steamship
(A
—
—50
Laughlin Steel (Un)_—
Island Lime & Trans—
&
16
3%
*
14
a7V«
common
&
Lamson
Feb
16
3%
l
common
Car
27
a58 Vb
Industrial Rayon (Un)
Interlake Iron (U11)
Kelley
24
lo
B
Superior Tool <fc Die
158%
»
cum
May
Feb
5
Corporation
Stamping
168
a37% a38%
10
common
4%'A
Ai
26
19%
1
S)
450
a45% a46%
•
.
__
preferred
(M
3% July
13% July
22% Mar
common
Timken-Detroit AxleUdylite Corporation
Nov
Nov
Apr
100
I
27%
a58% a60%
„„25
common-
Towing
2'A
10 % Mar
1
Manufacturing
16%
1
(Un)
Goodyear Tire & Rubber
Great
Halle
33
100
100
1
Bendix
—
—
common
141,434
135
_
Motor
Shellcr
a46% 346% '''
—
Electric
Nov
3A
11
23
Corp
Paper
Scotten-Dillon
a3S% a40%
*
Motors common
Jun
»
24
1
River Raisin
78%
*
1
General
Jun
21%
23
Peninsular Metal Products common. .—1
34%
:
—
General
6%
Nov
24
Davis
a24% a25%
4
..
_
Rubber
&
Mar
1
Screw Products
McClanahan Oil
a38%
—
Firestone
4
20
37.
5
Stamping
Pfeiffer
Jun
400
9,190
3
—5
Masco
Parke
Jun
10%
4%
Oct
25
Krcsge
Lansing
107
15
(Un)
Nov
1
15%
15%
1
(Un)_
Electric Controller
Erie Railroad
l6 %
% Mar
20%
"
Drug
355
37%
76%
*
common
__
1/128 Nov
■
Gas
Manufacturing
41/8
20
11
1
r
Eaton
4%
Feb
Jan
10
Motors
King-Seeley
a38
*
—
5'%
Jun
23
34%
__l
Car
27%
100
com
Cleveland Graphite Bronze
Dow
:
common-
6
Kaiser-Frazer
15%
*——1
—,
$4.30 preferred
Cleveland Electric Illumin
4%%
preferred-
Consolidated
35%
*
Controller
650
732
ft
Bearing—.
15
U
Clark
8
6%
1
Manufacturing
23
Low
725
150% 151
25
——;
7%
5%
20%
common
Ball
Hoskins
29
Shares
3%
a22% a22%
-100
Chesapeake & Ohio—
7%
6
1
common
Feb
High
3%
1
(Un)
1/128 Nov
Mar
for Week
Par
Akron
100
Va
1
common
GeriLy-Michigan
Brewing
Oct
Sales
Range
of Prices
32% Nov
Industries
14%
-Stock,Ixchangp«^®^^b«
Last
21
214
5
Manufacturing class
Packard
Friday
100
32%
Trailer
Gemmer
Murray
Sale Price
22
32
Nav_
Federal Mogul common
Frankenmuth Brewing
National
STOCKS—
65 3A
22
1
Mid-West Abrasive
Cleveland
1% May
17% Jun
Feb
♦
Products
22
30
3%
*
Wcstinghouse
27
—50c
Feb
10
Eureka-Williams r
Kinsel
Standard
Sep
53'A
56%
1
Detroit
42 %
1%
12%
15
53%
Divco Corporation
Electromaster
General
100
480
2,158
13%
—
Goebel
36'/-»
13%
common-,.
Steel Corp.,
Oct
Feb
53%
Detroit Gray Iron
Detroit-Michigan Stove
65%
29
Apr
Jun
1/128 1/128
Co
Detroit
46% May
18 Vb Sep
Oct
10 %
•
20
j
l'/8
13 'A
Nov
2%
com
Jan
Nov
9
339
30%
1%
2%
'100
9
29%
1
Edison
50% Mar
230
22%
9
*
common-:
common
Cleveland
Rights
34%
9
15
_■
—
11%
High
Feb
Jun
30%
29%
—*
—.
Vacuum
180
2%
150
1
Detroit
42%
50
18
8%
__
30%
—-
180
4%
17%
33%c
—
—
Standard
4"%
————50
Corp
Socony
*
200
1
Bros
Fruehauf
General
2%
11%
Continental Motors
Jun
27%
1
—_
Oct
Low
2%
common
Power
&
Range Since January 1
High
11%
Rights
10% May
242
*
A.
__
Dayton Power & Light
Fed Department Stores
25%
6%
11
.*
Commonwealth
Consumer's
Low
Shares
,—2
coni
new
Manufacturing
Detroit
264
__
——*
——
6%
43%
lQ
Gas
27%
150% 151%
150%
25
—
25%
6%
100
Ohio
Fuel
25%
——--1
—
Tel—
Service
&
-.10
—
„
for Week
1
Prod
Rubber
Davidson
Rolling Mill-
American
U
Metal
Baldwin
Apr
Jan
-
Stocks—
American
United
common
Burroughs Adding Machine
40
Sales
Range
of Prices
Par
Allea Electric
Chrysler Corp common
Consolidated Paper
12
Week's
Last
Friday
Jan
10
2-5525
Sale Price
STOCKS—
Sep
71%
245
Apr
167
43%
46%
62 %
215
650
12
42
—
764
216
"7
&
50
Unlisted
City Ice
Columbia
64%
__
.•
Woodward
Detroit Stock Exchange
Jun
23
45%
.
Telephone:
Jan
8% Mar
20
-—•*
Electrotype
Radio
Apr
7
47%
100
B
Preferred
Pure
6%
30
19%
22
Gamble
class
Printing
Cities
355
7%
18%
41
DETROIT
Jun
9%
13%
*
.
Building
Jun
10%
Exchange
Chicago Stock Exchange
Jan
18
13%
*
—.
Nfew York Curb
Exchange
Jan
13
Nov
100
__
—50
preferred
Randall
Rapid
81
Apr
15
Ford
Brown-McLaren
Procter
8A
Mar
10%
8
8%
23
10
common
-.L.
73
40
15
20
common
Lunkenheimer
72
12
7%
*
preferred
Kroger
76
Mar
8%
*
Sons
May
—
10
Mfg Co
(E)
5
12
__
Hobart
Jun
Jun
75
100
Art
102%
111
15
100
Detroit Stock
Exchangfe
Jun
505
—
*
.
V,
104
*
Insulation
cm
8
*
——
New York Stock
26% Nov
6
57A
'
76
*
.—
'
106% 106%
57/a
50
Yard.
common-
Eagle-Picher
May
Feb
__
Members
Jan
4 %
18
25
Preferred
Formica
32%
75
,.
Co
Nov
22%
__
100
preferred
High
3% Aug
200
22%
8.50
common
Cincinnati Union Stock
26'A
3V2
'22%
100
Bell
125
3%
•
—
preferred
Cincinnati Street
Low
26%
Watling, Lerchen & Co.
Range Since January 1
High
26 %
1
Champion
4%
Low
20
Baler a nk
12
for Week
Sale Price
Par
American
NOVEMBER
Sales
Last
STOCKS—
ENDED
Exchange
Friday
,
FOR WEEK
—
1.25
—
1.56
Jun
8,290
8%
1.15
450
97 %c
Feb
9%
1,805
8%
Feb
15
Jan
41%
41%
1,030
41%
Nov
51
28
28'A
280
.20%
Jan
30
Apr
Apr
1.20
1.35
2,800
al67/8 al8%
269
1.10 Mar
14%
Jan
•
1.60 July
24%
Jun
37
COMMERCIAL
THE
(2038)
38
&
FINANCIAL CHRONICLE
Monday, November 15, 1948
OTHER STOCK EXCHANGES
RANGE
Week's
Range
for Week
of Prices
Friday
Pacific Finance Corp common
Pacific Gas St Elec common
1st pfd
redeemable
5%
Pacific
Lighting Corp common
Pacific Western Oil Corp——,—
95c
Feb
lie
Nov
24c
Feb
13% May
3%
3%
31%
26% '
1.95
457
26%
Nov
Feb
51%
301
47% Mar
55
48
57%
Aug
23% Nov
50
100
2.50
5
5
5%
870
1
67 %c
32
7% May
70c
4,100
60c
15%
Jan
Ryan Aeronautical Company
.1
5%
5%
5%
700
4% Feb
17%
17%
305
17% Oct
17%
5
Inc
Stores
Co
&
__
-30
——15
Sierra Trading Corp
_•
25c
Signal Oil 4; Gas Co class A*
Signal Petroleum Co of Cal—
.1
Sinclair Oil Corp
,—*
Security Company
Shell Union Oil Corp
.
...
10c
9,000
151
160
28c
23%
2.100
25c
4,866
15 %
a8%
a8%
-28
—25
convertible
cumulative
4.56%
✓
915
28%
22%
25%
Pacific
Southern
Oil Co of Calif—
Standard
—1
cum
Transcontinental
Oil
of
Western
California
Steel
States
Universal
&
Consol
Air
lnc_5
Oil
Co
2.101
9%
Feb
19%
Nov
23%
210
12%
Oct
17
Sep
17
Nov
13%
10
35
21%
Unlisted
67% Mar
86%
35
44 Ms
Alleghany
Corp
'
Power
Feb
1.80
Light
&
American
Tel
American
Mar
5c
Viscose
Anaconda
&
2%
29%
2%
30%
630
Co——1
a52%
150%'
,150%
14
Corp
1
6%
6 ('2
7%
100
965
Corp
(111)
10%
Nov
12% Mar
105
151
Oct
a7%
1
48
1,996
&
Barnsdall
Ohio
Mar
65
Co
64
Aug
69
Corp
46%
33%
525
32
Feb
40%
27%
330
27%
Nov
(The)
8%
Oct
15
8%
100% 100%
a37% a38%
289
91
Jan
138
37%
Sep
935
4%
Feb
—
a37%
6%
Low
Low
High
22
,
Range Since January 1
Shares
23%
254
149% 151%
2,532
12%
13%
110
30
71
45
66%
66%
17
Jun
116
May
74%
Nov
8%
670
16%
1,220
458
10
61
60
61%
5
19%
18%
20%
10
-50
10%
10%
11%
5%
5'%
150
7%
7%
7%
3,331
5% Mar
17%
17%
18%
2,749
17%
17%
18%
3,159
17%' Sep
16% Feb
.
,,
—
Navigation—
RR—*.
&
Valley
—
7%
—
dlv
7%
65%
Jun
13% July
Mar
n
18% May
Jan
15% Mar
49%
Apr
11% May
Feb
8
52% Feb
656
56%
56%
Sep
Oct,
50% Mar
657/8
410
17%
Feb
25% May
914
9%
Oct
13
4%
Feb
4,200
May
7% May
8%
Oct
20% July
37%
38%
295
Oct
20%
22%
5,849
20%
Nov
24%
Jun
22%
22 7a
23
252
21%
Feb
25
Mar
37%
36%
37%
837
28
Jan
45% July
20%
20%
21%
803
20%
Nov
2374 July
25%
•
37.%
22% May
48% Apr
21
—
com
71
9
8%
53%
Apr
Jun
Feb
Mar
12%
71
110
110
High
27%
158%
Nov
22
147% Mar
50%
26%
419
25% Nov
28% July
21%
23%
841
preference common—*
Dome
.—.—50
Oil Corp
common
Co—
Oil
22
1
Paper
9%
9%
*
—
47%
48%
36%
•
123
67%
163
»
67%
7
v
7%
Gas
—
United
Gas
Improvement—:
—'
Westmoreland Inc
102
33
Feb
44
a30% a32%
175
27%
Feb
37%
34
30% Mar
39%
250
20% Nov
41
215
39 % Mar
56
440
47
9%
9(4
113
(N
Y).r
Curtiss-Wrlght Corp
common..:
.
3
22%'
...
.
8
1,220
a58
212
24%
Nov
Jun
16% Mar
Feb
Mar
10
•
Jun
69
Jun
25%
Nov
33%
•7%
Feb
13
7(4
9%
2,685
4%
a20% a20%
85
Jun
July
Feb
12% July
20
Feb
32
Mar
39
38%
34%., Feb,
40
2,338
11%
Nov
15
a58% a61%
HO
51%
Feb
62%
3%
Nov
6%
285
334
580
41%
41%
300
11
600
•10
32
Distillers
York
Corp——
Prod Corp—
Central
American
•
RR
32
785
32
Aviation
42%
—1
37% Mar
*
48
North American Co
Northern
Oil
Packard
10
Pacific Rwy Co
Feb
Company
Motor
American
38
San
Paramount
Co
Pictures
Inc
Pullman
Oil
Inc
33%
25
33%
Oct
Nov
16%
Jun
Bank
Tel
American
10%
42%
Feb
60%
Oct
Brown
8%
355
8%
Feb
10 %
Apr
Radio Corp of America
!
15
530
Nov
19%
Apr
95
15
31% Mar
48%
260
15% Mar.
21%
17%
390
17"%
Nov
22% May
14%
505
12% Mar
9%
981
8%
Nov
18% July
13% May
15%
2,401
15%
Nov
16%
Jan
17%
563
17%
Nov
27%
26% Feb
40%
Jun
Feb
.
Jun
&
Socony-Vacuum oil Co.
Southern Railway Co
Standard Brands Inc
Standard Oil Co
Brew
common
For footnotes
see
page 44.
Jan
455
31% Nov
39%
Jun
774
8%
307
4
4
100
70c
70c
100.
11c
10c
10C
12%
34
33
33
8C
36
;_.*
2,500
12%
34
7%
Feb
Apr
Jan
10
4
Nov
5% July
Oct
1(4
10c
Mar
19c
Jan
May
11% Mar
15
Jan
33
38
39%
Aug
Jun
33
Juti
652
Apr
32% Feb
26(4
428
24%
1,000
6
65c
36%
,
2-1%
—12.50
Nov
Exchange
Week's
Sales
Range
for Week
Sale Frice
of Prices
Low
"Par
150%
__3
Shares
9
Range Since January 1
Low
High
High
Sep
7
Apr
9%
Sep
Oct
840
9
-
155%
100
150(4151%
9
150(4 Oct
31
100
31(4
175
27
Feb
33(4
17%
31%
..—1
17(4
70
16
Apr
20
Jun
115
May
27
Nov
112% 112%
3
24%
25
37%
37%
61 (4
59%
39(4
61%
58%
58%. 60
210
38
38
38
25
14%
14%
2(4
2(4
111% Jun
15
85
...1
•
1.10
Brew
6
4%
Feb
5% May
110
8%
Feb
11% May
Laclede
22%
Feb
International
Shoe
*
40%
20%
755
18%
Feb
26 % May
17%
585
16%
Feb
21% May
9'4
680
8%
NOV
22
Jan
May
Midwest
May
Missouri
10,14
11%
1,571
Feb
15
Jan
7%
714
715
7% Nov
11
May
a2%
185
a2%
35
28(4
29"%
1,154
a8%
a8%
50
a26(4 a26%
79
17
17
ig
1,555
*
41(4
41(4
41(4
140
a21% a22%
41
-41
80
,
335
8
'
2%
Oct
22%
Feb
Meyer .Blanke
North
Rice-Stix
5% May
33%
Oct
2nd
Feb
23%
Sears Roebuck & Co
35%
Feb
47
May
Service
Jun
Stix-Baer
52%
Jun
Wagner
common.—
St
Fuller
Electric
30
573
39% Mar
9*
,
"
100
40
33
2%
AUg
Feb
Mar
45%
Jan
9% Nov
12
Jan
Nov
17
Jun
13
32
20
28
Mar
34
Oct
23
23
45
22
May
23
Nov
10
18%
18%
50
18% Nov
23%
Jan
18
18
18
.
*
5%
16%
18 (4
16%
15 (4"
15 Va
28
28
127
127
18%
;
~
1
Mar
19
May
13% Mar
22
July
16% Aug
19
23
14% Mar
17%
50
24
30
July
131
Feb
Apr
Jun
Jan
45
126
100
20
Mar
5
Aug
18
100
16
May
42
262
32% Feb
17%
210
15% Mar
13%
13%
15
17
75
17
17%
5
—
-
50
255
500
14
835
13
Feb
17% May
47
50
167
47
Nov
55%
18
_•
commons
common.^
6% May
5%
5
•
-
4% Apr
21%
21(4
—50
;
260
37%
10
class A
Sterling Aluminum common
28%
Mar
22% NOV
..100
15
22% Sep
205
*
preferred
38
Jan
10
St Louis Car common
Steel
Jun
24
200
14% Aug
1% Oct
—25
(Un)
common
St
Scullin
42%
5
32
common
Public
68
Mar
33
13
com..
Cement
13% May
32% Apr
Louis
9(4,
*
common
11% July
26
Feb
Jun
;
Piping & Supply
American
Nov
May
13
.4
...
common:
Portland
66(4
Mar
25
McQuav-Norris common
a49% a53%
42% May
51
20
common
Steel
*
5
Land is Machine common
8%
:
31% Mar
692
41%
40%
common;
Johnson-s & Shinkle common
337
.
23(4
22%
Laclede-Christy common
Gas
'
.50
360
44
41
Nov
33%
1
—
320
49 (4 May
*
Aug
317'a
15
32
57
——23
9
31%
common
434
15
__
(Ind)..
23% May
24%
52%
—.——100
a8%
Feb
C—1.75
Feb
Mar
Preferred
Nov
..
6%
11% Mar
30
Huttig S & D common.
5
Hyde Park Brewing common.
—4
Hydraulic Pressed Brick common—1
36%
28%
,18% Feb
199
*
Tel—
Griesedieck-Westem
25%
•
80
1,241
Jun
.
41% Mar
50c
7%
22%
33
General Electric common <Un)—
966,
15(4
950
__5
—
Paper Co
Schenley Distillers Corp
36% Aug
33
...«
com—
63% May
55%
(k
440
St Regis
Nov
33
♦
Falstaff
3134
7%
31%
17
Nov
10
31% Mar
36%
1
2
21%
3
,
Manufacturing: Common
Emerson Electric preferred
29(4
Radlo-Keith-Orpheum Corp.
Republic Pictures Corp
Republic Steel Corp.
32%
May
300
*
Burkart
shoe
36%
..
27
3
Bldg St Eqpt common...
_•
...
—
39(4
Feb
3
.»
•
•
...
Company
Feb
21%
7%
1
20
1
,
23%
22
STOCKS-*—
Laclede
Pepsi-Cola Co
Phelps Dodge Corporation...,
Jun
Jan
10
19%
——
17%
—
19% May
90
28(4
Last
585
32
50
Jun
14%
32%
Spring.'
4%
1
Pennsylvania Railroad Co
Mar
10% Feb
23%
1
a8%
__
13
606
26 %
Friday,
25% Mar
17%
a8%
145
11%
St. Louis Stock;
186
15%
•
2%
15%
.10
Air Brake
Electric Corp.
Westinghouse
630
10(4
Feb
22%
Vanadium Alloys Steel
Westinghouse
High
33%
25
*
——
Steel
Low
69
10%
5
Range Since January 1
..5
Toy Mining
Standard
Shares
High
14%
;
Oct
.8%
—
•
—
Car
Airways
Low
13% May
Nov
1314
15%
100
-
Feb
24
for Week
1
Pittsburgh steel Foundry
Renner Co
Jun
17%
__
23% May
Sales
Range
10
Oct
54%
__
Inc.
Week's
11%
Pittsburgh Screw & Bolt Corp
56
15
•
;
July
14%
Co
Pittsburgh Brewing $3.50 pfd.,:
Pittsburgh Plate Glass.:
,
15
17%
20 %
27%
Nat Fireproofing Corp
a31(4a31(4
..
69
26%
Gas.
Mackintosh-Hemphill
Mountain Fuel Supply—
8%
—.8
20%
.10
General Motors common (Un>
Nash-Kelvinator
20%
—*
.....
Manufacturing
Lone Star
55
a31(4
Nov
of Prices
Jan
1,276
10(4
•
Steel
*
334
__
20%
26%
Oct
10%
420
—•
Electric
&
July
—'
1,780
20%
*
Jun
11%
..
Feb
374 May
2
26% Aug
38%
a29% a30%
18
8%
6%
50
Jun
11%
—*
*
7
-
21%Mar
610
..
Montgomery Ward ds Co Inc
2% Feb
617
273
—.*
Robibns Inc.:.
4,414
9(4
•
&
14%
23
546
Joy
_
28% May
3% Oct
Sep
37%
!
Inc
10% Feb
25 %
Steel
Harbison Walker Refractories com
Jun
8(4
..
1%
Feb
2%
Sale Price
Co
Gas
Follansbee
Apr
63%
25%
-
Libby McNeil & Libby
61
7(4
,
,
a58%
Blaw-Knox
May
25%
,
Graham-Paige Motors Corp
1
Great Northern Ry Co preferred.—*
Greyhound Corporation
3,
International Tel & Tel Corp
Kennecott Copper Corp
3(4
7(4
7%
.
—*
Illinois Central RR Co
Mar
Ludlum
Columbia
42% July
19
Nov
33
75
—_*•''
Int'l Nickel Co of Canada
51
■352
25%
Corp.—
Utilities Corp.—*
—
165
a55
1
General Electric Co
Mar
204
11%
7%
.1
A
10
51
8%
——•
Allegheny
Oct
65:
July
11% May
Feb
46
11
3%
22%
•
1.
5
(The)
125
a25% a26%
.1
5
Curtis Publishing Co
13%
•
Jan
8 %
46
...
Jun
Sep
%
20%
Par
28% Mar,
51
•
....
McKesson
1,215
22%
..
...25
*
Continental Oil Co (Del)
Crown Zellerbach Corp
(BP),.Co
35
20%
12%
50% Mar
200
1
20%
Jun
70%
2%
Last
Jun
13%
12%
50% May
1
Friday
Jun
41
Sep
Pittsburgh Stock Exchange
16% July
'
27% July
Feb
7%
2%
—13%
10
17% Jun
Feb
*
Consolidated Edison Co
Goodrich
Feb
10%
55%
1
10 >
.
Consol Vultee Aircraft Corp..
Continental Motors Corp
Public
12%
1,400
__
'
—25
Inc
System
Foods
280
12%
__
16%
39% Mar
•
Oct
13%
..
50
1
...1
1
—
117% July
49% July
10%
a31%
*
Commonwealth Edison Company
Commonwealth & Southern Corp
Pure
for Week
Jun
a35% a37%
15
Canadian^ Pacific Ry Co
Caterpillar Tractor Co1
Cities Service Company
Pan
Jun
Sales
Range
49%
May
' 13%
_
11%
—5
Company (The)
Ohio
Week's
11—..13
——
31% May
530
8%
•
-5
Borg-Warner Corn
North
11 % May
49%
Sep
33%
27%
__
—5
...—
Steel
Borden Company
New
Feb
Sep
of Prices
22%
,
Tonopah Mining
Corp
Oct
Nov,
33%
100
•„
Corp
Boeing Airplane Co
Nat
Jun
7(4
44%
•16%
United
May
41
41
5
Aviation
Loew's
May
33
70
16
Sun
157% May
94
41
—13
Works.
RR
Oil Co
Bethlehem
.
14
24% May
-
160
%
49%
Scott
Oct
194
a61% a62%
—5
Locomotive
Baltimore
General
a8%
a43 a44
a43
10
STOCKS—
General
NOV
_•
Salt
16% May
148% Mar
41
Topeka & Santa Fe Ry—100
Refining Co—
——25
Avco Mfg Corporation (Del)—
3
Class
24%
—
Reading Co common
4% May
*
Atlantic
Columbia
503
common—50
Corp
Public Service El & Gas
41% May
10
Mar
3
385
.
Mar
29% Nov
60
10
—
Atchison
Budd
24%
24%
150%
Storage Battery
$1.40
450
7%
7%
14% 15%
a52% a537/8
..
100
Co
&
6%
6%
Refg Co.———*
Tel
Copper Mining Co—
Steel
Bendix
24%
12%
—
Jan
—•
Corp.*
—
American Woolen Co
Baldwin
Feb
Corp ...
:
1
Pennsylvania Power & Light
Pennsylvania RR
50
Pennsylvania Salt Mfg com—
10
Philadelphia Electric common——:•
$1 dlv preference common—
;*
Philco Corp common
,
3
Apr
2c
——.I
—
St
American Smelt
Armour
70c
2%
*
American Radiator & Stand San
Arraco
400
2,000
1*
;
Co
Mfg
Airlines
American
Nov
18%
60
a
July
Apr
Stocks—*
AUis-Chalmers
American
1.10
2%c
—
9%
75
al7
Sale Price
Pennroad
July
Nov
1.05
2%c
1.05
Feb
237
9%
al7
—
Publishing Co
Lehigh
Oct
Feb
20%
1
-25c
38%
9%
17%
a40%,a4154
9%
*
54%
Lehigh Coal
Mining Stocks—
Cons Chollar C & S Mng Co——
Imperial Development Co Ltd
2%
2%
5
General Motors Corp.
Gimbel Brothers
38% July
1,405
1,437
-
.
3% May
49% May
1
Delaware Power St Light
20% May
5,413
38%
36
13 % July
36
76
19
2%
Feb
Corp
Electric
Jan
30 %
Nov
2(4
Company
Curtis
Sep
10%
20
11%
820
50
*
2%
—•
13%
Chrysler
20% May
100
3,327
73%
235
preferred
partlc
Budd
Oct
15 al5%
..
11%
Works.
Securities
6 '/<■
15% May
670
20%
*.'
...
12c
a
..
common—.25
Corp—
Jan
55
10% 11%
all%'al27/8
10 %
11%
.—100
Locomotive
Bankers
34% Jan
62% July
72% Jun
1,612
all,%al2%
al5
—2
Feb
32 %
44% Feb
1,050
11c
al2%
•
—:
—
30
10
*
Baldwin
29% July
19%" 20%
...
—-50c
Textron, Inc common
Jan
66%
11 %c
92% Aug
American Tel St Tel
July
26% Nov
25
53%
28
60%
—
25
Transamerlca Corporation
50%
__
'
•
-
Sunray Oil Corp common
4%% class B preferred—(
conv
—
"
•
Company—
Oct
Nov
American Stores
Feb
,623
'550
Apr
43
Feb
Par
Jan
26% 27%
a32% a32%
26%
California Gas 6 pfd cl A—25
Southern
May
24% May
27
Oct
25%
Last
14% Mar
20
23%
9%
19
Aug
39%.July
285
87%
Friday
30% July
233
26
,
6% Nov
180
19
%
a 39
23%
Mar
Mar
23
26%
—25
preferred
pre!
conv
1.100
7%
37%'
175
—
STOCKS—
32% Jun
1,234
.
a
Jun
68% July
Jun
32
Philadelphia Stock Exchange
Oct
25
26 %
8%
19
May
55c
Sep
Feb
8% Feb
60
29%
26%
22c
215
Feb
26c
21%
26%
4.32%
Oct
156
28 %
4.48%
9c
122
Feb
67/s
a37%*
Jun
44 (4
Feb
28c
22%
25
cumulative
4.88%
United
500
110
Feb
19 V«
10
52% May
Calif Edison Co Ltd com—25
Southern
Union
Mar
28%
49%
810
324
Inc
42% Nov
70
uc
.1
Aircraft Co
$1.25
Apr
Feb
loc
—
Solar
15%
32%
46
160
24%
22%
25%
(Del)
Jun
20 %
645
764
49% 49%
36%r 36%
...
a60% a6l%
a61(4
Jun
66%
Feb
20% May
17%
17%
a38%
53%
36% Jan
30% Mar
541
87%
Woolworth Co (F W)
Mar
7
a37% a42%
1
—*
Finance Co
Roebuck
Jun
49
215
25%
Telegraph Co—
Westinghouse Electric Corp
Willys-Overland Motors Inc
1.30 May
Nov
3,604
29 %
87%
—
30%
85% July
Feb
53%
53(4
50
.
Pictures
Bros
Feb
M
1,110
..—..5
Co..—
Western Union
Nov
26
Rears
Warner
High
71 %
446
24
a29% a30%
a29%
•
United Air, Lines Inc
United Corporation
U S Rubber Co
74
•-
■
LOW
74
23
CO—
Range Since January 1
High
22%
74
*
■
Carbon
Aircraft Corp
Jun
6%
65c
Low
25
M
*
Corp
&
Jun
Sep
_.
Seaboard
United
Jun
3%
•
Safeway
Shares
1
Union Pacific Railroad
Feb
July
5
'
common
Co
for Week
25
J)
Twentieth-Century Fox
38% AUg
Mar
22
lr210
(N
Co
—AftftrtPintftA Oil CO
Wftt.PT
Union Carbide
27% Sep
49
Co
Tri-Continental
Jan
230
500
Corp
Nov
36
5%
OH
Tiri<»
21% Jun
4%
Richfield
,
3%
Feb
15% Mar
5
Rice Ranch Oil
Apr
30% Mar
Oil
Corp
Swift Sc Company
•l*v»s
Ontnpftny
Texas Gulf Sulphur
Jun
70c
Mar
Standard
Studebaker
julv
170
23%
—
1 os
1,980
18
49% 49%
a49% a51%
a41% a41%
23% 23%
23% 23%
a50%
6%
35c
63,065
2.40
—
1%
500
18
31%
26%
—
31'/a
90c
136
Puget Sound Pulp Se Timber Co
*
Republic Petroleum Co common——1
1
Drug Inc
3 Vi» Mar
1,000
—;
Reserve Oil St Gas Co
Rexall
1.80 Apr
Jan
2,210
1,8GG
—
10
*
10
Pacific Indemnity Co
Jan
00c
2 (4
1.10
1.25
11c
11c
al0% all%
35c
35c
Sales
Range
of Prices
Par
90c
—
1
io
25
25
Oceanic Oil Co
STOCKS—
High
1%
1-25
1
1
1
Corporation Ltd
Northrop Aircraft Inc
Occidental Petroleum Corp
Low
450
—
Manufacturing Co
1
Merchants
Petroleum
Co.————1
Nordon
Range Since January 1
—
1
Oil Co
Menasco
Week's
Last
Sale Price
Friday
Shares
High
tow
For
Mascot
13
Sales
Last
Bale Price
,
STOCKS—
FOB WEEK ENDED NOVEMBER
.
,
:
-
Apr,
23%
7
21%
43
23
Feb
Feb
Oct
Nov
July
Feb
,
din
Volume 168
Number 4751
COMMERCIAL &
THE
FINANCIAL
CHRONICLE
(2039)
OTHER STOCK EXCHANGES
RANGE FOR WEEK
ENDED NOVEMBER
12
Friday
PACIFIC COAST SECURITIES
Copper
Corp
Co.
Class
WALL
14
Alaska
Co
Juneau
(Un)
Week's
Gold
Min
American
Airlines
American
Factors
American
Amer
Power
Radiator
Inc
&
&
American
Tel
American
Light
(Un)
San
Tel
.__14
Woolen
Co
(Un)
•
Anaconda
24 Vt
15%
260
15
Nov
20
a2.40
20
2% July
a33% a33%
72
32% Mar
ft
Co.
'
20
Copper Mining (Un)
California National Bank
Armour
Atchison
Atlas
Co
&
(111)
Top
Corp
&
Imperial
Avco
Mfg
Baldwin
of
(Un)
Engine
Nov
4% May
National
6%
Oct
10
27
Jan
National
11%
Jun
Natomas Company
300
280
20
Feb
100
510
12% Mar
193
51%
1,627
16% May
N
Y
67
Jun
North
148 V-t Mar
155
Mav
North
American
Feb
70
Jun
North
American
50'A
(Un)
RR
Co
Aircraft
(Un)
Home
37
Mar
57% Aug
North
31
Feb
40% May
Northern
1,013
27%
Nov
32%
8
100
7%
Nov
15
485
89%
Feb
106
20
Feb
Sep
Sep'
9
4%
Feb
7V2
Nov
180
12%* Mar
17%
11%
250
10'A
300
5
Oil
Jun
230
Mar
360
July
a37% a37%
10
38
Sep
42
May
10% al0%
20
9
Jan
12% Mar
31%
20-
31
32
420
26%
Feb
a!2
Bethlehem Steel
33%c
(Un)
al2
35
13%
Oct
•
Blair
Holdings Corp
Co
38
35
949
10%
10%
11%
1,860
3%
3
30% Mar
6Va
39%
30
Feb
Jun
3 %
3,494
3
Feb
4%
Jun
a20% a20%
10
23
Feb
29'%
41% a41 %
10
40'A
Sep
43%
Nov
52 V2
Nov
64%
Oil
26
430
25
Nov
34
5%
5%
1.000
7%
7%
300
50
50
58
47
_*
34%
36%
844
28
Feb
40 y2
1%
alO
alO
10
Apr
15
26
*
25
5%
Byron Jackson Co
52%
Cement
Co
California
Cotton
Mills
California
Ink
California
Canada
J
5
—„
Co
——
Packing Corp com.
Ginger Ale (Un)
Dry
Canadian
Paciiic
Caterpillar
Ry
(Un)
-Tractor
25
Co
12%
_•
Celanese Corp of America
Central Eureka Mining Co
51%
•
May
25
Chesapeake & Ohio Ry (Un)
a35
Jun
13%
10
9
Jan
51
Jan
Jun
May
Mar
19 y8 May
51%
51%
280
50%
Sep
68% May
31%
340
30%
Nov
38
1.20
1.20
1.3Q
3,500
a34% a37%
603
37 %
100
8%
68c
Jun
1.95
voting trust ctfs
Preferred
voting trust ctfs
Chrysler Corp
100
Service
Co
a32%
2.50
___
Cities
55
fUn)
Nov
3%
Colorado Fuel & Iron common
Preferred
44%
Jan
Nov
11% July
Columbia
River
Commercial
Packers
<Un)___
(Un)
'
Vultee
Di
of Amer
Zellerbach
Giorgio
$3
Co
America
Corp
(Un)
Corp
cl
5
Kodak
Oil
Dorado
of
Products
Electrical
Bond
Electric
Co
Works
Eureka Corp
Farnsworth
Food
Kleiser
&
General Electric
General
Co
(Un)
Cum
Paint
Glading
McBean
State
Goodyear
Great
North
Greyhound
Hawaiian
Holly
Ry
Pineapple Co Ltd__k
class A
Battery Co
Idaho
Maryland
a45%
Power
Corp
100
Co
International
Nickel
of
International Tel & Tel
Johns-Manville
Kaiser-Frazer
For
Corp
Canada
Pacific
footnotes
see
page
Pacific
$5
Jan
2.45
3.50
6,400
31%
31%
220
27%
class
3%
•
*
A
85
Preferred
pacific
5
12%
38
178
I
15
30
1.05
65
JUn
12% July
*
60%
Oct
Mar
Apr
5%
Oct
44
Sep
15%
Oct
13%
Feb
16
Jun
42 y2
Jun
3fj Jan
Jun
21 y2
Jan
5yB Mar
1,485
32
86
7
a
14%
11%
Tel
a40%
Packard
Pan
Motor
316
34% Mar
5
Feb
46%
Jun
7% May
American
Paraffine
9,855
33 %
33%
27%
27%
472
26%
26 y2
26%
2,283
Pepsi Cola Co
Jan
Mar
35%
Apr
27
Nov
29%
Jan
26%
Nov
27%
Sep
51
Nov
51
Nov
33
833
103
103
25
51
54
520
136%
137
90
23%
581
23
23
55 Vb July
Mar
47
104
101V* May
Jun
Oct
Jan
61
Jan
138
Oct
22 V2 Mar
26
Jun
20%
115
95
247
90
Feb
104 Vb
Jun
80
130
Nov
146%
Apr
•
4%
4%
830
(Un)
•
a20'/a
50
al7y4
8'/2
21%
8'A
Nov
11% May
Nov
28
18%
Feb
26 % May
17
75
al7%
a
17%
225
8%
9
Feb
22
53%
53'A
280
May
Nov
22
Jan
Feb
58% July
14
15%
40
a57 Va a60%
231
8%
433
25
5% May
Feb
20
963
33w
(Un)
4%
260
20
20
J
(Un)
8%
a20 a20y8
8%
•
P100
*
7Va
Philippine Long Dist Tel Co
Petroleum
Inc
Pullman
Co
;
cap
Oil
Pure
(Un)
Co
Radio
Corp
Radio
Keith
of
41
May
Equip
Railway
Rayonier Inc
15%
Feb
2,751
21%
Nov
29 %
Aug
100
42 V*
Oct
49% May
26%
Feb
42% May
60
21%
24
a35% a35 %
10
31%
893
10%
11%
1,675
8
Feb
a7%
a7%
50
7
Oct
9%
11
400
27%
29
225
22%
32%
32%
162
31 %
29%
11
a7»A
*
—
1
29
25
—:
75 3A
Aug
10%
21%
1
Realty common
&
common
Preferred
18% May
Feb
10
10%
*
(Un)
(Un)—
Feb
55'A
10 Vz
0
—____"
America
Orpheuni
a57%
•
*
(Un)
15
Jun
Jun
11 Vb May
11
Nov
Feb
35
Jun
Feb
34%
Jun
6% July
*T''
33%,Oct-
920
22%
Feb
Reynolds Tobacco
34%
35
210
34%
Nov
40%
Rheem
18%
19%
1,283
18%
Nov
24
15%
Jan
48% Jun
Republic Steel Corp
(Unj-twi'^M
Richfield
Oil
Bros
26%
25% ' 30 %
1,480
(Un)
*
22%
21%
23%
—
Maurlcio
1
-
545
15%
Feb
26% Oct
27
100
27
Nov
34 Va May
5%
100
4%
Jan
13%
130
13%
Oct
17% Aug
a36Vs a36%
79
4.56%
Standard
Oil Co
Standard
Oil
&
32 y«
Jun
Feb
23
Jun
26 %
Nov
34
May
(Un)—•
a28%
a28 '/a a29%
227
30%
Jun
27
298
23
Nov
28 Va
Jan
*
a
25% a27 Va
120
24% May
28 Va
Jan
26%
NOV
29 % July
62% July
93
(Un).
J
__
2,205
(Un)
•
25
1
25
25% Mar.
26%
28
200
50
53'%
2,188
44
Feb
25'%
25%
288
22
Feb
8%
50%
.
—1
2
(Un)—
Co
Feb
14%
Calif—
of N
Corp
15
927
*
Standard
Studebaker
Jun
2,576
—_
of
46%
17%
common,..
Brands Inc (Un)
Co
Oct
30 Vb Mar
28'A
Pacific Co
3perry Corp
Spiegel Inc
42
16%
25
—25
preference' ———25
conv
Jun
21c
Feb
26%-
.
23%
_—
Southern
May
Nov
16%
26%
preferred
preferred-.,
4.48%
21
8c
32%
8
15
Southern Calif Edison Co com
Swift
848
a
37 V2
Apr
21%
(Un)
Oil
Pulp Co!
Socony-Vacuum
Soundview
120
23,700
17%
8c
—
7%
18% May
22%
(Un)
Corp
Oil
18
9c
41%
a
'
.
Jan
May
27
_~
a 15%
—5
P 10
•
18
*
Mining
Sears, Roebuck & Co
Shell Union OIL
Sinclair
.
•
Safeway Stores Inc
San
30
-
—J
Corp
Riverside Cement Co class A
Roos
28%,
#
"B" (Un)—lL—10
Manufacturing C6----A.UL
1
Texas
30%
Jun
110
8%
Nov
13% May
135
22%
Sep
29
Jun
61
66'%
3,203
54%
74'A
a22Va
61
8%
a22'/8 a23'/a
74%
438
Jan
73
Jun
69 3A
Feb
90%
Jun
22%
170
16%
Feb
28% May
30'%
50
31%
Sep
36%
55%
55%
527
52%
Feb
66 Va
Jun
22%
24'A
1,190
19 %
Feb
32%
Jun
10%
11 Vb
8,020
10 %
Nov
13%
Jan
13%
22%
a79%
a29%
Tide
Corp
Transcontinental
Union
Mar
65%
60
61%
2,903
51
14
15%
650
14
16%
100
25
100
13
14%
3,685
45'/a
631
16%
*
£39% u44%
91%
Oil
Union
Nov
Feb
38
Nov
20'A
Jun
48%
Oct
40
10 %
91%
Mar
Feb
Nov
July
48
May
13% May
138%
Oct
17%
573
16%
Feb
22
Apr
17%
100
17%
Nov
361
Jan
3%
4
550
1.60
Jan
Nov
10% May
Feb
78"
22%
14%
200
14%
Nov
12
12
100
12
Nov
1.70
1.65
1.75
1,980
c31% a31%
40
11%
3,135
1.65
Nov
.31% May
8%
Oct
a29% a30%
195
25
Mar
a9% al0%
295
11
Nov
a37% a37%
84
-
-
4,590
5% Aug
52%
5
34
8%
Calif
of
Sep
Feb
19
.2.85
May
Jun
Mar
Jun
Co
Air
10 %
a
Jan
Aircraft
United
Air
United
Corp of Del
S
Steel
Victor
Sugar
Warner Bros Pictures
Preferred
Union
Jun
Western
Jun
Westinghouse
42'A
15
July
Jun
Jun
Yellow Cab
Jan
Preferred
Feb
38% July
13%
Nov
20
23% a23%
20
23'A
Feb
30 Vb May
231
10%
Oct
Co
(F
common
'
Telegraph
(Un)
Corp <Un)
Motors
W)
(Un)
Co common
30O
,
19
Apr
3"% May
Oct
2'/a Mar
1,662
Jan
68% Mar
2%
2%
72%
75%
36
36
2.50
2.50
100
10%
10%
100
25'A
25%
9 %
9%
350
70c
78c
2,421
5'%
6%
3,541
4%
Feb
10
Jun
15%
15%
25
13%
Jan
17'A
Aug
r.22'% a22'/a
50
19%
Feb
24% May
a27% a28%
84
33
Jun
a66 a66%
62
a__
'—
al7al7Va
40
24%
510
5
1
1
5
—1
RR
Elec
Willys-Overland
Woolworth
(Un)
(Un)
'
17%
16'A
(Un)
Sugar
Pacific
35
32
21%
100
al0% all%
2/2
1
20
(Un)
Life Insur
Indies
Western
1,033
13%
5
(Un)
Westates Petroleum com
West
29%
•
10
Oil
Co
Waialua Agricultural Co
Preferred
42% July
29
all
1
Equipment Co
West Coast
21V* Mar
Sep
a
10
(Un)
Corp common
Utah-Idaho
Oct
38
13%
5
(Un)
Corp
Lines Inc
Consolidated
Universal
13%
12%
United
U
144
315
29
25
com
13%
a37% a'19%
(Un)
Sugar
13
402
125
Union
Jan
West
Carbon
10
2
_5
Jun
39% Mar
430
10%
Nov
23
22
&
&
Carbide
Nov
24
1
Oil com
Ass'd
Water
Transamerica
25
(Un)
Company
Oct
3%
Sep
6 Vb May
134
Pig'n Whistle conv prior pfd
Puget Sound Pulp & Timber—
Jun
8%
15 %
36"%
93
(Un)
Corp
42%
14%
8%
■
•
130
(Un)
Dodge
Phelps
50
49%
50
52'A
*
(Un)
com
Pennsylvania RR Co
40'A
9
Sep
30% Mar
luo
Airways
Feb
12
__
1,209
51
—*
pfd
1st
Pictures
31% Mar
17
11%
33%
Feb
4%
1,543
32
Companies common
Paramount
35
17%
3%
12%
105
5'/a
31
(Un)__10
com
com
Co
110
91%
Nov
—100
1,329
10%
13%
4%
10
;
33%
25 "
4% Aug
al4% al47/a
__100
Tel
&
Jun
16%
13
Jan
100
25
Serv
a38% a38%
37%
Nov
10 Va
-
6
5%
Nov
Apr
9% Feb
509
1,030
'
Mar
12'%
50
39
Apr
15
155
Nov
31
25
(Un)
Preferred
Oct
13%
29 Vb
Feb
3%
5 Va
*
Public
50
39
Apr
10%
_5
pfd
Portland,Cement
Conv
Feb
1,180
a
27%
13%
13%
-25
1st
Jun
170
14%
25
preferred
Nov
41%
Nov
700
28
13
15
common
3.50
Feb
2.45
4
28
13
20
preferred
Pacific
4.32%
4'A
14%
15
•
44.
17%
Indemnity Co (Un)
Lighting Corp common
Jan
a9%
1
Sep
Fisheries
1st
Apr
a30%
.
9%
Aggregates
Electric
&
redeemable
8%
*
(Un)
Corp____
10
1st preferred
31%
332
42%
40%
Jan
(Un)_»
(Un)___;
10
(Un)
5Vo
Nov
Feb
1%
5%
6
34%
12%
*
20
10
*
6%
25 Vb Mar
60
all% all %
38
58%
410
13%
a
*
Independent Exploration _____—33%c
28 ye
Feb
5%
6%
(Un)__l
Feb
46%
a
5%
5%
*
Mines
22%
103 % July
58%
100
Idaho
Feb
58%
a29%
6.66%
91%
27%
970
Co
Jun
—20
(Un)__
Jun
5
Car
July
27
Jan
68
Inc
69
Feb
34%
5
Motor
Feb
17%
13
65
Foods
32'A
328
Nov
3,725
Aug
805
Sep
6'/V
88
17%
9%
28%
Jun
18% May
Feb
Mar
73
55%.
55
25%
6
9%
Jan
17%
55
40
1
Hunt
10
15
11%
100
(Un)^_
2,460
•
Hudson
10
27
Holly Oil Co (Un)
Corp
170
84
a9%
Honolulu
Oil
259
13%
84
13%
6%
1
17
15 y2
13%
1
28Va
•
(Un).,.:
Development
Feb
15%
10
Sep
3
.
13% May
S & W Fine Foods Inc
45'/a
Co of Calif class A
18% July
Jan
Ryan Aeronautical Co
a31%
(Un)-*
Feb
8'A
Jun
Jan
0
pfd
Nov
12%
300
16% Mar
20
(Un)
non-cum
9%
1,250
10%
4%
Jan
22 % May
Nov
2,260
Jan
3,571
17%
9%
8% Nov
110
9
Mar
9%
7%
23%
6
14%
203
6*8
13% July
Feb
9%
440
94%
8%
9%
8
9%
Jun
Feb
13 l/a
8%
7%
a
Jun
21%
605
5%
10
_•
Jun
19
14
common
May
6% Mar
25
Mar
61 %
Co
Rubber
38
Oct
Mar
Mar
•
Corp
Hancock Oil
Hobbs
&
&
Sep
Oct
12
*
Co Ltd
Tire
4%
21
3%
12
—10
common..
25%
Feb
17
•
preferred
Golden
85
2%
Jan
276
•
,
Corp
Corp
20
2%
—
_
(Un)
General Motors
General
Chemical
Corp
Food
1
common—
a4%
16
27% May
al3
20
_
Radio
Machinery &
26%
220
'
Feb
Nov
13%
1
&
15
20
11%
_5
Ltd
Tele
50
12%
__
4
(Un)
•
Ewa Plantation Co
200
2.001
18
25 %
7%
14
Corp
Co
16
Apr
13%
10
Capwell Co
Emporium
Foster
_10
(Unj
J
Jun
3
17%
17%
13%
Cons—;
Filters
Coast
14% July
94%
-,
Jun
20
18
a9%
15
new—
Share
&
•
!
N
29%
Feb
22% a23%
26%
*
(Un).i
Dow Chemical Co common
I
Eastman
July
Aug
10%
8% '
*
.
.
El
20 y2
25 %
:
a7'A
7%
1
,
(Un)
17%
59
215
23%
,
preferred
57
10%
a
26%
a
(Un)
:
Oct
22% a22%
3
•
common_5
A
!
__
Bridge
Y 3
a22%
5
.
22%
Sep
18% al8%
a
1
_'
18%
28
10%
8%
Doernbecher Mfg Co
Dominguez Oil Fields Co
Dumbarton
13J/a Mar
I
Inc"
of
common
cum
62% July
20'/a Mar
125
a4%
,
•
Corp common
Fruit
B
Feb
175
al8
16
al8%
^
preferred %
Class
32%
23 %
17%
—5
Aircraft
(Un)
Continental Motors
Curtiss-Wright
124
23%
25
(Un)
Steel
Jun
al8
•
Consolidated Coppermlnes
Crucible
Sep
65%
10%
*
Consolidated Edison Co Of N Y
$4.20
37
Nov
*
Commonwealth Edison
Creameries
Oct
53%
a
*
(Un)
Commonwealth & Southern
Crown
35%
1,425
a
2%
(Un)__„
Solvents
Consolidated
100
56%
53 %
__20
—
Gas'System
a7%
a31% a33'/a
23%
•
Columbia Broadcast System cl A
7%
a42 % a47y8
10
Clorox Chemical Co
Columbia
a
a7%
15 Va
Sugar Plantation
Gas
Phillips
*
.
65
14 %
15 Va Mar
Sep
Apr
Chicago Milk St Paul & Pac—
Common
May
3% Aug
48 V8 Mar
990
(Un)__10
-
American
Oct
Apr
7%
405
6%
Apr
30%
__
1
13%
3%
10%
1
Pacific
Pac
Pacific
Calaveras
10%
100
Ry
Pacific
Jun
52%
130
Jun
51c
Aug
•
20
a
com__100
common
B
Paauhau
Apr
a
5
39c
Nov
3%
Oct
260
(Un)
20c
1
(Un)
United
Class
Jun
15
Corp
Mar
18c
—;
3 % Mar
•
,
Onomea Sugar Co
19% Mar
_5
(Un)
cap
(Un)
Borg-Warner
34
1
(Un)
Boeing Airplane Co
Borden
34%
2
Bishop Oil Co____.
1,024
17
a 15%
•
(Un)
Investment
5%
Appliances
55 V*
17
15%
(Un)
Co
Co
Oil
16% July
Feb
Co
Pacific
Oceanic
Oliver
5%
2,200
11%
a
50
"
Jan
1.15
*
Sugar Co Ltd
May
710
7
290
ZZ
ZZ
5
Oahu
Ohio
13%
__100
(Unj.i..
May
Mav
6
Prod
Aviation
American
24
5%
ZZ
Jan
a._
—
Jan
13%
1
Corp
119%
6%
100
<UnJ_—
Aviation
Bendix
476
681
28%
13
Corp
Bendix
43%
^
10,400
1
—
preferred
33%
3
800
23c
3%
53%
al5%
0
(Un).
American
33%
a98%al05%
RR
Central
Jan
538
al9% a20%
24c
20c
1
Lines
Distillers
405/a
al00%
17%
Mar
Nov
22c
_•
(Un;
Fibres
City
7%
2.50
(Un)
Ohio
Oil
100
(Un)
Jun
Oct
1,370
3%
10
Nash-Kelvinator Corp
27%
5
California N A.—
Barnsdall
Beech
Diesel
Locomotive
&
Fe
20c
Morrison-Kndusen Co
19%
a._
24c
10c
May
Nov
10
2.10
16% July
31
Mar
13
1.85
Jan
12%
840
2.00
3%
Apr
Jun
May
36 % July
Feb
9%
24
13%
(Un)
com
Co
55
a31% a31%
^
__1
(Un)
&
722
13 Vb
8%
28
25'/a
13 %
Lode
Cement
2%
8%
5
——
Corp
Baltimore
Bank
Santa
(Un)
Atlas
(Un)
Cons
Montgomery Ward
27%
,
M
25
tuu.
(Un)__5
11% a12%
al0% all%
al0%
1
Mother
Port
a
1
Co
a
a2.40
6
__
Co_
National Auto
15'/a
40%
Mlg
4'A May
7
63%
al43A
i
Machine
Co
Navigation
&
14%
*
r
Co
& M
a
—*
common
Calculating
Nov
20'/a
63 %
•
class- B
(R H)
(Glenn L)
33%
50
Anglo
Nov
10%
Feb
6%
American
36
Nov
2%
a 55%
€3%
Feb
14
200
150 Va 150%
lou
(U11)
•
14 %
a
32
100
100
2%
8Va
a52%
High
26 % May
Sep
52?'a
'ZZ'
*
Co. (Unj
Corp
Low
20
*
(Un)
& Refining (Un)__*
Jan
300
21%
6%
20%
Jan
25
295
80
3
234
20
28
Aug
34
Monolith
Range Since January 1
High
2%
1
iUn)_.
Stan
Viscose
&
(Un)
Ltd
American Smelting
Low
2%
Sep
20
8%
Mindanao
Shares
a21% a21%
__i
24%
350
17%
M J
for Week
10
Co
Alleghany Corp (Un)
Apr
331
23%
17
Menasco
Sales
Range
oPPrices
*
51
r25%
23
34
Jtfagnavox
Exchange
Sale Price
Par
Reduction
Nov
r25 %
8%
Mclntyre Porcupine Mines Ltd
Last
Air
41 %
r25%
7
Maisuu
Friday
850
*
1
Martin
STOCKS—
59% July
44
10
Marchant
San Francisco Stock
High
Feb
43
41 %
*
McNeill
Macy
HONOLULU
-
Low
1,012
41 v2
B
Lyons-Magnus
Teletype NY 1-579
LOS ANGELES
Range Since January 1
High
& Libby
Libby
STREET," NEW YORK 5, N. Y.
-
55 Vb
Lockheed Aircraft Corp
Loew's Inc (Un)
Commodity Exchanges
Telephone BArclay 7-4300
SAN FRANCISCO
Low
52%
Leslie Salt Co——
San Francisco Stock Exchange
Los Angeles Stock Exchange
and other principal Security and
Shares
:_5
County Land Company
Langendorf Ltd Bak class A—
MEMBERS
New York Stock Exchange
Honolulu Stock Exchange
for Week
•
(Un)
Kern
a
Sales
Range
of Prices
Par
Kennecott
Dean Witter
Week's
Last
Sale Price
STOCKS—
*
(Un)
0
.
—
70c
5%
__
__
100
*
--
12%
24%
24%
153
700
9%
31c
18%
24%
3%
Jan
Feb
11%
Jun
Jun
32%
Nov
2.50
24
45% July
Nov
36
7%
87%
14
Nov
1.80
Mar
Oct
Nov
33
•
a._
Jan
May
Jun
Jun
—
24% May
33%
Jun
8'/a
150
Feb
113k May
a43 3a a44%
275
45
Sep
49
Jun
7%
7%
134
7
Oct
11
Jan
23
23
50
23
Nov
27'A
Feb
8 Va
1
10
1
25
.
£43%
'
23
8%
39
40
COMMERCIAL &
41
'
TIfE
12040)
•*
'
'
!
'
CANADIAN
RANGE
Montreal Stock
Canadian
&
Paper
$2.50 preferred
5%
class
Sugar
A
Low
National
19 %
1%
Range Since January 1
Low
High
High
16%
4,229
12% Mar
19% May
19%
2,847
177/s Mar
21'% May
36% Mar
39
37 Vb
38
75
23
23 %
165
23
100
preferred
15
100 % lOU'/a
16 %
Aluminium
Aluminum
Ltd
45
100
Sep
Jan
'
24%
Oct
Breweries
pfd
Amalgamated Electric Corp
50
7% Mar
9%
Oct
53 V#
.1,740
33% Mar
56%
Oct
%
60
1,766
43
Feb
65%
*
pfd
25%
326
24
Feb
25'!4
Nov
44%
6%
8%
8%
50
44%'
Nov
44
15
6%
Sep
d% Mar
155
Oct
100
71
72
110
65
•
26%
26%
397
24% Mar
Corp
Ashdown
8%
50
preferred
Asbestos
8%
58
•
Anglo Canadian Tel Co 4% %
Corp Ltd common
Argus
4%%
1
Hardware
rights
Bathurst Power & Paper
National Drug & Chemical pfd,
22c
Corp
Niagara Wire Weaving
Noranda
Ogllvie
Mines
1%
Flour
Ltd—
Mills
30c
1,100
22c
Nov
7%
80
Jan
29% May
30c
Nov
22
21%
22
1,760
17% Mar
22%
Sep
43 %
43%
43%
4,298
43
Sep
44
Oct
Light & Power
•
British Amer Bank Note Co
—■_»
19
19%
3,758
17
Feb
16%
16%
16%
500
16
Oct
19
British
24%
24%
24%
20%
Feb
25
2b %
2b %
3P0
24
Jan
27% May
3%
3%
1,125
2% Mar
4 % May
Brazilian
Trac
American
Oil
*
common
Preferred
British
—25
Columbia
Columbia
British
Class
Power
*
Class
A—*
cl
3
5%
6
545
18%
18%
5
A—_*
7%
7%
5
class
*
5%
22'/a
20,
Power
Corp
27
5
_
15% May
7%
Steel
Oil
Mar
11
1,575
Mar
15
37%
295
35% Mar
42
Jun
20%
21%
17% Mar
23%
Jan
15%
90
3,905
16%
93
39
15
70
22%
22%
13
13
26
•
31
Jan
4 Feb
9% Mar
1,075
39
25
58
Mar
•
48
Oct
Sep
15
Jun
18%
Jun
Feb
95
Nov
35% Mar
40
Aug
130
21
Mar
23
150
13
Apr
Aug
18% May
26
24
25
Jan
30
Jun
31
60
26% Mar
36
May
12%
13%
650
10
Mar
14% Ma/
12%
13
85
10
Mar
30%
33
13
*
12%
32
*
common
34
390
90
•
Companies
Jan
9
11
•
Canadian
Nov
60
—25
Class B
Nov
36%
Canadian Converters cl A preferred—20
Canadian Locomotive
Aug
16%
13%
•
preferred
30
23
14
25
Cottons 67c
Jan
Aug
9%
130
Canadian
Nov
9%
12
305
Canadian Foreign Investment
Canadian Ind Alcohol class A____
24
147/8 Mar
13%
48
series
Oct
8% May
9%
13%
$1.00
18%
14%
13
common
Oct
July
27
47%
Celanese
6%
36
30
•
series
14%
Consolidated
14%
Powell
Consumers
Glass
Power
Corp
4%
St
14%
Oct
33
36
10
Feb
16%
Aug
91% Mar
131%
Nov
4,935
Mar
38%
33
40
20
Mar
29%
30
360
27
Feb
20%
20%
535
16
Feb
35
23
common
of
Dominion Stores Ltd
,
Dominion Textile
7%
23
70
23
Nov
26
23
Feb
28
30
Feb
38
21
815
15%
Feb
39
105
29
Feb
175
60%
Oct
61
171
Sep
Sep
% A"g
22
39%
Sep
Nov
61%
67
May
20
5
18%
Jan
30
Jun
47%
2,540
37
Feb
47%
Nov
15%
16
1,228
11
Feb
17%
Oct
59%
800
54% Mar
68
Jan
98%
98%
215
93 Va Mar
100
July
13
13
0
13
17%
__
375
17%
1st
"
10 Va
795
13
% Mar
preferred
St
Lawrence
-100
preferred
1—4 O O
Nov
___
Paper
1st
Feb
15%
18
Oct
July
99
4%
trust
Southern
&
of
Canada
23
Nov
27
Aug
12
Aug
15%
Sep
24
Nov
31% July
127
80
44 Va
810
40
Aug
% Aug
85%
%
23%
24
4,053
20% Mar
24%
46
46%
2,125
44% Mar
49
44
24!
84
48
2
24%
80
22
Mar
153
11
140
Nov
155
16%
16%
16%
910
12
Mar
15%
15%
16
125
11% Mar
22
2
*"
0
22
common
common
Power
22
18
21
Feb
16%
Feb
Sep
Oct
July
27
140
140
Nov
Apr
jmi'
16%
16
Jun
May-
25% July
18
75
6%
6%
7
520
83
83
84
20
83
Nov
97
Jan
81
fommon
81
82
103
67
Feb
82
Nov-
406
72
..—100
18,
5% Mar
20
Jun
8% May
"
Co
7%
of Canada
common
Dreferred
Twin City
United Steel
Biscuit
Wabasso
Walker
-25
common
Worts.
9
May
5
8% May
21
5
17
17
355
27%
29%
3,070
24
——*
28%
24
50
100
—
99-
*
_•
Electric
Limited
Sep
5% Mar
655
——*
common
preferred
6'A
83
100
•7%
*
Wilsils Ltd
Zellers
Mar
6%
7%
—
—
&
82%
6 %
7%
(George)
%
82%
..._
Gooderhan;
Winnipeg
82 %'
21
;
Corp
Cotton
Weston
4
Sep
83 %
100
5preferred
Viau
11
24
*
com
—
certificates
Sons
Canada
102% May
Nov
83%
50
——
Standard Chemical
Steel
75
•
com
preferred
Breweries
(H)
3,779
26
1
Power
&
Williams
Voting
235
15
24
'
Simon
23%
14%
*
8%
Co—
Water
7preferred
Sicks
3J0
—
preferred
Sherwin
45
9
14%
1
—
com
preferred
Series A
101
8%
;
—
2nd
Shawimgan
100%
1
common—
9
23
Corp
19
common
5
99
21
Jan
22
Jun
16%
Nov
18%
Sep
24
Mar
22% Mar
99
Mar
100
Jan
19%
85
21
Jan
1,966
20%
Feb
32 %
Nov
25
34'A
Apr
45
May"
27%
20
27%
Oct
29
May
20
1,625
20
Jun
21%
Jan
23%
23%
1,406
21
Aug
23 Va
Nov,
1,051
25
Feb
28
Jan
30
25
27%
1
<% Aug
31 % May
28
May
% 31%
39%' 39%
30%
39%
preferred
%
Mar
20
*.
common
Banks—
10
.10
:
23%
10
26
%
26
10
35%
35 V*
.10
Nova Scotia
Royal
25%
25'A
26%
36
410
25%
1,940
-
33% Aug
23 % Mar
37%
Feb
25%
Jan
Montreal Curb Market
32%
Jan
35
Jun
Canadian
Funds
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
37
300
34%
34%
34%
50
17
16%
173%
4,211
14
Feb
24
24
50
23
Mar
21%
21%
175
20
Nov
•
11%
11%
11%
5,652
11
Feb
30
168% 168 3/4
18%
44
45
w~.
_
Jun
36%
100
20%
15%'
Jan
21%
preferred
Jan
9
__
Jan
150
red pfd.23%
common
Mar
25
IlOO
STOCKS-
19% May
26%
Par
Low
22% July
13% May
170
July
165
Mar
Donnacona Paper 4%% pfd——100
Dryden Paper 1
*
Eddy Paper Co class A preferred
;20
99%
99%
35
98
May
105
25
25
225
25
Oct
29
May
16%
16%
16%
125
Electrolux
16% Mar
17%
163/4'
17 Ve
225
14% Mar
Atlas
Steels
Bathurst
Ltd—
Ltd
Power
*
&
Belding-Corticelli
7'/
High
100
9
13
Sep
12 %
12%
B~—*
class
Paper
Low
11
13
1,280
10
Mar
13%
Jun
5%
*
:
Range Since January 1
11
5%
200
4
Mar
6%
Jan
159
'
160
160
8
11%
11%
700
17%
17%
150
55c
80c
6,675
*
15%
15%
5
Vancouver..5
14%
15
12%
12%
prefered——100
Jan
Oct
163
Jan
12
APr
17%
Oct
Aug
1.00
Jan
Jan
Jan
25
Glove Works
Shares
High
Jan
Acme
Dominion Tar & Chemical
16
22% May
27%
24
20
50
412
57
Canada
33% May
Jun
23
37
'25
Nov
28% May
20
21%
263%
•
58
37% May
16% Mar
30
77c
preferred ——;
Dominion Steel & Coal class B
Nov
32
20%
preferred-.
Jan
Jan
334.
—25
Dominion Foundries & Steel
Dominion Glass
1,736
36
18%
Nov
3,847
33%
10
*
Dominion Dairies 57e
Jan
18%
42%
45%
m
2nd preferred
St Lawrence Flour Mills
10%
13%
*
preferred
170
Oct
39
9
Montreal
13
Bridge
162 Va
Mar
1?%
—
Commerce
125 129%
13
Dominion
20
43
42%
■
Co.
Lawrence
21% May
305
*
Dominion Coal 67c
22%
May
25%
•
Saguenay Power 4%%
12% Mar
12,020
19%
330
Jun
26
Sep
Jan
16 %4
*
3,527
24
*
preferred
15
10%
Seagrams
58
18
21%
20%
cora.
Provincial Transport
Quebec Power
11% Mar
10
Crown Cork & Seal Co
54
23%
Price Bros & Co Ltd common
475
14%
15%
Distillers
110
42%
—
common
River
Oct
10
126
1,003
i
34
16%
5
Mining & Smelting
Apr
13
18%
9
_
Tubes
Ltd
20% Mar
25
•
24
21%
-170
0
Light, Heat & Power
3,630
20
:
Jan,
%
Sep
Mar
22:%
IlOO
1
Canadienne
Canadian Pacific Railway
Cardy Corp Ltd class A
Cockshutt Plow
10 Va
54%
Products
Page-Hersey
Sep
475
16%
95
45
45
*
Electric Rwys
Sep
327
Canadian
$1.75
Sep
3%
20
Sep
23
Canadian Car & Foundry common
•
Class A
1
;—20
Canadian
Feb
27%
16%
20%
11%
High
Mar
41% Mar
23%
_
—
Ottawa
May
27%
•
common
Nov
Sep
28%
2,290
Canadian Breweries
Bronze
Jan
22
__50
505
■f
22% Mav
16%
♦
preferred
23%
22
•
common
22%
27 %
10
10
Northern
16%
125
35
Feb
2Vb Mar
405
290
34%
6% preferred
Steamship
3%
16%
35
Canada Iron Foundries common.
Canada
3
5%
common
Canada
24%
123
*
preferred
$1,30.
26%
—-.5
Dredging...
Burrard Dry Dock Co Ltd
1,100
44
37
21%
.....
__
*
;
Gold
Cement
26
1,457
16%
*
_
Products
Canada
18%
26
partic class A
B
Building
3%
•
Corp
B
Bruck Mills SI.20
Buloio
Products
Forest
Low
40
11%
'
22%
common
Placer Development
Jan
•
.
Range Since January 1
High
39
•
preferred
Ontario
Feb
49
25
—
„-5
Car
ttteei
Penmans
•
Telephone
39
44
Feb
13
class A
Bell
Shares
Jun
25%
58%
Low
0
common
preferred
National
101 % July
q
50
51
V
25
4 '!o
of Can
Co
for Week
of Prices
Apr
q
*
*
—
Sales
Range
Sale Price
Ottawa
Aigoma Steel
Week's
Last
Shares
15%
Agnew-Surpass Shoe
12
Friday
for Week
19%
MARKETS
NOVEMBER
Par
Range
20
20
*
$1.50 preferred
Acadia-Atlantic
Monday, November 15, 1940
-
8TOCKS-
Sales
Week'a
of Prices
•
common
ENDED
•
'
I"*-
Sale Price
Par
Power
WEEK
"
Exchange
Last
Abitibl
LISTED
FOR
CHRONICLE
'
Fonda
Friday
STOCKS—
FINANCIAL
'*
...
Corp
—:
1
-
Famous Players Canada Corp
Foundation Co of Canada
*
Gatlneau
•
Power
•
common
5 °!o
preferred
5%% ■ preferred
—
15%
15%
17%
17%'
24
16
985
15% Mar
18% May
25
125
19
25
17%
235
100
104% 104 %
107
100
.
,
19% May
18% May
109% 109%
70
16%
100
107%
Mar
5%
Glove
&
Hosiery
preferred
Brand
20
Millen
&
Steel
Wares
20
Jan
Sep
108
Jan
111
Oct
*
inc
1927
Alabastine
15
15
100
14
Feb
17%
Jun
50
common
pfd
52%
52%
75
50
Jan
52%
Oct
13
Mar
*
16
class
Ltd
Brewers
Distillers
&
Columbia
British
of
Class
Packers
Howard
Bridge
Smith
Hudson
*
Paper
Bay Mining & Smelting—,
Imperial Oil Ltd
Imperial Tobacco
4%
67c
♦
common.—
Canada
common_5
preferred
25
Corp
Brown
of
Paper
International
Canada
Petroleum
Power
International
Utilities
Public
Co
the
Ser
.:
Class
Mailman
common
common.—
10,740
14
Mar
13%
1,091
12
Jan
25%
25%
25%
275
24% Mar
Sep
Nov
19%
Nov
14
Jan
25% Mav
Canada
Gen
Canadian
lr/o
Jan
Oct
25
Sep
12G
120
4
120
Mar
120
Mar
Canadian
8
9
330
8
Sep
13
Jan
Canadian
35%
363,4
4,490
29% Mar
39%
Jun
61%
60%
62%
10,903
46
Mar
70%
Jun
131/4
13%
13%
8,599
11
Mar
16 %
Jun
47 %
47%
80
39
Mar
53
Jun
«
Structural
Export
26%
com—0
A.
*
B
common
*
_
(Robert)
»
•
Montreal
Telegraph
Tramways
•
25
Locomotive
Montreal
7
10
•
100
...
<■
see
page
44.
Nov
14
Jan
115% 115%
10
•26%
26%
Sep
Canadian
14
7
10
25
Oct
10
155
Oct
85
16% Mar
Apr
21% May
14%
100
13% Mar
17%
22
25
24
10
14
590
14
Jan
Oct
Jan
Jan
July
16
Apr
7
60
7
Sep
8
Apr
575
9
Feb
11
July
5
Mar
7%4
20
20%
465
223/,
3,550
13
12%
13%
3,635
10
19%
16
23 %
9% Mar
18%
18%
34%
34%
39/s
39%
1,063
38
Feb
17%
17%
18%
1,615
14
Mar
75
45
Jun
50
%
21%
34%
,
9
Nov
Mar
39%
50
32%
160
10
7%
Sep
16%
Jah
1,1%
Apr
14%
Jun
200
117
1>5
74
153
153
60
153
4%
4%
4%'
105
lUu
1U8
4'A Mar
Nov
7,861
3% Mar
331
78 Va Mar
8% Aug
134% Mav
188
6Vb
115
Oct
Jan
Jun
5
5
5
25
3%
Oct
*
22%
22%
22%
970
15%
Feb
23
Oct"
•
Investments
47
47
48%
50
Jan
13 Vb
40
Apr
10% Mar
50
13 Vb
44
7% Aug
14%
Oct
17
17%
680
14
Feb
22%
23%
1,230
19
% Mar
1.73% 173%
5
162
Jan
176
Oct
77
77
25
Jan
77
Sep
600
3
July
*
Ltd
•
common
23%
———100
Sep
Nov
Nov
16 V8 May
—
Canadian
1'/,
16
Feb
21 %
May
180
34
Feb
38
May
40
Feb
19%
Oct
50
Sep
40
40
21
30
Apr
44
Oct
23%
23 %
200
22
Feb
24
July
'
&
Paper
18
Jun
24%
Jan
1.90
2.00
2%
2%
*
12
12
12
50
10
Mar
14
Jun
A—'—*
23%
23%
23%
55
22
Mar
25
Ltd
Jan
•
50
50
51
145
20 Va Mar
60
Oct:
130
132
250
Feb
199
3%
3%'
4
7,300
53
196
38
Feb
53
Nov
13
905
12
May
14
Jan
113
1,566
108
Nov
130
common.
-
—-.100
...
Co—_——2
Western Lumber
*
Canadian Westinghouse Co Ltd
Cassidy's Limited
^
com..•
preferred
Vickers
__1.
common
preferred
—
53
52%
1
13
113/
.—100
—
Chatco Steel
5
%'/
8 7o
Adv
Consolidated
Bakeries
Div
Consolidated
5%
of
Standard Sec cl
Paper
Corp
Textile
Ltd
(R
Aircraft
Corp
Ltd
i———*
—
...
Dominion
Engineering Works
Dominion
Oilcloth
&
Ltd
Linoleum
*
1
*
Co
Ltd
Nov
Nov
4
Oct
50c
Nov
7%
9
325
6%
Apr
9%
Sep
11
11
11
25
9
Sep
15 Vb
Jan
40C
40c
100
19%
18%
19%
9,811
34
37
625
9
Feb
38
Oct
19
150
16
May
19
Nov
7%
150
18%
7 %:
.
50c
9
41
175
35c
Mar
14% Mar
7%
40c
6%
Apr
60c
Jan
Sen
July
21 % May
8%
Feb
Aug
95c
Jan
Feb
11
Jun
56
43% May
14
20
33%
Feb
33
Feb
39 Va
Jun
55
37%
Feb
57
Nov
141,0
40%
37%
20%
500
9
50 c
.
*
Paper
Jan
1.25
Feb
25c
18
10% Mar
18%
Jun
21
2,895
-
550
41
100
38%
56
.
19%
Oct
>
Jan,
13%
3%
•
Donnacona
4
Nov
10J
*
Dominion Square Corp
Dominion Woollens & Worsteds
1.25
650
*
David & Frere Limitee class B
11V, Mar
Oct
4% May
4
20
2
L)
5
Apr
9
•
1.
preferred
Crain
20
3 Va
2% May
7
*
com
25
1.25
130
Feb
Apr
25c
A—*
Ltd
Mills
11%
6%
Ltd—*
Can
1%
4
•
common
1.45
25c
com.———*
5
Ltd
preferred—
Consolidated
1.25
preferred—..—£1
General
Alcohols
Consolidated
11%'
——1—*
redeemable
Commercial
,
108
Prod Ltd common———*
class A
Claude-Neon
-
12%
Cinzano
Ltd
61 %
2%
1
Ltd
Inv
Products class
preferred
Canadian
Co_._
Co
Marconi
Pr
Canadian Silk
Cub
250
Rand
Ingersol
cumulative
7%
160
21%
40
115%
155
21%
18%
Sep
18%
18
20%
40
Murphy Paint Co
footnotes
*
14%
11% Mar
24
14
._«
Ltd
10 % Mar
70
14%
25
Steel
class
351
12
155
13%
.3
_»
13%
115%
13%
30
7% July
36%
115%
155
7%
—*
preferred.
6%
12
Jun
110
Sugar—.—.
Industries
20%
13 Vb
16
*
Dominion
Canadian
100
13%
Jan
1
Vinegars Ltd
920
"
Oct1
14%
7%
Malting Co Ltd
7%
22%
16
35c
114
Ltd
&
223/4
•
Ai
Molson Breweries Ltd
Montreal Cottons preferred
For
19%
100
...
McColl-Frontenac Oil
Montreal
19%
13%
7%
100
Burnett
22
100
....
Ltd
Corp
Massey-Harris
Mitchell
60
*
Pulp & Paper com..♦
1
100
Canada
7%
*
5
__
MacKinnon
Jan
137/a
*
Ltd
Woods
preferred
MacMillan
43%
*
Ltd
Corp
preferred
Bros
35%
15
—
Lang & Sons Ltd (John
Laura Secord .J
Legare 6% preferred
Lewis
Feb
*
common
International
of
4,020
May
9% May
Feb
23%
A—*
Company common
*
common
Nickel
International
1%
58%
54
17
6%
.
5 7o
International
La'ke
125
1,160
cl
Preferred
100
common
Intercolonial Coal common—,—
International Bronze
7r/e
320
8%
33%
54
£1
Acceptance
Jamaica
16%
32
19%
of
preferred
Indust
*
16
83/4
32
75c
•
—
Ltd
B
Columbia
British
Canada
Hamilton
A
Brandram-Henderson Ltd
Preferred
General
Goodyear Tire 47c
Gypsum
Lime .&
com
Nov
Oct
Apr
Belgium
23% May
Volume 168
Number 4751
THE
COMMERCIAL, & FINANCIAL CHRONICLE
CANADIAN
RANGED FOR
Friday
Range
Par
Eastern
East
Steel
Products
Kootenay
PairchUd
Pr
l'/t
Aircrait Ltd
Fleet
Fraser
Co
ui
Canada
Companies
Great
Laxts
Class
A
class
Paper Co Ltd
Paints
cl
Alfred)
1
LoWiley Co Ltd
MacLaren
Mapie
.
&
Massey-Harris
McColl-Frontenac
Melchers
6% ft
Oil
6ft * preferred
Mica
Minnesota
&
Ltd
Paul Service
:
Co
pfd
United Securities Ltd
Co
Mining
;
Mines
Gold
■
i
107
:
Gold
Duiama
;
~~~
Mines
Gold
Ltd—
-
x
—
__I
Nov
Bankfield Consolidated
12 %
Jun
Bank
Ltd
200
Pandora
Cadallic
Cons
Pen-Rey
Gold
8c
15,000
5c
Oct
33c
3c
Aug
13 %c
Nov
56c
Feb
Blue
Sep
Bob jo
54c
165,200
l.ltf
100
8c
Gold
Rochette
Gold
Gold
Mines
Feb
Bonville
Nov
Bordulac
Jan
Boycon
Mines
Stadacona
Sullivan.
Co
Mines
Ltd
Asbestos
Westville
Oct
i6v2c
13c
Oct
48c
Aug
53c
500
14%*
80
60c
i,obo
15%
53c
Oct
Mar
11,500
12 %C Mar
4,700
55c
Mar
7c
7,000
5c
Sep
2%c
%
1,000
8.50
Apr
May
23 % Mar
1.09
Feb
Dom
Oil
<fc
Co
Ltd-
Dev
.
_e
Corp-.
$
Calmont Oils Ltd
Home Oil
New
Co
Pacalta
Oka It a
Oils
%
Ltd
Jun
British
Jan
British
6%c Mar
Class
Royalite
6%c
25
3,500
Nov
Jun
2.20
2.35
500
82 d
82c
July
2.20
9c
Nov
Nov
80c
24c
Jan
16c
Oils
Co
L£d
Co
Ltd
*
see
page
44.
8c
800
15c
3.20
433
4,525
35%
14% Mar
Buffalo
Red
Building
14% Mar
36%
245
155
257,875
'8C
Feb
1.45
Jan
1.90
3.40
40
3.30
1,000
10c
Jan
25
15
Nov
1.7.
235
17-
Mar
22
42
220
38%
43%
43 %•
43%
5.812
42%
26c
25c
26c
14c
13c
14c
12
Vic
3%c
9%
9%
11%
11 %C 12 %c
19c
3%c
Oct
5.80
Jan
20c
500
3'Y'VC
6.75
70c
•
pfd
class
A
17c
Jan
5c
Jun
57c
Jun
3c
Sep
4,600
20c
17
Feb
139
70
1,825
27
6.50 Juiy
8,500
26%
13%
;
Aug
Feb
Cement
27% May
86%
Oct
99
88 %
89
45
3%
3%
1.400
13
13
13
25
Mar
11%
Canada
Apr
7
7%
100
26%
235
2%
3%
1,200
31C
-.
27c 32 %c
85,100
16c
Feb
35o
500
25o
July
37c
Jan
16 %
Nov
20y8
Sep
15c
July
99c
4% Mar
24%
2
7,500
6c
Apr
1,500
2c
Sep
6c
Jan
Class
17c
May
Canada
32c
32c
16%
S
17c
Mar
1.64
16%
25
19c
22C
4,000
1.68
1.751
%c
l&C
Northern
Canada
Packers
97,200
9c 10 %c
15,200
Canadian
preferred
class
535
6%c Aug
28% Feb
11
Feb"
15
30%
29
30%
380
21
Apr
31% July
17%
17%
17%
425
13%
Feb
21
7%
7%
75
7% Aug
9
7c
9%c
7c
2,°00
37c
Canadian
22 %c
Jun
41c
Jan
Canadian-
Bank
3,100
35c
Apr
50c
Apr
Canadian
Breweries
-Jan
Canadian
Canners
1,467
50c
Mar
1.40
1,300
99c
Mar
6%c
500
5c
July
19%c
Jan
1.80
2.60
e95,500
34c
Sep
2.60
3%c
*1 4,500
2%c Aug
9c„
Jan
July
4%c Jan
1st
7c
Aug
30
100
28%
Jun
12.018
3.65
Feb
7.60
10c
41,325
6c
Feb
18c
Jun
34c
Mar
65c
Jan
2,000
51c
55c
8,600
2.25
2.50
2,900
90
90
90
30
22%
22%
111
27
27
95
•
49
47
2.15
85
241%
27
Nov
29
2.80
3.15
5,500
32c
28c
32c
5,000
6.10
500
1.60 Mar
19c
3.75
Jan
49
120
Apr
53%
705
9
Sep
11%
Jan
33
33
33
80
33
Sep
38
Apr
16
16%
%
185%
188
47
180
Sep
37
37
285
35
Feb
42
Jun
26
26
26
10
21% Mar
31
Jup
120
5
Mar
8
10
23%
23 %
23%
1,780
21
July
23%
•
21
21
21%
2,972
17% Mar
24
Jan
•
17%
17%
18%
485
16% Mar
22
May
24'%
25
65
23
Apr
28
Jun
17%
17%
50
17
Mar
21%
Jun
13%
165
10
Mar
14%
Feb
*
Commerce
—
8
Feb
common
•
13
20
80
8
43%
15% Mar
-
__
May
39%
_
7.50 May
Preferred
_
1,000
43c
Jan
60c
Jan
Canadian
Indus
59,500
11c
Jun
32c
Jun
Canadian
May
Canadian
Canadian
_
_
Locomotive
11 %c 12 %c
1,100
5,985
1.25
5.20
Jan
Feb
12%
Nov
32 %c
Apr
11 %c
13c
19.500
8c
July
1.60
1.60
100
75c
Mar
7c
8c
15,000
5c
24%
24%
25
16
2.25
Juiy
Feb
5%
Alco
"A"
voting
Oil
Cos
preferred
■_
56%
39 %
39%
50
34%
Jan
Jan
Noy
Nov
Jun
110
245
common
9
"lOO
Feb
95
Nov
Canadian
Wirebound
27
Cariboo Gold
Railway
—
class
25
A
#
IIIl
200
8
Mar
40
Oct
12%
Jun
90
Feb
78
31%
14%
100
Pacific
9
78
12%
*
•
•
1
Canadian
„
•
«
Malartic
1.82 May
16c
Feb
Oct
16
93%
18
201%
Jan
4
Canadian Food Products common
53c
1.55
16
90%
•
common
13 %c 16 %c
1.50
17%
common-
3.50 May
34c
Jan
Nov
July
9%
B_;
Class A
Preferred
3.15
99 %
14% Mar
%
20
Celanese
Sep
3.00 Mar
Apr
Nov
Feb
May
9%
•
Conv preferred
Car
15c
30
—
50
preferred
Canadian
Sep
Jun
6.20
Nov
3c
Jan
Jan
30
8%C
100
i
of
Jan
35% July
5.60
9c
•
class
Bakeries
4,000
45c
25c
5.95
54c
_•
A
Cable
&
2.30
1.40
Jan
Jan
Nov
455
•
'
41c
Apr
2.40
30c
35
20
Mortgage
37c
53c
Aug
13%
100
preferred—
2.17
48c
6c
30
Power
Lines
Wire
1.25 July
May
13
l
—_:
S
1,700
30c
Nov
2.08
27% Sep
3% Sep
Apr
34
*
-
Canada
B
32c
*
Permanent
Canada
67c
8% Aug
Jan
13
1
Malting
4c
14 %c May
Jan
4% May
14% Sep
35
—
Feb
2c
Jun
26
Jan
3.25
3
'
7
26%
23
common
89c
4,000
Oct
25
Jan
•
Preferred
65c
3c
8c
Feb
23%
89
•
4%%
Oct
3c
Feb
255
3%
*'
u-
Lake
Mar
%c
Feb
1.00
22% May
16% Jan
Aug
4c
Jan
11
20
1
3c
6
6c
Sep
3,177
15
-Apr
May
12
Apr
90c
24%
Jan
11
Sep
19%
5c
«
•
Flon
6c
1.45 Mar
28q
Mar
19
24
•
A
1st preferred
Edmonton—
57c
1.01 Mar
Feb
21/ac
55c
15
_*
^
10,800
1,700
Oct
60c
Feb
1,214
15
•
45,000
1.60
10c
4,
16c
19,000
24%
—100
A
7c
1.56
4
Aug
7.00
19
10 %C
83c
Jun
5c
Sep
0% Aug
10!8
Oct
Jan
24c
•
9%c
Oct
4,400
5,000
Oct
13c
50
Oct
42
Apr
18%c Oet"
25,
3%c
6.75
5
—
8c
8c
5,450
1.70
Red
Canada
May
7c
4,900
16c 19 %c
1
—
Bread
Canada
18,000
Aug
15
»
Jan
Nov
21%
2.17, Jan
7%c
56,200
38%
69c
41%
1,
Calder Bousquet
Campbell
17c
Sep
7%c
»
class
Nov
11c 14 %c
Mar
Mar.
25,800
B
3.15
15c
Aug
9c
10c?
Oils
4%c Aug
Oct
8c
38:
Jan
37% Feb
21%
Jan
2.75 Mar
9c
Class
Burrard
Flin
5,300
29c
Feb
32
69c
Jan
4.00 Feb
July
33
35%.
58c
3%c
Burns & Co class A
Calmont
7c
5c
8c
Lake
Jan
1.50 Mar
25c
Apr
8V2C Mar
25
35%
19c
Products
1.18
1.55 Mar
66c
May
May
800
16c ' Sep
16c
Sep
Sep
8%c
Linen
3,050
Apr
3,00
35%
-1
Products
Oil-
6c
Ltd
footnotes
Power
Dominion
&
1.65
3.40
—
For
British
Caldwell
3.10
11%C 11%C
7«.2C
3,000
21,300
500
Broulan Porcupine
Bruck Mills class A
Calgary
6c
12%c"
_I_
12c
14c
Feb
Nov
1.65
Jup
11c
12c
•
Mar
2.90-
Nov
13%
10% May
9c" Feb
11c
1,020
B
6,5
Nov
Nov
75c
33C
1,300
23c
-
Callinan
900
52
27c
Sep
4c
42,500
26%
-1
Burlington steel
10
Mar
224,000
7 %c
Feb
10
Feb
13
26
—
Packers
Columbia
Nov
Mar
Ltd
Oil
Columbia
58c
:
12c
75c
23c
common
1.56
20c
Canadian
10
Jan
Nov
23c
3.10
Nov.
5%c
18c
18 %c 18 %c
35 c
ltiViic
62c
7%C
Ankerite
3c
12 %c
Exploration
—
Oil
Forest
Buffalo
Jun
Nov
Jan
July
12%
18 %c
15c
5c
12 %c
*
Electric
Buffalo
Mar'
22C
70c
25
6c
42c
1.52
9,900
11%
Preferred
7%c Sep
40c
16 %c
7c
26%
:
83c
5.75
-1
6c
9%
Lake
Oct
53c
Oil
Distillers
American
Feb
12,000
__
Omnitrans
&
Red
Brltikh
Sep
19,400
1.94
44,200
7%c
A
Columbia
Nov
S4c
:
Homestead
Ventures Ltd
class
50c
X*
Consolidated
Brewers
Brewis
Canadian
Oil
Millen
2%c
6C
Caisary & Edmonton Corp Ltd—
Gaspe oil
&
Columbia
35c
84c
i
14,096
11
Oct
Nov
Nov
50c53%c
x
31c
11c
Brazilian Traction Light & Pwr.com—•
1,500
12
53c
22c
9%c
6c
•
2,650
25c
41c
22c
9%c
19 %c
-
British
Jun
16c
Oil Stocks—
British
w__x—
3.50, Jan
30%c
13
51c
2.25
14% Aug
—
British
Jun
90c
~i
—II*
IIIl
Mar
Mines
55c
500
16 %c
145
Buffadison Gold
5c
'
Anglo-Canadian
Pershing
Bralorne
2,000
300
1
13%
-1
7c
50c
*
12%
Jun
Sep,,
26c
12%
8c
39c^ Jun
12%
common-,
—I
1,000
50c
72c
Oct
-1
Mines
35c
20
.
72c
10%C Aug
2,185
12%
1
Mar
6c
65%
-1
—
Ll
Gold
4%c' 4%c
1
6c
35
-25
I_H
,_
55c
i
;
11c
12%
11c
11%.
25c
Ltd—IIIlIII.1
—
23.800
%c
i
Ltd
149,000
l%c July
8%c Oct
13c 17
3.05.
2,000
15,500
-1
common'
Oct
7% May
83
"Jan
15
Ltd
7c
50c
Ltd
3%c
'
82c
5% Mar
42
Class B
5%c '
1,000
——A
Ltd
15c
6%c
1.65 Mar
1
;
Mines
Mines
Apr
1,000
1,000
9c
Corp
Vinray Malartic
* Jan
52
Ltd—
(1944)
Mines
22c
9c
Mines Ltd '
Cons
Thurbois
13 %c
Oct
4%c Sep
•
Mines Ltd
Mines
Mar
10c
6,600
Ltd——50c
Sherritt-Gordon Mines Ltd—
_l
Gold
5c
3,000
52
Santiago Mines Lid
Sheep Creek Gold Mines
Silver Miller
22c
10,500
9.000
4%c
580
21%
Gold
Corp
Mines
16c
15c
11%
6%
Jan
21c
8c
A
:
Hats
Ribbon
12c
Mar
f—<•
Ltd——
1.38
10c
90c
l
6%
Oct
3lc
6.%c Mar
61c
—
Kirkland
5%c July
3 25
j
14,800
A
class
Gold
Bidgood
3%c July
82 c
13c
18c
Apr
12
Nov
14c
Nov
3.45 May
9.20
70
———
Telephone
Bevcourt
1,500
.—,—5
Ltd—
Jan
Bell
9c
6%
—
Yellowknife
49,500
2.20
Ltd
22c
Jun
3.05
,
Ltd-
68,%C Nov
1
•
Aug
1.10
12% c
Quebec Labrador Development-:
__1
Quebec* Manganese Mines
*
Quebec Yellowknife Gold Mines Ltd- _1
Red Crest
18c
14c
1
Mines
Dredging
Mines
12c"
24c 26 %c
3C
July
Jun
146,500
60c
_l
4 %c
1.500
Nov
65 %c
1.35 Mar
17c
-10
class
Power
Beaulleu
Oct
14
—-III—IIIl
Ltd
,3.10 NOV-
8c
53c
24c
13,000
-10
I
Mining—I
Bros
Brand
53c
9c 10%c
Jan
%c Jan
20c
Jun
„io
Scotia
Innes
Beatty
1,500
11%C 11 %c
15%c 15%c
Co
,
&
Batliurst
Sep
9c
7%c
—
Ltd
Bates
Nov
16c
Mar
32c
Mines—I
Mines
3V2C Jan
Nov
8.25
—1
;
Toronto,,
Biltmore
10
Gold
3.10
170
—1
of
26c
Apr
Oct
56,915
Jan
12c
7c
Mines
Mines
Apr
8c
3.20
I~5
Mines'-—,—-
Mines
Montreal:
Nova
6c 13 %c
%c'
I__
Ltd—III
Ltd
Mines
Dredging Ltd
Mining Corp Ltd
Gold
2c
7%c May
49c
—1
of
81.800
1.16
:
;
Gold
Bank
c
37 %c
-
Ltd
Mining
Red Lake Gold
Normetal
United
3.10
59c 68 %
8c
12
1
Nechi Cons
Siscoe
1.25
Oct
5,500
51c
Ltd-
Mines
Mines
(McIntyre-Porcupine
Pato
Bagamac
Mar
6,100
178.200
3.20
8.65
41
8%c
:d
9
12c
64c
58c
2.80
9c 11 %c
IIIl
12,
Mar
Apr
70
Mines
50c
3c
8c
38o
22%c Feb
12%
CO
Oct
1,000
155,100
1
Yellowknife
Nov
14
33 c
9c
Steels
Atlas
Jun
8.65
*
Atlas
Nov
Apr
Mar
10c
7'%c
Atlantic Oil
Jan
Nov
of
Jun
25% Oct
75
1,500
Jan
7%c
—
50
■
65%
650
18c
20c
—1
(1937)
150
.
44% Mar
24
60
25'%
33c
3.15
«•
July
8%
Apr
Nov
ajc
10
A
„i.
23
%c
1.1(3
—__I—_1
Uranium
Gold
May
45c
57
18 c
63c
£
38
20c
K
Ltd—
Goldfields Ltd——
Mines Ltd-—
II
McWattprs'
19
115
33% Mar
26c
7%c
"
22
20c
"
Mines Ltd
Macdonald
Feb
Feb
_i
Mines Ltd—
Louvicourt
Mines
,._i
i
Mines
Gold
Gold
Quebec
Feb"
37c
500
9c
"I*
II
'
—
Ltd
Joiiet-Quebec Mines
Lingside
Astoria
Jan
735
.
Sep
July
j-
Ashley Gold & Oil
25
Base' Metals
"It
I"
•;
Lake Shore
13%
14% May
17% May
Oct
104
class
—;
Jan
2c
1
__
—
Athona
6,000
——III—l
Heva Gold Mines Ltd
O'Brien
14
3.10
Mines .———1
—1—
Ltd
Hardward
Rights
27% Mar
13 %c 14
L
_
Mines
Ashdown
53%
18c
1
H™
Mar
13
13%
25
.
,
5c
62c
Mines Ltd
Gold
Apr
Oct
3%c May
100
Gold
275
..
1.2512%'
13%
20c
.
i.-.
Ltd—j
Mines
Kerr Addison
10%
112
11,000
55c
14c
180
•
Armistice
Aunor
300
211
38
2c
Ltd——-_V
Ltd
International
109 % Mar
Arjon
Sep
22%
21
Ltd_I~ ~~V
Formaque Gold Mines Ltd—
Jack Lake
Sep
27% May
75% Apr
common—
16
22
5c
Ltd—1
Mines
Gold
Feb
Feb
Corp
9V2 Sep
87,% c Jan
5c
1
Preferred
Aubelle
37%
1
—
Ltd
Red'Lake
Lake
1.10
Oct
20
Argus
Bank
Mines Ltd
Mines
Cons
Jan
'
___i
Duvay Gold Mines Ltd
Hoilinger
Howey
5% May
13%
r
500
8,600
33k
I—_IIHIIIi
Apr
7%' Jun
Oct
75c
58%
«
II
—-
-
-
630
24%
102% Aug
26c
25%
18c
«
Aumaque Gold
10c
Mines
85c
65%
Mines
Apr
5%c
Goldvue
Apex Consol Resources
Aquarius Porcupine
Jun
5c
Lake
Nov
Apr
Sep,
4c
58%
•
I
1
16%
50
~ ~~,HZ>
Oil—
35% Jan
97
%c
4%c
IIIIIIIl
Lead '
Canadian
18
10c
Gold
Anglo-Huronian
Anacon
24
1
East Sullivan
Aiigio
Jun
Sep
6,800
Goid
Aug
Mar
16c
Mines
15
21
17
8c
Mines
May
Oct
14
15c
Doaalda
Jan
9%
Mar
75c
24
1
__
May
44
Feb
65
»
31
25
l
Dicxenson
Yellowknife
Mines
19
4% Mar
295
pfd-III~~~25
Canada
Larder
115
12%
II_II
i.-—xI-IIl:
Cadillac
Lake
Nepheline
American
of
Nov
12%
90
23%
100 100%
•
_
Aluminum Co
94
37%
23
19% May
21% May
39
Sep
*
Ltd
23
21
13%
—
Ltd_<
Aluminium
common
American
Nov
18
1
Jan
May
4,975
—1
Cons
Jan
30
20
23 %
—1
Steel
14%
_V
Mines
Algoma
23
.
1;25
■
Nickel
Madsen
54
Ltd_I1
Detta Red
Indian
495
5,813
..
Mining Co Ltd—_i
Denison
Found
19;
112
*
:
Explorations
Cournor
Eldona
500
Yellowknife
Pacific
10%
Mar
12% Mar
19%
37%
•
Gold
Oct
91%
175
.
42c'
ff.
I_
*
Central
Dome
.-.455.
.
17
23
■
Candego Gold Mines _J
Cortez
13%'
42?
>
Ak'aitcho
Alger
15 %
90c
High
1,440
19%
8%
Feb
Nov
Low
16
Surpass
Alberta
Range Since January 1
High
15
.100
14%
Centremaque Gold Mines Ltd
Cheskirk. Mines
Ltd— I
Consol
1.001
100
__
—;
Mines
Central Patricia
300
23
110
1'
.
Mining Corp Ltd
.
85c:
19
Jan
Low
-20
A
Jan
25
75
16
52%
IIIl
class
Mar
75c
335
16
42c
29
-
#
Bouzan Gold Mines Ltd
'
5
13%
Nov
Jan
Shares
—20
Preferred
Area
12%-
1%
i.
t—
A
_
45
5
16
.-100
-
Ltd.
Lake Gold
27
91%
16
$
—
Beaulieit Yellowknhe
Bob s
17%
100
8%
•
Mines
Base Metals
10%
100
75c
74%
—j—1
Athona Mines Ltd
Aunor
loj
17%
111% 111%
—
Stocks—
Alger-Gold Mines Ltd
Arno Mines Ltd
AubeJle
11 V«
85c
13%
*,
Ltd--
Wilson Ltd (J Cl——
Windsor' Hotel Ltd
J
36
22%
__
Grain
lz%
73!
%
•
_
!_
J
Products Ltd
Western
75
;
jun
for Week
15%
\
Amalgamated
150
■
Acactia-Atlantic
Jan
9
235
22%
-ioo£
_
-
13%
16%
5
L__
Ltd-
51%
39%
12%
loo
Ltd.——I—1_„
Mar
30 %
91%
85c
Apr
7
5
27
%
r
8%
^10
74
x—
—
United Corporations" class B
United Distillers, of
Canada, Ltd
Westeel
14
9%
75c
pfd__'_I„100:
6ft
Ltd
Industries Ltd j—
Soiithern Canada Power 6ft
Invest
120
51%
17%
5
Scores Ltd«— -x_l
Stores
25
8 %
4
May
31% May
14% Apr
11 Vis
'
"1
Russell
Thrift
Oct
39
100
Co
'
_
Quebec Pulp & Paper 7. ft- pfd—
Southmont
Jan
25%
16%
."ZZlO
Paper
Pr
Nuclear, Enterprises
15%
2%
25
29%
—_II_10,
Ltd—
Lt*&
Sep
775
120
$2.50 preferred
Agnew
10
11
.
Ontario
Scotia
Jan
3%
*
;
Jun
Sales
Range
Of Pricey
Par
Abltibi Power &
Paper common
$1.50 preferred
Nov
45
27%
9%
pfd_._20:
common
62%
20V*
8'%
*
—
Feb
Jan
51.%
..10
pfd
Lid
Corporation
Nova
4ft
Jun
Feb
1641
100
27
11
_lu'
—"
of. Canada
Moore
I
if
%
Oct
Jan
3%
9
conv
10
42
9
Week's
Lasjt
Sale Price
STOCKS—
Jaii
3%
Jan
Friday
Jan
27%
-IIIl*
com—
and
Distilleries
10
21
2,115
14
Co
Ltd
Tel
as,
Co
65
100
A
Paper
Co
&
"Eights" when,
17%
1
class
MHling
Maritime, Teleg
17%
42%' 42%
Ottawa
(Walter Mi
Power
Leaf
Cl
50
Inc
Groceterias
26
1__t'
Publishing Co" of
Lambert
Sep
2,080
49
Jan
2
A_*
—
Loblaw
4
4.000
58
All*'
cl
Ltd
Investment Foundation Ltd
6'f conv preferred
Journal
50
2%
25%
*
Ltd
i.Chni
2 Ve
8%
—10
International Metal Indus
International
Aug
36% Mar
Exchange
Canadian Funds
10 % May
29
Oct
80c
10
26
—I*r
Halifax Insurance Co
h.vuro-EIectric Secur Corp
100
38
Toronto Stock
High
% Mar
25
50
1.00s
59-t4
com__II—\
,_
6
2%
248
'•
—III
preferred
28
1.00
38
•
A,
:
60
8%
1
Manufacturing Ltd
Motor
1.00
1
—
12.
Range Since January 1
Low
7%
28
—o
Shares
Higfy;
7%
-~7oO*
pfd^—
Fanny Farmer Candy Shops Incl~"
Federal Grain Co class
A—
hum
Low
•"
Ltd
MARKETS
NOVEMBER
fcr Week
of Prices
ENDED
Sales
Last
Sale Price
STOCKS—
Week's
LISTED
WEEK
(2041)
I2V2
57
10
Mar
14
30%
*33
355
21
Mar
34
Oct
65c
65c
1,105
64c
Aug
88c
Feb
14
14%
101% 1011/2
16%
.25
—
15%
16%
10
340
77% July
11
Oct
Mar
15
Jan
10
99% Mar
103
Jun
20,940
12% Mar
21%
Jun
24
26
Sep
25
25
10
1.10
1.10
200
July
1.00 Aug
2.65
Jan
41
42
RANGE
for Week
Sale Price
Patricia
Central
Mines
57c
60c
4,500
30c
Mar
8c 12 %c
318,3oo
4c
Mar
.1
58c
„1
10 'Ac
Willans
Preferred
Coin
——„
3,000
Oct
75C
Feb
30c
1.25 May
1.10
90c
1.10
1,050
79c
Oct
5c
4%c
5 Vie
44,100
2c
Aug
6c
34c
32c
23c
34c
26,-120
13 %c Aug
2.01
2.10
4,250
1.72 July
25 *
25'A
Yellowknife
Nov
Bakeries
Consolidated
Beattie
14% May
July
26
17
13%
13
13%
1,810
lo
17c
16c
17c
3,383
16c
July
27c
Aug
Feb
6%c
6c
8c
7,800
5c
Mar
9c.
Cadillac
Central
Consolidated
Consolidated
Feo
Consolidated
Cosmos
Imperial Mills
Bit
Craig
5
common
Mines
Crestaurum
Croinor
Pershing
1.45
Hudson
Sep
Hugh
Aug
Aug
70c
17c
4,435
145
150
1.45
49,127
25
Dominion Bank
Dominion
200
Dominion
25c
5,750
18c
July
42c
2.520
39c
May
Nov
4%
Dominion
Dominion
Steel
Dominion
7c
Mar
21c
Jan
65,349
10c
Mar
38c
&
9
21c
East
Arnphl
Crest
11
Jun
Nov
International
Nickel
International
Uranium
15'Ac Oct
48c
45c
Mar
Jacknife
Co
1,000
52c
55c
11,700
43c
July
82c
Jan
26c
21,600
23c
Sep
64c
Jan
Jacola
18%
20
2,000
16%
Feb
Jan
65c
40c
40c
5,400
28c
Oct
14%
14'A
15
1,380
14%
Nov
23% Mar
Nov
27
Feb
Jan
24%
23 %
25%
810
23%
26%
26%
27%
870
22
Mar
28
50
6
Mar
__
99
24%
24 '2
13%
Jan
103
Apr
3% Mar
360
l
Mines
5% July
Joburke
21%
23%
21%
21%
11%
Feb
.
24c
14c
Feb
1.10
Mar
9%
9%
50
27c
73.400
17c
Jan'
30 %c
Jun
11c 15 %c
249,300
4c
Aug
16c
Nov
23 %c
18,900
9c
*
9%
12% July
Nov
9%c
9c
10c
Jun
33c
Jan
5'Ac Mar
11c
Nov
26c
50c
May
7c
1,000
9%c
30,400
Feb
37c
37c
39c
7,000
1.66
1.79
24,650
1.33 Aug
2.08
East
Sullivan
1
3.15
3.05
3.30
10,825
1.64 Mar
17,400
24c
July
Kelore
Mar
Aug
79c
151,000
12c 13'Ac
3,500
10c
.1.73
1.83
24,700
Falconbridge Nickel
4.65
4.50
4.70
5,438
•
15%
15%
16
1,885
I
37'A
37
38
310
Mines'
—.
♦
Grain
•
.
Federal Kirkland
Products
7%
8'A
112
6c
—•
Fleet Manufacturing"
9%
class
May
1.54
Jun
Jan
25c
"
4.55 Jan
Apr
5.05 May
15 'A Mar
18% May
34
47%
Mar
3% May
85
Mar
Jan
Oct
9%
Nov
112
6c
4C
500
10
250
.
:.
7'A
7c
Sep
May
11% July
Feb
11%
75
11
Mar
12%
Sep
2'A
2%
4,100
2
Sep
3%
Jan
25%
».
H%
2%
25%
26
2,215
21
9'Ac
A—
9'Ac
500
,88% ,88%
10
,
preferred
'
—100
Exploration
8c
5%
Power
,88%
2.05
2.00
2.10
5,900
17%
•
common
preferred
5%%
_*
-
General
Bakeries
General
Mfg class
A
Labatt
17%
275
Aug
9
Jun
Apr
11
May
40c
700
34c
July
55c
Jan
28
365
25
98%
29%
11
40c
Sep
Mar
Mar
Mar
Mar
31%
102%
39%
16%
May
Jan
Jun
Jun
May
3%c
8c
1%
3c
Oct
Aug
Nov
Aug
7c
21c
14%c
23c
4c
15c
24
Oct
58c
Mar
Oct
59c
14c
July
Apr
37c
Oct
28% Oct
Oct
Jun
Oct
Nov
Nov
Apr
50c
15
22c
40c
—-
27%
.100%
3o%
35%
36%
6,866
13%
13'A
13%
55,739
51c
45c
57c
103,600
6c
5c
6c
60,200
15c
18c
4c
4,000
l%c
„
l%c
7,600
46c
46c
6'Ac
53c
6'Ac
33,600
4,500
27c
30c
14,600
27%
75
__
21c
.
27%
10c
6c
10c
12'A
12%
18%c
15c
22c
5,030
304,200
1
-
Lake
Lake
32c
1.33
1.500'
6,610
13c
13c
1,700
23%
,
40c
1.24
40c
1.27
—1
Ltd
Exploration
Lapaska Mines
10c
10c
10%
10%
Goldale
Mines
Goldcrest
Gold
Gold
*
2.25
2.25
2.25
*
5.50
5.50
Feb
27
7c
Apr
88% Nov
May
15c
Jan
94
Feb
1.30 Mar
2.29
Feb
__i_—
_
Little
4c
4'Ac
1.000
14%
3'Ac
15
4%c
320
25,600
-
.a
-
Gold
.
Manitou
Goldhawk
Goldora
Goldvue
Goodfish
20
Jun
Madsen
Gold
2
Sep
Jan
Magnet
100
16
May
19
Jan
Malartic
100
100
10
100
Nov
108
Mar
Manitoba
25c July
67c July
59c Feb
1.50 Jan
26% Mar
24% Apr
6
May
40c Mar
10c July
31
30
30
30
31
961
28%
28%
7
28%
7
355
175
54c
12c
16,900
1,000
—
—
23%c
10%c
25c
43,500
1.96
1.95
2.05
3,725
87c
12 %c
34c
85c
86c
12c
29c
80c
96c
14c
34c
85c
28.900
53,500
23,000
...
5,700
370
625
1
Mines
-i.
51c
5.00
4,205
2.90 Mar
7c
8'Ac
29,000
6%C Aug
4c
6,600
70c
75c
41c
43c
16c
11c
Nov
83c
Nov
Massey-Harrls
Aug
52c
Mar
40c
Oct
16c
2,000
11c
Apr
19c
May
13c
8,900
8%c
Oct
17c
4%c
3,000
3c
Oct
7c
July
7%c
7%c
500
2.55
2.65
7,800
1.95 Mar
6%c
6'Ac
6%c
1,000
4%c Aug
5C
4 %c
6c
100.500
I2%c
3C
12 %c 17'Ac
3c
3c
62,000
8,500
3c
14c
•
Jan
Preferred
*
Preferred
,
52'A
1
19%
8'Ac
Sep
2c
Aug
16c
Graham
&
Co
class
*
Ac
*
Bousquet
.
Jan
Great Lakes Paper common
Jan
•
_
Gulf
Lead
Mentor
120
Gunnar
28
49
Feb
53
Oct
Gold
10%
110
10
May
II
Nov
Mining
19%
30
18
Sep
23
Jan
For footnotes see page
44.
317
5'Ac
5%c
8,500
3c
Sep
6c
—
10c
10c
1,500
8c
Oct
31c
21%
21%
22%
—
27
27
•
tf
A-
-
.
11
40c
Feb
1.95 Jan
6%c Nov
15
Oct;
Jan
4,823
16
Mar
23% Oct
24
Mar
30
8%
8%
8%
400
12%
12%
13%
1,115
51%
51%
53
705
35c
35c
4,000
4%c
2'Ac
4%c
6,500
14c
13 %c
14c
27,600
7% July
9% Mar
May
9%
30'Ac
Oct
Mar
66
75c
1%C Oct
8c
Oct
16'- May
Nov
Jan
5'Ac Nov
Jan
Jun
29c
Oft.
18c
Jan
Sep
75c
Mar
21
July
9c
8c
9c
3,500
7c
50c
50c
2,900
35c
20'A
20
20%
225
15% Mar
7c
7c
8c
22,500
5'Ac Mar
1.65
1.40
1.70
1,825
1.15 Aug
.
■
51%
•
Oil
Sep
May
362
-
50c
»
Gold
—1
10%
13
19
270
18
Nov
15c
550
10c
Sep
17'Ac
17%
570
15% Mar
20%
Jun
42 3 4
310
40% Mar
44% May
2.029
44c
44c
45c
1.500
«
13
13
13
15
49c
44% c
53c
66,345
Corp
Knitting
common.
6.10 Mar
22c
13
Mar
Oct
,
11c
Jan
3
Jan
4 %
4%
235
4
Mar
80c
85c
7,350
60c
Mar
80c
77c
80c
4.000
65c
Oct
20c
22c
9,000
20c
Nov
16
16%
545
20
5
May
Jun
Moneta
Moore
13% Mar
1.15
Oct
Nov
15%
Jan
Locomotive
28c
Mar
54c
17%
18%
960
14
May
19%
•
Corp common
Oct
75 %
73
75%
390
65
76
Apr
"l
Mines
12c
9c
13c
19.800
—1
Mosher Long Lac
10c
9%c
10c
14,500
_5
11
11
57
14%
14%
500
28%
28%
100
Feb
May
8c
Oct
15c
Feb
8c
Oct
37c
Mar
Jun
3.20 May
37c
-I
Porcupine
Montreal
11%
48c
17%
Nov
17%
11%
-1
Model Oils
4%
16
11
5%c
1
Brick
19 %
85c
1
11
1
Exploration
Milton
.1
Gypsum Lime Si Alabastine
5%c
1.50 Apr
2c
Sep
Nov
1
1
Mines
12%c Oct
a.425
682,560
.11.-
McWatters
Feb
%
".
Mines
10,325
34,000
1
Mylamaque
Guayana
class
Gold
McLellan
104
42%
17%
•
A
preferred
Greening
Wire
_•
31c
1.80
6%c
4%c Mar
15c
19
1
2.40
25c
1.78
"3c
20
Feb
9c
25%c
3.15 Jan
2.20 Nov
2.20
I5
Monarch
Grafton
-
-
Apr.
2.80 Aug
11
July
9% Sep
31c
•
Sep
•'
2.20
_o '
230
120
Feb
Mar
__
common
Grain
McCabe
10%
■»
1
B
105
52
50
Gordon Mackay class A
Class
108,
14c Nov
40c Oct
1.54 Feb
1.78
—
—
Mid^Continent
Goodyear Tire common
7%
1.95 Jan
Aug
Npv
Nov
1
Mines
Gold
7%c Feb
2.60
10%
July
—_*
Nov
1lAc
.—III
~__i
Mining
4%c
Marcus
9,450
•
,
Maralgo
1.09
10
7%
.
Nov
3.00 Jan
1
Milling—
Leaf
10
7%
25c
Jan
4c
;
1
Mines—Ll
Fields
Eastern
Feb
31,000
_i
Porcupine
6.10
14c
2c
1
Mines
*
A——*
•
_
1.95 Nov
40c
6c
29c
80c
9
4%
Oct
Oct
1.50 Feb
20c Feb
Aug
6c
Jan
8
1
Gold
Lake
Gold
&
17% Jan
5'Ac Aug
14,400
1,200
*
—
Consol
Maple
4.75
3'Ac
_1
Mines
3%
class
Export
Red
300
Jan
8c
Aug
Mar
12
32c
76c
50c
12c
i-*—
B
2'A
3c
2%cJuly
30c
75c
1
MacLeod-Cockshutt
16%
7%c Feb
lie Jan
31c
75c
1
2'A
'
6.95 .Feb
Sep
Jun
3c
3c
1.19 May
1.25 Jan
14c Jan
1
16%
5.40 July
60c Mar
1.08 Nov
6c Sep
Red Lake
Glass
May
3,700
2,000
7,500
River
MacMillan
5c
8c
Macfie
2%
__i
..
Arrow
Golden
Sep
15
Jan
14% Mai3.00 Feb
90c
1.12
Macho
16%
12c
Eagle Mines
Golden
16%
1.36 Oct
Feb
Nov
10'A Nov
1.95 Aug
6c
—1
-
Mines
MacDonald
Mar
2c
6c
90c
1.09
*
1
Goldfields
Mines
*
-
Jan
3c
"
A
Yellowknife
Oct
4ic
19c
1.10
*
class
Mills common—
Lunward Gold
Jan
72c
Jun
1.78 Jan
60c
~
1
*
^
B
111
■
Jan
Jan
Jan
-1
—
Groceterias
108
gc
Feb
Nov
Jun
1
Ltd
Mines
Lake Gold Mines
Macassa
4c
Oil
Louvicourt
Lynx
5,000
4,500
15
4,%c
1+
Mines
London Hosiery
Sep
4.90
7c
25% Jun
7.75 Jan
6%c Jan
38c
1,700
6c
6c
1
Long Lac
Loblaw
5.50
4%c
5'Ac
__
3
—T
Gold
Lingman
__
—1
_1
Lexindin Gold
Mar
•
Jan
Oct
Nov
Jan
4c
23
Mar
4.10 Mar
1,000
573
200-
Mines
Leduc-West
Leitch
101
1
God's Lake
84c
2%cMay
*
1.000
—
_
Gold
Oro
4c
10%
1
Lapa Cadillac
Lebel
4c
1t.
La Luz Mines
"D"
1.20
125
1,025
500
27,400
1
Mines
Laura Secord
3%c
1.10
1.15
0
—,
—
(1945)
Rowan
5.60
__
—1
24
5.80
3%c
24
_..l
,
Mines——
Gold
__
*
1
—
Gold
Shore
107
.
4%c
11%
7%c
32c
1.24
11c
8,500
12%
1
1
Fortune
10
l
3,700
2,133
—1
__
Dufault
100
1
Globe Oil
140
100% 100%
6c
Gate
Labrador Mining &
105
1
Gold
Nov
7
8'A
1
Lake
110
-^-100
Lake
22
20%
305
225
18c
LaKe
Laguerre
110
Giant Yellowknife Gold Mines
Glenora
Sep
Oct
Nov
10c
9%
*
(John)
104
Gillies
Aug
4c
25
Jan
7% July
25%
24'A Mar
8,000
Nov
14%
..
22
1
-1
Townslte
*
—
Products
20
Apr
9
9
—*
Golden
Krkland
100
Preferred
6%
7%
5c
Kerr-Addison
100
;
preferred
27% Nov
Apr
22
I
Gatineau
Jan
23%
225
25%
15c
,
—
Gold
Kenville
Class
11%
•
_•
_„
Gold
IA J)
Frobisher
,
3.60 Mar
60
-1
.
common
1.15
650
112
Fittings Ltd class A..___,
Motor
94c
100
com
Preferred
25
25%
__
Mines
Larder
80 c
Frelman
Jan
41c
1.79
Frdncoeur
Oct
74c
38c
30
Eureka Corp
Ford
41
30
55c
Fibre
10
41'
30c
Elder .Mines
Federal
Mar
17c
Quebec Mines
Joliet
Kayrand Mining
Lamaque
Jan
120
41
7%
Feb
Sep
6'A
7%
41
•
_23
Shops
Mar
12
100
1
3.50 Jan
Players
14
925
7'A
Nov
10%
13 % May
11
51c
55c
55c
—*
•
19% Mar
280
62c
1.77
Famous
21,464
13%
1
.1
—
Kirkland-Hudson
Jan
22'A Aug
J
Fanny Farmer Candy
20
13%
—1
26%
21'A Mar
20
11%
1
Gold
18%
1
Gold
Kirkland
•
Gold
555
*
'
—,
19% May
Feb
Oil
Sol
27%
7'Ac
Oct
12% May
90
8%
100% 100%
8%
8%
Malartic Mines—
Eldonfti
27%
Jun
7
22% May
27c
Leduc
El
Nov
2c
*
.
Jack Waite Mining
28c
23c
24'A
Trust
25
•
common
.—1
Gold-
21c
19%
1
Investment
136,100
7%
100
53c
100
Steel
60
Feb
Oct
East
Economic
7'Ac
*
A
Petroleum
East
Eastern
Nov
7
Preferred
Jan
1.60
Mar
3,015
Mines
5'Ac
13%
1
20c
Apr
July
5
.
1,913
Sep
36C
Jan
43'A
58%
19%
6
Sep
1.05
5c
17%
1.
65.000
36c'
26c
Jun
35%
Apr
Mar
18c
Oct
42c
Nov
29%
100
33%
*
class
Metals
International
20C
11%
Oil—
12c
54%
«
Acceptance common
Lake
East
46,000
27%
10
—25
Nov
1,700
&
Duvay Gold Mines
4c
22c
7%
8
10,800
1.15
9
16'A
Ltd
4.000
17c
7%
«
20C
150
20c
5
common—
Mines
Oct
6c
7c
(John) & Co__
Irispiration Mining —
10c
1
Mudgd
Gold
Feb
11%
Nov
16%
Mines
Donnell
9c
'A
5c
6c
62,250
Dominion Textile common
Donalda
Nov
54%
_
Ingersoll Machine class A__
Kirkland
Dulama
12%
33%
*
_
_
Industrial
158,900
100
Chemical pfd
Feb
9
Mar
32,100
4
Dominion Tar &
5.35
_
May
13c
B—25
com
11%
11,265
34c
Kelvinator
class
Nov
12
__
—
_
preferred
13c
,•
Stores
Coal
13
Jan
30c
38c
-1
Investment
&
Jun
P
common
90c
10c
.10
Dominion Scottish
Nov
8.50
21c
55
Jan
42
40c
Magnesium :
Malting preferred
10%
8,100
19%
6% May
4'A Mar
205
)
Oil
17c
•
_
100
12%
Preferred
11c
J,
Foundry as Steel
10%
11%
r-1
—
—
Jellicoe Mines
__
18
10%
19%
Imperial Tobacco of Canada ordinary.5
30
Jan
5%
52
-
Paper
A
20% July
Mar
240
i,
Imperial
13'Ac
1
Ltd
Sep
Jan
11 %c
2
Mining
Mines
Dome
May
9c
*
21c
Diversified
75c
Sep
11%
Mining & Smelting—.
Malartic
15c
Yellowknife
Mar
5c
Nov
1.60
Mar
415
1.10
.1
Seagrams
50c
6
A
Bay
class
Feb
1,250
7,000
Bank
154
Mar
70c
30.
9
1
Discovery
24 %c
8c
Imperial
30c
20c
Lake
Distillers
Mar
66c
Nov
10c
.1
Mines.
Nov
10c
_
class
International
Nickel
Red
30c
Jun
3t>c
«
Denison
5c
500
9,600
7c
32c
91 % Mar
Jan
Jan
1,000
30c
66 c
131%
Jun
11c
79,950
16c
95c
Jun
8c
30e
10 %c 11'Ac
—
*
Smith
Sep
Jan
7c
7c
—,
Howey Gold
39c
1
Detta
Oct
66c
Mines
Jan
13c
483«
52
«
-
2'Ac
—
_
-
-
Jan
21c
2ac
Petroleum
Delnite Mines
500
1.04
*
Inglls
Davies
5%c
Jan
May
Aug
5%c
12c
15c
Mar
65c
Jun
...1
_______
Yellowknife
Homer
85c
5%
100
-
5c
4.900
8c
Hollinger Consol
Home Oil
July
55c
29
1
-
—
54c
500
150 150',4
29
1
;
__
Crow's Nest Coal—-
5.775
20,500
—
Manufacturing
Holden
5%c July
7c
Sep
13 %
9% Mar
12c
11c
Dauch
&
260
11%
77c
—
_
Howard
600
1.32
*
-
4,800
125 129 3A
126
150(4
*
*
;
35c
5%c
*
—1
Lake
Mines_
Jan
60c
13% e
1514 e
100
.
Exploration
July
6c
Highland-Bell
Highbridge Mining
Hunt's
*
Mining & Smelting
Gas
Consumers
Conwest
12c
10c
Mascot
Gold
16%
Oct
10
220
2lc
60c
1
Consolidated Homestead Oil—
Aug
9,000
72c
_
Gold
Hedley
Heva
Hosco Gold
15%c 15'Ac
15'Ac
,--1
Duquesne
11
55c
10 %
2
_
Nov
3c
Nov
——
Mines
6c
Apr
10c
—
Gold
Jan
'
Consolidated
—
Gold
Headway Red
Hinde
Feb
23'A
100
2
Nov
2.45
12 % Mar
50
14
14
Sep
l%c
J.UQ Mar
Jun
July
2.02
3%c
7.000
-L—
Harker Gold
12'Ac Nov
High
i;5oo
11%
■
Carpets
Harricana
Low
5c
2%c
22c 24 %c
24c
1
#
Harding
Range Since January 1
High
4%c
5c
—.—
Rock Gold Mines
Heath
7c
Low
Gold
Halliwell
n«ua
Hasaga
1
1
Lake
Coiomac
Shares
2%c
Halcrow Swayze
Jan
145
Oct
2.20
2,450
15c
c
131%
*
Plow
Cockshutt
12*8
*
—-25
Dunlop class A
2.74
2.60
2.60
—1
Oils
Cochrane
Aug
10
—1
*
1
*
,—1
Cochenour
for Week
Feb
l.oud
Malartic
Coastal
Jan
16c
135
Chromium
Citralam
33c
5c
-
Nov
1.40 Jan
Mar
13c
9,000
14c 15 %C
15c
1.30
July
1.05 Mar
4,750
1.23
1.15
1.16
41c
I ViiC
Gold
Chimo
26,600
135
Mines
Chestervllle
1.30
G'.jC
—
Sales
Range
of Prices
Par
Jun
1.80
1.20 Mar
1
Trust
Chemical Research
Chesklrk
3,200
—100
Centremaque Gold
Chartered
1.62
93c
1.18
Mine———*—1
1
Porcupine
Week's
Sale Price
High
Low
High
1.56
1.56
-*
Gold
Central
'
-
STOCKS—
1
Range Since January
Shares
of Prices
Low
—.—1 t
—
« •
Sales
Range
Par
Castle-Trethewey
Leduc Oil
12 '
ENDED NOVEMBER
Last
Week's
Last
Central
FOR WEEK
Friday
Friday
STOCKS—
MARKETS
LISTED
CANADIAN
Monday, November 15, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(2042)
Apr
17% May
National Drug preferred
__
National Grocers common
Preferred
*
.20
14%
11
10% May
13
Jun
13% May
16
Jan
Apr
30
Jun
.27'A
Volume
Number 4751..
168
THE
; COMMERCIAL & FINANCIAL
CANADIAN
RANGE
Week's
Range
Shares
'
Par
Hosiery class A
Class
B
Low
Steel
16 %
*
,
Petroleum
National
*
;
_
—_
National
Friday
High
17
Low
Car__
17
3,725
10
17
300
10
,45c
17,100
24 Vs
465
16
45c
_25c
.
14%
35c
»
23
22%
Trust
—_
Mines
Neil sons
10
28%
28
30
4
_
.
(Wm)
2.11
2.10
2.18
103
103
18c
STOCKS—
.
■»
High
Nov
Apr
17
Apr
17
Nov
45C
Nov
Mar
18% Mar
60
6c
6C
500
_
preferred
100
1
Bidlamaque
325
24
1,850
-
SIscoe
Calumet
New
Jason
New
Marion
Mines—
Newnorth
_
Feb
30
1.91 Mar
;j._.
Gold.
100 %
103 %
Apr
2'Ac Mar
6c
Gold
2.06
2.05
2.15
"23.200
53c
53c
58c
8,833
31 Vic July
60c
15%c Aug
*
Slater
Co
(N)
Stadacona
Norzone
New
Feb
Standard Chemical
Mar
2.25
Nov
Pacalta
Sep
8,500
31c
New
Rouyn
Nib
263,000
3c
Aug
7c
Nov
Starratt
19c 25 %C
195,650
12c
Jun
28c
Jan
8teel
92,725
7c
20c
8,250
15c
9c
35,300
12'.Ac
11 tic
13c
1
20c
18c
1
9c
7c
Merger
Yellowknife
Nicholson
Mines
;—•
Nipissing Mines
Noranda
Mines
Norbenite
1.05
__5
92c
1.25
4
54%
1.10
1.24
—
•;
Malartic —J-——
4c
397,800
1.25
58
3,425
14c
.
1,520
54
13c
4,000
15 Vic 15 Vic
:
—
I.000
<
■
1
4c
1.04
43
Sep
33c
Oct
46c
Corp
Norgold Mines
Nonnetal
——_.
4c
Nov
Mar
1.32
Northland
North
Oil
9%c
58
Apr
Olsen
''
c'. '
■'.■
Jan
July
Osisko
v
Pandora
1
Sullivan
Paramaque
Parbec
Cons
Inlet
Tamblyn Ltd
Gold
5c
7%
5 Vi
22,700
125
3V4 Mar
150
*
5'A
6
Apr
43c
2,000
40c
Nov
1.40 Mar
2.20
90c
1.47
1.60
9,100
92c
Jan
16 Vic
23c
13,950
10c
Mar
24c
Jan
13,500
3c
July
7Vic
Jan
59,000
5c
July
16c
Jan
103A
Porcupine
Peninsular
Porcupine
Reef
Power
Corp
^
-'
.
f
k
Gold
Regcourt
Richmac
Robertson
Rochette
Gold
Oils
Roxana
1
Rupununi
Industries
Russell
Ryanor Mining
St
Lawrence
1st
preferred
2nd
St
Corp
Lawrence
1st
new.
preferred
Iron
preferred
2nd
39 Vi
885
1.10
1,400
1.00
6 ViC
4,000
4c
Vic
6c
8,700
4c
4%C
3,000
3c
2,500
37c
28
70c
C4c
2c
5.150
2.38
Feb
39'A
Jan
Nov
1.55
Jan
Aug
7Vic
8c
Mar
May
5c
Mortgage
11'% e 13 Vic
51,000
Jun
Mar
20c
Gas
Mining
Class
United
44c
82c
4c
Aug
1.80 Aug
j 1,940
70c
1
37c
37
500
50c
345
16'/i
11
13
13
1.20C
1.41
7,600
35c
500
10
10
10
Fuel
class
B
Ventures
Waite
Jan
Walker
56c
47'A
Nov
88c
Jan
Feb
Feb
Nov
2.10
40c
9
17% May
11
Apr
90,225 '
55c
Mar
82c
7,450
52c
Mar
39c
390
40c
4,200
16%
2,625
39c
2.85
3.10
4,500
8c
9c
Vic
10c
42
86c
12 Vic
12 Vic
13c
Jan
28c
Feb
50
•
,
41
11
Oct
40
'7c
9c
Sc
8c
10c
19
18%
19 y8
9c
10c
83A
83A
1
9c
Apr
17c
(Hiram)
52c
16
27 Vi
Wingait Gold
4
14c
29
—-1
7'A
330
1.55
6,050
5.80
1,000
9.00
7,865
27 VA
'
2,226
4'AC
8.85
9'AC
6.00
4'Ac
8.90
—4
W)
__:—
__.
common
29%
9c 10%c
•
8,269
7,500
13'A Mar '
18
24
Jan
8V4 May
Jan
2.35
5.15 Mar
7.20
Oct
2c
NOV
15c
Nov
4.60
Oct
2.19
5% Mar
1.45
5c
Jan
Feb
Nov
9.85
Oct
Mar
9c
31% May
Aug
19'Ac Mar
37
38
725
26% Feb
20'A
100
20
Nov
33
33
15
32
July
24'A
24'A
50
22
Feb
Jan
May
Jan
28
8c
2,bOO
5c
Mar
12c
1 'Ac
4,500
6c
Apr
9c
31,500
5c
May
Aug
10c
7'Ac
lie
Mar
20%
Feb
y
t-
.*
_____________
Wool
Combing. —A—
Wright-:Hargreav0k
30'A
30
31'A
4,628
-1
6%c
6%C
6%c
1,000
.5
common
Gold
25
3 6'A
7'Ac
8c
——-
"
Nov
38
7 V'«C
7%c
'——
—
Winnipeg Electric
Winora
36
20
33
—
—_______
19
19
19
120
2.22
;'Yellorex Mines'———
Yellowknife
York
-1
2.15
2.36
4,405
Feb
32'A
Oct
8c
Jan
3'Ac
Oct
19
Aug
24
Jan
Nov
V 2.90
Jan
2.15
18 %c 18'Ac
———
Girl
Knitting class A
4,000
18c
Aug
406'
.1
65c
64c
67c
II,441
!,55c
Aug
81c
7c
7c
8c
4,500
3c
Oct
10c
Nov
6%
6%
6%
90
.*
—
■
—
5% Aug
Feb
8'A
Jan
Toronto Stock
Exchange-Curb Section
■Canadian
Friday
Funds
Feb
19%
Nov
Andian National
10c
Nov
Asbestos
11
Sep
British Columbia
for Week
of Prices
Shares
Mar
Jun
Sales
Range
Sale Price
Jan
Week's
Last
13
5c?
100
83A
Nov
50
23 JA
Nov
14
Oct
285
26'A Aug
/
15 »A Sep
Par
Corp
Preferred
Brown
Co
4
Low
8%
—1
common
8'A
9
100
26%
25
112
Pulp & Paper com.."
100
Z.
Low
26 VA
——
118
153
4%
154
4'A
4%.-.
104%
-100
■f
.Range Since January 1
High
106
6%
High
Apr
10
Jan
25
Sep
30
May
50
72
Mar
135
Jun
15
153
Nov
185%
Feb
6'A
Jan
Mar
115%
Jun
5,431
190
3%
80
Oct
"
'
84
44'A
1
3.30
84
25
44'A
171
3.30
2.60
5c
80
Aug
85
42 Vi
Aug
48
3,200
4c
11,000
3.00 Aug
4c
Nov
Aug
Sep
-4.35
Feb
Canadian
12c
Jan
2,000
6c
Oct
17c
38c
Mar
67'Ac
Feb
243A
Oct
^Preferred
100;
46
Brewery class
Sheep Creek Gold
A_ _50c
—
_50c
l'
Gordon
•
common
certificates
12c
'
46
200
44'A Mar
49
10
11% July
Feb
12c
'
—1
1.60
2,850
2.35
33,703
1.43 Mar
3.20
16 'A
455
11%1 Mar
16%
16
16
115
11%1 Mar
16
6.75
2.26
16'A
150
16
*■'
2,500
11%
2.16
—
12c
11%
1.50
in
,
t
20'A
6.75
10O
63c
649,857
12
100
20c
,
98c
6.50
-
Feb
Mar
July
1.60
8.50
Vickers
Canadian
—1
57c
—5
^
Mines
12
34c
_•
9%
,,
Simpson's Ltd class A
pfd
_100
*
•
—
Preferred
For footnotes see page 44.
34c
.100
9%
38c
27,200 k
10
100
Feb
96%
96%
30
28%
28 Va
28'A
245
23
22%
23
180
99
99
99%
115
5
48
52
131
134
45
4
3%
4
1,625
—*
19%
580
Oct
14
July
Mar
19% Mar
162
20%
126
3%
Jan
Apr
Oct
Feb
Nov
52
52
%
305
39
Mar
19%
3.436
14% Mar
51c
52c
3,400
33 %c Mar
Dominion
Bridge
*
30
30
50
Apr
Donnacona
Jun
Foothills
Mav
52%
18%
Hayes
Paper
20%
20%
300
—*
3.60
3.60
4.00
2.700
*
Paper
26
26
30
560
60
62%
8,280
——"
—
Oil
24%
Jan
175'A
Nov
59%
Oct
192
Oct
4% May
Steel
27
20
2.60
20
Feb
Oct
Jun
Feb
52 VA
Nov
21% May
60c
Jan
33% May
23'A
4.10
34
Jan
Jan
.'■Apr
Feb
Feb
Paper
Ontario
&
48c
Jan
Oil
11%
Feb
Pend
Oreille
Bros
Mar
70%
61%
61%
1,165
46
Mar
70%
22%
22%
23%
1,740
20
Feb
*
5c
4'Ac
5c
8.000
5.60
6.25
11,660
58
58
75
56
Mar
47
25
22
Jan
49
Oct
common——-
Paper
28
Jun
Jun
May
Jan
12%
46
61%
—4
_______——4
Shoe
International
Minnesota
24
215
23
10
*
Jun
NOV
23'A
50
Westinghouse
70c
96'A:
22%
175% 175'A
it\
15% Apr
Oil
Consolidated
16%
July
60
Dalhousie
Apr
9%: July
7
Oct
680
13
July
Sep
20c
22%
13
100
9
4
22%
2
*
common—
Preferred
30c
217
7
7
23
—
Canadian Western Lumber
Price
class A
Dairies
51c
22%
—~————-100
;
Humberstone
Mining
—
Industries
Preferred
Canadian
.—__—1
—
Shea's
Jan
730
Canada Vinegars
—*
"
—*
Canada and Dominion Sugar
31,500
'
•
May
_•
Mines
Bear
Yankee
Ymir
16c
8c
6.00
4'Ac
——1
——
Wiltsey-Coghlan
23c
24
___
Nov
7'Ac July
10c
7'A
1.45
1.50
common—,—
Sep
45c
Class B
(Geo)
Mar
7c
Western
50
5,000
13'Ac
•
1
'
————.
5c
40c
Silverwood
Apr
1.15 Mar
stocks—
23'A
Miller
Jun
45%
200
Oct
Feb
24
Silver
25
19,750
Jan
43 Vic
Bilverwood Dairies
Feb
2.19
Preferred
1,
,
Nov
-
17'A
Oct
25%
•
common
Jun
30%
17
(G &
Products
May
Aug
23 VA Mar
1
Ltd
Jan
12c
Apr
2.01
—
8,500
15
Nov
Sep
1
Silknit
16
9c
Nov
Rouyn Ltd
Bilanco
29
2.15
—_25
i
*
•
Gold
20.000
23 Vi
15
400
Apr
llVi
18c
*
15
8% May
10 '
May
Oct
23c
,
2,666
65
4
5c
83A
23 Vi
__4<)
46,
13'
Mar
3,000
___1
-
8
335
10c
-
Aug
3'Ac
500,100
9c
•
Jan
Oct
501
U-
Nov
Sep
18c
■
3.35
9c
■"
9c
25
-
Nov
5c
23
38c
25'A
*
Apr
5
10
13 Vic
4c
Jan
1,500
11 »4
10
16c
Jan
<
6,500
;
42 3A
HVi
*
1.02 "Feb
Aug
16 3A
■/'
July
10'A Mar
300
6c
Be
Feb
90c
r,
5'Ac-
9'Ac
30%
50
—
Winchester Larder
Sep
90c
-
,
5'Ac
9c
30%
50
Class A
Apr
85c
1
108
,98% Sep
50
Hill
Western Grocers
Jan
Nov
78c
15%
20
preferred——50
Amulet-—:
Westeel
17'A May
1.36
35c
«
100
Jan
Feb
65c
.1
*
Jun
360
Ltd
Villbona
Feb
July
78c
15%
A
Steel
Jan
25c
<Mar
73c
90
Sigma Mines (Quebec)
Nov
12
23
Oils
United
3.50
Shawinlgan Water & Power
trust
11
Jan
22'A
preferred———
Keno
2.30
Senator
Breweries
Aug
May
10'/8
23
Upper Canada Mines
16'Ac Feb
Sannorm Mines
Voting
175
Sep
9
35
______———4
United
Jan
10%
90
9'Ac'
4
B
Class
Feb
46c
2.30 Aug
5c
Oct
1.000
46%
13%
A
Wekusko Consol
45
100
——1
United Corp class
Feb
Nov
64c
1
Sick's
172
180
May
10c
II,650
_______—__50
Resources
City
Union
Mar
3c
,San River Gold
Sherritt
11
11
Jan
Aug
Toronto
Nov
33c
52,800
70c
24
new
_.
11
11
—
Feb
Mar
l'Ac July
275
Ban Antonio Gold Mines Ltd
Shawkey Mines
Winnipeg
39
172 Vi 172%
__
4
—4
7'A Aug
6,100
new
preferred
100
common——
5'A Nov
80c
V
Paper—
Works
13
1.15
14%c July
2,000
—1
Jan
1,695
15c
—
12'A
5'A
1
new
Mar
8'A
40c
common
10
8
—____1
new
Oct
100
5'A
25 Mi
common..
Trusts——
ll'A
__
8
37c
______—
—^
5'A
25'A
—
Jan
•
35c
•
Mines*
Jun
1.08
4
1.36
•
Chibougamau
Roybar
80c
12 %c
July
Twin
33c
1.36
1
—
HV2
Nov
79c
Jan
5,200
77,350
45%
10
Oil
5'Ac Oct
13,700
Mar
14,100
17c
'
Royalite
46c
3,500
90c
50c
72c
2.38
500
1:
—
I,200
8'Ac
85c
Apr
lOVic 11 Vic
—__4
Co
50c
8c
86c
Jun
Nov
2%c
_J__—___— 4
Royal Bank
50c
8'Ac
Jan
12c
4
42%
—
50c
4
1
Mines
Feb
2lc
97c
5'Ac
14
common
49c
21
.Jun
Mar
900
common
Lac
July
July
3,481
9
(Little)
Oct
5c
18'A
6c
2.03
————1
Cotton
Long
19c
35c
2.70
1
Robinson
14,700
7,600
1.92
(1936)
Robinson
Roche
Jun
367,200
5'Ac
———
*
10c
.1
.
Jan
3.50 Oan
97c
_____73c
Mfg
V, 325
61c
29%
Nov
10c
4C
-•
•
—
Gold
22,000
20
Sep
2.34
55c
70c
Gold
Reno
63Ac
25c
23% Mar
10c
44c
Macdonald
Reeves
,290
4,090
96c
2.60
y!
2,000
?.
*
1.95
=•
30c
27'A
1
2.60 !
.
27
Transcontinental
6'Ac
_______
':
27c ~
,
,
Sep
-1
* -
.
Jan
Feb
.1
Mining
Quemont
Jan
1.99
1.15 Nov
liy8c
Oct
■.
.t
19c
2,840
18'Ac
._1
Queenston Gold
2.05 Jan
May
2,300
Aug
__1
„
Mar
9c
2,100
9c
1.26
Mar
1.06
3c
1
;
99c
1.45
9c
19
Class A
*
Labrador
Nov
6c
X
Manitou
15c
5c
38 Vi
16
Quebec
Oct
1,000
16c
Gold—
Quebec
3c
4,500
C6c
oc
Mills common—_—10
Flour
296,500
Jan
10c
3%
2.10
Prospectors Airways .—„—_4
Purity
Sep:;
15c
Apr
2.40
7Vic
-1
—
21c
150
16c
_1
Dome
Nov
6%
6SC
2.33
—
East
15c
f\c
Gold—
Metals
Pressed
1,500
5%c
Elevators
Weston
Preston
1.55 Nov
" X5c
Sep
Towagmac Exploration
•
Rouyn
8.625
:
12c
*
6VaC
River
Powell
1.65
—1
Silver
Toronto
f•
Powell
83
Oct
7Vic
-1
—————_____
Mar
4c
Nov
Jan
5Vi
12 'Ac
Gold
72
1,600
20
Gold
Toronto
Sep
Vic
„1
Pioneer
42
7c
Sep
-
1.84 May
8 Vic
70c
•
Sep
-
83
.
6Vic
Mines
Tombill Gold
Terbrit
May
4
33c
.
94c
15
July
Toburn
40c
10 %C
,
July
82
^._1
Tip Top Tailors
.
Mines—.
60c
Jan
Feb
______4
Thurbois
Oct
_1
..
17-A Mar
Feb
25c
Nov
_1
k>
8'A May
21'A May
13%
21c
8'A
-1
*
97
67
25c
5c
-1
Gold
8% May
Oct
Feb
4'A
65
2.45
Aug
4c
39
Porcupine
Jan
190
2.36
2c
Gold
Crow
5'A Mar
80
Oct
68c
1.40
27
ThompsomLundmark Gold Mines—__4
Pen-Rey Gold Mines
Pickle
July
1.62
Mar
Jan
1.06
———
30
1.18 Mar
44%
41.15
•
30c
2.36
Aug
Paymaster Cons Mines
Piccadilly
4
__1
Mines
10c
July
7C
Ltd.
Malartic
17'A Ma r
49c
ilOc
1.20
common
Gold
River
United
Perron
9c
1
48c
9c
——
May
15c
1.45;
50c
Apr
_1
———
—
—1
Mines
4c
.—
i—____—
Mines
Malartic
Partanen
Mines
V
Gold
14c
5,540
-1
Mines
Jan
30
81 VA
7c :
1.56
-
Apr
Mar
1.55
13c
1
5,700
Tubes—;.
Cadillac
82
14
__
Nov
Sc
~1
Porcupine
3,350
81%
1
Taku
11c
Jun
1.70
__1
Hershey
Pamour
62c 65'Ac
62c
7c
Union
Page
10
14%
8,500
6%
Mines
19%
82'A
Toronto General
Mines
19%
81'A
*
Nov
7c
Petroleum
25
May
4'/2c
—
20
100
•
25
Sylvanlte
' :
;
100
6
.*
common
26c
*
—_
Lake
Lake
Osuiake
Pacific
4c
74,800
1.60
——_
Gold
Red
—1
;
Canada
4c
18c
——.
6%
81'A
19*/«
Sudbury Contact
1
Exploration
Orange Crush
of
3.15
July
43c
;.
Orlac
2c
Gold
Bros
Co
Preferred
Nov
24c
1.50 Mar
1.6C
Gold*
Omnitrans
*
—
6Vic
7
—.
3,084
6
__
23c
4 'Ac
___'
35
8,800
54c
81 Vi
__
!
common
Steeloy Mining
Steep Rock Iron Mines
Sturgeon River
Gold
Nov
24c
Oct
1.55
'■> C f
Orenada
11c
5 %
-—.
19
1.56
^6%
__
4%C
common
Malartic
Omega
8c
i____
Oils
OKalta
19
53c
25C
O'Brien Gold Mines.
25
1.45
._
6t"
Ogama*Rockland
O'Leary
14c
21,290
——
Mines——
Star
Preferred
27
1.50 May
Apr
Mar
10'Ac Aug
2,000
3.15
Gold—
39c
1.50
common
Tech-Hughes
Norseman Mines
Inca
4c
2.90
.
__
Norpick Gold Mines—_
North
4c
3.00
_.
Mining
Oct
Jan
9c
Mar
Surl
Nordon
55c
21c
Jan
7c
19c
Oils
Mar
500
•
1O0
Standard Paving
Preferred
17c
•
—
34c
27
*
_1
High
6,150
23Vic23Vic
__
_•
Mines
Stedman
New
Low
48c
20
common^
Range Since January l
High
42c
Jun
4c
5c
_
75c
Low
44c
—I
Springer Sturgeon
Feb
16c
—
1
__1
__
Shares
1
Sladen Malartic
Nov
2.99
1
,
for Week
26% May
_1
*
Sales
Range
of Prices
Par
Gold
Preferred
New
Week's
Last
Sale Price
*
Range Since January 1
Southam Co
National
New
13
,
National
Negus
MARKETS
ENDED NOVEMBER
for Week
of Prices
Friday
■"
■
LISTED
WEEK
ih
(2043)
Sales
Last
Sale Price
*
STOCKS—
FOR
CHRONICLE
Selections
—
*
—
-—
——
—
3c
2.25
May
Feb
6'Ac Jan
6.50 Nov
67%
Jun
99% May
Mar
31
Jun
Reliance
18
Mar
26
Jun
Southmount
96
Mar
101%
Jan
*
Grain
Investment
Temiskaming Mining
_—
47
47
*
42c
42c
42c
300
37c
Jan
45c
Nov
7C
7'AC
2.500
6c
Sep
8c
Jan
1
44
THE
(2044)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, November 15, 1948
OVER-THE-COUNTER SECURITIES
Quotations for Friday November
12
Investing Companies
Inc
Fund
"Axe-HoUghton
Axe-Houghton Fund B
Corp
Beneficial
Corp
Holdings
KftSS?
3.61
23%
3.62
8%
7.07
14.17
4%
2%
-
•
Automobile
.
25%
3.97
-
Bullock Fund
Ltd
Canadian
Fund Ltd
Inv
Shares Trust
Fund
1
Steel shares
Nation.wlde
Bond
—
Low
23.35
i
15.06
o.bv
22.99
24.»d
L74
Stock
10
1
Inc—-2
Fundamental Trust shares A__2
General Capital Corp
—1
General Investors Trust—-—1
23%
5.09
"•!»
Corp
Boston
Fund
Fundamental Investors
..
.
< ■
^ /*
.
10
shares
lc
lc
lc
lc
lc
lc
L.lc
1
shares
shares
shares:
stock shares-
shares....
shares
shares
C.27
6.85
1
6.55
Aviation
Bank
t
tl %s
6.17
$1%S
shares
England
york
Fund
gtocks
3.28
1
5.77
1
5.62
Due
1.65%
7-
1-48
4-
1-49
bl.60
1.45%
1
9.80
8-
2-48
5-
2-49
bl.60
1.45%
Corporate bond series
.1
Diversified Industry...
1
Diversified Investment Fund.l
10.55
11.19
1.55%
5-
1-48
2-
1-49
bl.55
1.35%
1.65%
10.72
11.75
1.55%
6-
1-48
3-
1-48
bl.55
1.40%
1:65%
10.15
11,12
7.85
Diversified preferred stock—1
10.00
10.90
1
7.39
8.10
InsurRncc
i_
10.03
,10.99
~l
1
9.15
10.03
Electricial
qc
equipment
sforlc
Merchandising
7.91
oie,gals
7.U
—---
r™—z
Tobacco
—
8.40
4.88
5.28
x4.52
4.91
4.30
Petroleum & Trading..
Putnam (Geo) Fund
Republic Investors Fund
Russell Berg Fund Inc
Scudder, Stevens & Clark
Fund
96c
6.94
13.11
Bonds)
Bds)
1
1
(Speculative
Grade
Priced Bonds)
Bonds)
1
K-l (Income pfd Stocks)
1
K-2 (Appreciation pfd Stks)_l
8-1,(Quality common Stks)_l
8-2 (Income com Stocks)—1
8-3
(Appreciation com Stks)_l
8-4 (Low Priced com Stks)—1
Bid
18,
2,
Dec.
2.39
2.62
Dec.
25.20
—
13.41
lie
Series
1
B—
17.48
28.50
25.35
17.66
9.87
17.13
22.24
26.94
0.98%
1.02%
bl.12
1.03 %
bl.12
1948
30,
1948
New York
14.20
Diversified Trustee
11.02
4.32
12.03
4.72
Series E
Independence Trust Sharea
18.60
Bank of New York—
Bankers Trust
-10
100
99
7117
9.87
9.14
9.33
16.37
17.87
15.32
the Manhattan
Series
2.08
2.38
Surety
:
Automobile
Bankers 6c
Far
Home
Insur Co of North America—10
50
Jersey Insurance of N Y
20%
22
27%
11
Massachusetts
18 */s
20%
14
%
16%
Bonding
Fire Assur
Merchants & Mfrs
General
Life-
Continental
Casualty
Trust
National
25
National Union Fire
3
36
New .Amsterdam
Casualty
2
Hampshire
Fire
York
New
18%'
20
Northeastern
.10
80
84
Northern
52%
.
.32%
27%
29%
10
40
33%
30%
32%
155
36
■-
Manufacturers
42%.
Morgan
.10
55
59
.10
73%
76%
-5
13%
(J
Trust
38%
40%
23
P)
Co
.&
Co—
20
Inc
14%
22%
24%
—5
Pacific
Fire.
Indemnity Co
6
84
40
25
82
85
38%
40%
99
10
48
51
80%
New
York Trust
Sterling National
25
12
10
31%
33%
United
'
Bid
;
Arkansas Pow & Lt 3 Yas
1978
Public
,
Natl Bank
States
Ask
99 %
&
Trus%17%
& Trust
Trust
100
Stocks—
100%
Ashland
.-1967
1978
94%
Du
99%
5
3%
4%
30%
'fp
100%
&
Michigan
Bell
Nashville "3%s_2003
(Alan B)
•
(N Y)
2
10
Marine
Tel; 3%S—1988
k_„
-
4 %
■
100%
100%
1978
100
101.
1978
100
ioi
1978
100%
R.1982
100%
101
City Power
&
26%
pfd_100
preferred
Power
Pac Gas
&
101%
Metro
-
New
Elec 3%s
ser
1077
100 %'
Pacific
1983
100
1978
101
Wisc-MIchigan
4.35%
3y8s
1
■
*
.
21 %
27
42%
44%
Standard Accident
10
30
32
31%
aOdd lot sale
76-
30
Travelers
U S
...
-10
28%
30%
Hartford
Fire
...
-10
112
115
Hartford
Steam boiler.
.10
31
33
U
U
S
100
Fidelity & Guaranty Co—2
Fire
S Guarantee
Westchester Fire
included
change.
dividend.
-—.
4
10
2.80
87
94
95
-98
100
k—
100
90
92
100
103
104%
104
105%
102
& Lt 4.60% pfd_100
102
.(Colorado)
4.40%-100 *100lU
•3.50%
100
100%
of
100
New
103
101V*"
,
Mexico_7
101%
1978
3s
(Indiana)—
preferred
Public Service
100%
pfd
Pow
Public Service
V
.
5%%
75
78
13%
14%
Tennessee Gas Transm's'n Co—,
;4%% preferred
__^100
92
94
•
11
2
"
11%
1
-
29
10
-_5
85
Dfd-tnn
Texas Eastern Transmission
Tucker Corp "A"
46
10
10%
Surity—
Security (New Havep)
Springfield Fire & Marine
10
44%
9%
...
19
2%
78
19%
preferred——.
23
18%
100
Pub. Ser
1978
Power
22%
pfd_—100
England Gas & Elec—
preferred
Penna
Tel
Ask
N Y State. Electric & Gas—
•4.50%
preferred
k
&
Uid
Okla Gas & El
Pacific Pwr & Light SY*®
Tel
Edison
4%%
3s
28%
75
42%
American
560
Light—
101%
3s
5%
-.5
72
10%
530
'
Kentucky Utilities 4%%
Elec
32%
..3
.15
Seaboard
12%
5
.10
26
71
9%
Laboratories
convertible preferred—20
Kansas
West Penn Power 3s
General Reinsurance Corp..
Glens Palls
22
67
Refining
preferred
Florida Pow & Lt 4%%
&
83%
10
Mont
5
:
Par
Oil
; $1.20 conv
Cudahy Packing 2%s
104
Qkfbe :6c. Republic.—
Globe 6c Rutgers Fire com.
.15
210.
24
'
Title Guarantee
San Diego Gas & El 3s__
10
&
52%
33
13%
7
80
^3
...
Reinsurance Corp
Republic (Texas)
Paul Fire
50%
204
54%
♦
Phoenix
St
r
47
100
14%
Firemen's of Newark..
16%
1,440
12%
City Bank
160
—
Frisco..
Phila
30
Trust
—10
15%
Kings County Trust
100 1,400
Lawyers Trust ———25
45
81
43
13
2.50
.20
Hanover Fire
28
274
Irving
89%
-
Ask
1.290
265
12%
34%
12.30
Preferred Accident
Great
100
Industrial Bank of Commerce.10
42%
103
34
B-d
100 1.230
1
78
New England Power 3s_:
54%
31%
River
Providence-Washington
3pd
Guaranty j Trust
52%
Ohio
3
Fire...
66
of
Bank
10
Narragansett
46
60
of
National
Federation Bank & Trust
Fiduciary Trust
:
Louisville
'28
56
Fund
*
40 (4
_10
7%
44
63
Axsn
6%
26
.10
Mre
^ar
316
81
60%
22%
10
-10
Fireman's
20%
(Detroit).-10
Fire
58%
14
29
National
Federal
Fidelity 6c Deposit of Md—
1.10%
...
...
First
'
20
28%
62
.10
—
bl .15
I&49
*
25%
National
Co
46
26%
59%
employees Group Assoc
Employers Reinsurance.;—
-
?'b
86%
Commercial National Bank &
Louisiana Pow & Lt'3%
13
17%
76
40
27
28
Causalty
105 %
B
26
.10
Inc
301
9Q
8
24
Pacific
Crum 6c Forster
Ask
44
—4
26
—3
Fire--..
37
common—1
Merchant
12%'
9
101%
20
$2.10 Prior preferred
—10
$1.05 Convertible preferred.B
42
North
Camden
Connecticut
Bid
-
10
—
10,
1.08%
ity Issues
Ask
23
Shippers
Boston
23
100
Companies
New
American
Feb;
1.08%
1.08%
bl.14
—
2.37
10
Reserve
bl.13
bi;i3
1949
3.29
1
Series 1956
1
10
10
Re-Insurance
American
1949
1949-
3.
Exchahge Bank &Trust-20
Empire Trust
50
7.30
1
1955
Maryland Casualty
American
Co—10
Central Hanover Bank As Trust 20
Chase National Bank
15
Chemical Bank & Trust
10
16.47
66
Casualty..
5
Equitable Assur
3
American Fidelity & Casualty.S
American of Newark
2%
1.06%
1.06%
North Amer Trust Shares—
9.08
6.34
47 %
American
20,
Feb.
Ask
40 ^
Brooklyn Trust
2,80
62
American
Jan.
Jan.27,
18.51
Shares—
45 V*
4
Bid
Bank of
Unit Type Trusts—
48
.10
bl.13
bl.13
City Banks & Trust Co S,
79c
Continental Bank & Trust
23
Automobile.
Ask
19491949
1.03%
23,
Corn
10
Alliance.:—
6.
1.02%
G.33
5.86
Series C—:
1
Union Preferred Stock Fund—X
Union Common Stock Fund
1
United Income Fund Shares—
Wall Street Investing Corp.
1
Wellington Fund
1
Whitehall Fund Inc
1
27.25
23.23
16.18
9.04
15.69
20.38
24.69
13.01
Bid
,
20
.
21.00
79 %
American
1.50 %
10.97
10.14
18%
1
7 5'/a
American
1.50%
1.55%
bl.65
47.45
•
.2%
10
Insurance-
Life
bl.65
bl.G5
1-49
13.
bl.12
,
Agricultural
Jan.
Jan.
bl.12
Bonds—
Aetna
1.00%
1.00%
bl.12
1948
Par
—
Insurance
Aetna
1-49
1-49
8-
Bid
bi.11
1948
78c
5.02
10
67-
1-48
48.00
93.80
44.51
Casualty & Surety
1-48
1-48
27.10
70c
4.58
Aetha
9-
11-
Ask
1948.%
16,
Dec.
14.22
45.00
91.92
43.62
Par
Ask
10-
bl.ll
1948
9,
Dec.
15.29
1948
26,
Dec.
10.44
9.53
25
Standard Inves Co Inc
10c
State Street Investment Corp.*
1
Fund
Nov.
5.78
Mutual Fund
•
Loomis Sayles Second Fund—10
Loomis Sayles
Nov
8.80
—1
•
1
6.74
7.92
80c
1.06
7.23
72c
Boston—1
of
5.69
8.03
1
Bid
Treasury Bills
5.86
5.19
6.15
1
1
1
Inc
Selected Amer Shares
Sovereign Investors
'
United States
5.35
5
Due
9.21
11.57
2.fa2
4.06
Dated
1.65% wi
16.65
10.56
,
Rate
9.93
9.06
7
—
10.35
15.19
}
Pac:ific Coast Invest Fund—1
Public Utility
1
Railroad
1
Railroad equipment
1
Steel
1
9.75
7.56
5.98
7-44
5.56
x4.49
x4.86
X3.95
Keystone Custodian Funds—
Knickerbocker
"
Dated
1.55%
Union Bond Fund series A
(Medium
Bate
Ask
Trusteed Industry Shares..—25c
(Low
6.16
1.30%
13.20
B-3
6.32
,
1.30%
27.28
B-4
.9690
.0243
Bid
supply
12.05
B-2
99.9565
100,0070
1949
bl.55
gtock___
25.00
America
(Investment
1949
I,
Federal Intermediate Credit Bank Debentures
9:52
8.69
.1
Oct.
14.94
lnc_
;
July 1,
bl.55
8.05
Investors Management Fund—1
B-l
97.24
3.53
13.93
1
1
Investment Trust
.0163
,0365
99.9616
3.69
Bond Group..._lc
of
100.0076
100.0139
:
3-49
.
lc
Co
.0375
1-48
4.45
1.63
lc
lc
Stock and
Investment
tl'/a
Mar.
1, 1949
U%s Apr. 1, 1949
tlV8s June 1, 1949
5.43
Ask
.0251
IC0.0204
1-
21.78
Group shares
Insurance
Bid
—100.0121
12-
x20.33
shares
Group
1949—
1949
1-48
x4.12
xl.59
Ltd—
Shares
Group
Indebtedness—
1,
1,
3.48
Shareholders Trust of Boston—l
,
.0600
100.0328
of
Jan.
-U'/eS-Feb.
tl%s
.0250
4.74
3.18
—1 %%
1950__
1,
1V«% 100.0120
—
1-48
8
Investors
Institutional
Maturity—
Certificates
1949—.
7.16
4.34
l,
4-
10c
Inc
Income Foundation Fund
Incorporated
tApril
Price
Ask
-
3-
x7.29
x2.40
X3.73
shares—lc
Investing Company shares.le
Low Priced shares
lc
Merchandising shares
lc
Fund
xjan.
Bid
1.55%
x7.42
xb.55
x9.29
X6.97
X5.51
x6.86
X5.12
Institutional bond
Plan
7.30
Int. Rate
1.55%
7.48
Utility
6.68
Maturity—
8.45
X6.89
shares...
lc
Industrial Machinery shares lc
Howe
9.05
10.74
Administered"shares—lc
Tobacco
13.83
8.37
7.71
g
X7.24
General bond
Steel
12.88
3.38
9.95
Railroad
119
9.44
g;21
Bond
117%
-1961
U. S. Certificates of Indebtedness
5-65
Bank
6 76
•
lc
RR Equipment
100.6
1
xj.18
Railroad
14.81
4.97
Building
shares lc
Petroleum
100.3
100.3
x
shsrps-—q
Mining
100
1949
5 u
mectrica! Equipment
FUlly
13.55
Aviation
'
shares
shares
Chemical
1949_.
7.89
11.84
1
Agriculture
«.<
100.3
26.28
1
Chemical
4m«mw
Building
7.20
24.31
Automobile
42.54
100.3
100
4.62
1
New
•
Automobile
4.19
Low Priced Com Stock Series 1
.
Ask
100
4.71
f
Ngw
».jo
5.56
Ofoup Securities—
—
Agricultural shares.
"
Series
Series
Bid
1949
1949
Panama Canal 3s
4.14
4.27
t
series
point
a
Banks—
Other Issues
y
3.75
3.75
Treasury Notes—
gerlef
20,
15.
July 22,
l%s Sept. 15,
10Q.20
I
i-9u
First Mutual Trust
3.40
100.8
Industrial Stock Series
.
------5
Equity Fund Inc
Fidelity Fund Inc
Fttst
Bond
Loan
1.65s
Jan.
Apr.
8elected Group Ser,eg
i».ii
Financial Industrial Fund Inc 1
98.8
97.28
—
l%s
l%s
Home
4.19
j
prlce(J
Preferred
99.24
32nds of
more
or
97.24
.
97.12
Dollar
Stock Series
—1
:--L
20o
Fund
Fund
3.80
1, 1953-1951
1, 1955-1953
1
serieg
income
Eaton & Howard—
Balanced
4:18
1
Investors
Speculative
Btock
4.15
1952-1960
1;
one
Federal
Ask
.
99.16
2%s Feb.
3.45
3.76
3.79
1, 1950-1948
1%S May
1%S Jan.
1
Corp
National Security Series-
com—100 2,680
2,780
---100
145
150
Commonwealth Investment
1
5 38
5 5
Delaware
Fund
--1
13.55
is.o
Dividend Shares
25o
1.36
i.« •
Preferred
1%S Oct.
Bid
Securitles-
Balanced Fund
National
ran'
Securities
Christiana
3.95
3.13
lc
Mutual Invest Fund Inc
5.10
31.95
o
3.63
3.58
Federal Land Bank Bonds—
10.95
17 95
16.J8
3.90
29.71
Figures after decimal point represent
Ask
3.29
le
«
.6.61
isvR
1
1
-1
shares
Manhattan Bond Fund Inc-lOo
.,36
5
Corp
.
5
3%
96.96
"ieJ
r*M
_
15.40
»
Par
Business Equipment sharei.lc
Drug shares—
lc
Electrical Equipment shares.le
General Industries sharea—lo
Home Furnishings shares—lc
None-Ferrous Metals
lc
Paper shares
lc
Petroleum shares—
lc
9%
7.64
93.08
invest
Bid*
Managed Funds-
*Fund~incII~10c
Bond Inv Tr of America
BowUng Green
Chemical
4.91
3.95
1
A
series
Shares
Century
4 47
Standard Oilstocks
Associated
Blair
Mutual Funds—
-10
Corp
Business 8hares
Amerex Holding
American
Ask
2
1
5
1
-1
Inc
Fund
Affiliated
..
Bid
1
IV*
Sescuritles
Aeronautical
Obligations Of Government Agencies
Par
Mutual Funds—
580
605
x
45%
47
54
in
n
year'3
(not included in
range),
e
year's range).
Ex-interest,
(Un) Admitted
Ex dividend,
y
to
Ex-rights,
Unlisted
z
Ex-stock
bBig yield price,
f Flat.price,
Admitted to trading N. Y. Curb.,
r
Cash
Trading
k Admitted
d Deferred
to
listing
delivery sales (not
on
N.
Y.' StoCk Ex¬
sales'(not1 included in year's range),
privileges,
dividend.
wd When
delivered,
t Ex-stock
wl When
issued,
57
%
73
77
34%
36%
•No
dividend
par
paid
value,
on
tin
May
default.
10.
tThese
bonds
'
are
v
subject to
all
Federal
taxes.
CEx
$40
cash
Volume
163
Number 4751
THE
THE
Bank clearings this week show
,
with
a
based
COURSE
decrease
a
compared
Preliminary figures compiled by
year ago.
us,
;
all
cities
the
of
United
6.9%
below
Our
year.
those
the
for
preliminary
States
against $13,003,957,979 for
this center there is
stand
the
in
At
Friday of
New York—
'**.509,842,8(54
In the
Cent
5,327,398 887
524.334,850
594,918.262
8;"6,000,000
_
Boston
409,124,249
__
427,760,663
.
Kansas City_
241,463.082
;
Cleveland.——
Baltimore—.
•
.
.
293,513,463
202,814,516
—+.
270,169.000
254,657,845
280,027,477
1
—-
259,200.000
267,351.000
—
San Francisco
Pittsburgh..—..
'
:
we
furnish
1^5,212,116
4.2
+
totals
are
smaller
a
by
1.0%.
The Chicago
0.9%, but the St.
decrease of
Lduis Reserve District registers an increase of
6.3% and
Minneapolis Reserve District of 3.4%.
In the Kansas
City Reserve District there is an improvement of 5.3%
the
in the Dallas Reserve District of
San Francisco Reserve District there is
and
6.6%, but in the
a
decline of 3.5%.
by Federal Reserve Districts.
summary
270.520,669
3rd
1.0
-
4.6
§8,731,535,783
$9,726,447,740
—10.2
2,608,415,085
Ten cities, five days
2,275,577,165
+ 14.6
Other cities, five days—
9th
$11,339,952,768
All cities, one day-
$12,002,024,905
768.830.067
1,001,933,074
$13,G03,957,979
6.9
6,336,959,610
'
.
,
*
.
423,983,050
7.9
6,370,092,854
5,975,053,238
642.096.530
+
807,988,040
—
6.8
728,298,384
10.9
l.'O
641,618,711
380,975,401
605,700,315
7.2
563,466,104
300,695,675
458,722,083
0.9
792,802,172
517,225,288
947,258,298
.'486,744,255
696,370,514
6.3
'328,198,161
7
"
816,225,288
736,110,067
6
"
408,831,101
412,984,863
"
649,558,831
-16
"
939,085,614
4
"
-
1945
S
495,025,323
+
6,880,533,051
862,780,422
1946
1.4
+
—
533,734,337
7
"
398,019,803
384,'868,521
3.4
-10
"
386,449,558
316,174,082
488.406,852
463,968,242
5.3
379,255,327
-6
"
282.599,090
308,064,390
265,063,337
6.6
-10
"
201,318,519
706.855,356
732,689,880
3.5
605,742,908
176,612,641
534,711,601
13,009,290,264
13,318,141,624
2.3
11,861,219,343
10,628,306,577
6.915,019,442
Minneapolis
City
6,676,991,219
3.6
5,690,590,716
4,820,592,225
-
Francisco
*
250,064,307
—23.3
$12,108,832,835
Total all cities for week—
"
Louis
12th San
Dec, (/r>
-10
10th Kansas
5.5
—
Inc. or
$
594,232,755
"
-
Hth Dallas
Total all cities, five days-
1947
602,743,009
-11
Chicago
St.
CLEARINGS
-12
Philadelphia
8th
;
._12 cities
York
6th Atlanta
3.9
+
BANK
$
4th Cleveland
5th Richmond
5.9
-
-
New
OF
1948
—
2d
2.0
-
7th
-
a
SUMMARY
Federal Reserve Districts
1st Boston
4.4
-
231,754.680
253.a00.000
—
St. Louis
.
following
the
Reserve District records
Outside of this city there
Week Ended Nov. 6—
7.9
-
'
<
1947.
-11.9
788.000.000
District
of
-12.9
Chicago—
Philadelphia
the week
decrease
increase of 3.6%, the bank
clearings at this
having recorded a decrease of 8.2%.
We group
Per
1947
—
an
TELEGRAPH
1948
Philadelphia
Reserve District of 6.8%.
In the Cleveland Reserve Dis¬
totals are larger by 10.9% and in the
AtlantaReserve District by 7.2%, but in the Richmond
Reserve
trict the
$13,318,141,-
624 in the same week in
was
Week Ended Nov. 13—
wbek
however, which
to give the final
center
BY
the
as
2.3%, the aggregate of clearings for the whole
country
having amounted to $13,009,290,264, against
12.9%. Our comparative summary for the week follows:
CLEARINGS—RETURNS
today, inasmuch
present further below, we are able
and complete results for the week
previous
ended Nov. 6.
For that week there was a
last
1947.
week ended
them
45
the cities according to the Federal Reserve
Districts in
"which they are located and from this it
appears that in
the New York District
(including this city) the totals
show a loss of 7.9%, but in the Boston Reserve
District
the totals show a gain of 1.4% and in
the
■
the last day of the week in all cases has to
be estimated.
In the elaborate detailed
statement,
$12,108,832,835
week
same
loss for the
a
at
furnish
(2045)
CLEARINGS
Sattirdiay and the Saturday figures are not avail¬
going to press: Accordingly, in the above
we
corresponding week
totals
BANK
able at time of
from which it is possible to obtain weekly clearings will
be
;
13, clearings from
cannot
ends
the country, indicate that for the week ended Saturday,
Nov.
CHRONICLE
week.
We
~
,
OT
FINANCIAL
Complete Bhd ex&ct details for the week covered
by
the foregoing will appear in our issue of
next
telegraphic advices from the chief cities of
upon
COMMERCIAL &
Total
.--111 Cities
Outside N. Y. City.
1
Our
monthly detailed statement of transactions
New York Stock Exchange is appended.
The
the
on
r
usual
We also furnish
today a summary of the clearings for
the month of October.
For that month there was a
decrease for the entire
body of clearings houses of 3.3%,
the 1948 aggregate of
clearings, having been $65,629,-
results for October and the ten months of 1948 and 1947
•
follow:-
'
Description
'
-
-
-
>
■
—-t—-Month of October
' 1948
1947
Stocks—
Number of shs._
20,434,070
r,
.,
1
,■
■
,T£n Months
—
1948
436,083 and the 1947 aggregate $67,899,747,130.
New York Reserve District the totals record a
—
1947
28,634,629
245.937,492
$66,631,000
$95,245,G00
$786,083,800
209,647,700
Railroad
101,000
9,365,600
3,803,000
27,482,600
1,260,000
70,156,640
1,186,000
56,325,928
219,000
$72,582,460 $105,990,208
$861^29,400
,;;$851,845,820
Foreign govt
5,712,960
'
U. S. Government
\
'"„..
.
& misc.
Internat'l Bank-'
137,500
' Total bonds
-
land Reserve District has to its credit
3,072,000
volume of transactions in share
properties on the
New York Stock Exchange for the ten months of 1945
*
to
-
indicated
1948 is
in
Months—
the
following:
1948
,
No. Shares
-
.
New
3d
Philadelphia
A
—
February
20,217,606
23.556,803
51,510,197
38.995,195
9th
34.092,745
32.612,535
19,336,900 ' 25,663,765
27,492,243
t
Quarter
:
-
—
66,651,580
111,266,707
Jtlne
20,619,550
31,426,715
20,615,786
30,409,809
21,716,872
32,024,018
41,310,246
83,553,396
Quarter
Six
»
Months
108,304,035
July
58,718,076
125,369,656
24,585,115
25,472,787
20,595,100
14,153,458
16,017,170
43,450,216
—
VAbgust
f September
OUtf.ide
20,807,082-.21,714,249
17,563,530
—
168,315,502
15.039.275
—
—-
—
Quarter
N.
Y.
4,107,133,767
4,239,526,733
3.1
3,792,644,226
3,768.052,738
+
1.8
3,237,775,493
1,992,716.611
+
3.0
"
1,830,914,155
2.972,039,629
1,423,452,839
2,907,553,845
+
2.2
2,696,389,136
2,000,006,841
3.3
5,198,630,880
4,068,396,207
"
6,037,188,708
"
2.305.907.605
2,*402,630,562
of
''
84,852,398
New York
3d
267,530,924
28,634,629: 30,383,870
CLEARINGS
"
,
•
$ "
1947
LEADING
1946
$
29,751
31,953
3,307
__
Boston
CITIES
7th
$
3,494
IN
1,795,235,655
•2,277,119,466
+
7.6
1,691,667,959
3,674,188,537
3,595,433,218
+
2.2
3,079,478,641
1.299,385,229
2,500,588,328
65,629,436,083
67,899,747,130
35,946,052,732
3.3
—
60,732,466,407
53,152,204,663
0.2
30,549,851,772
24,112,071,168
1945
1948
5
S
30,182 29,040 306,530
2,920 ' 2,298
1946
1947
$
$
296,210 303,171
32,033
showing Clearings by Federal Reserve Districts in the ten months
29,984
26,069
Ten Months
9th
Dec. %
1946
1045
$
20
S
4l
18,601.355,497
4.0
+
3.8
311,933,644,079
279,562,060,296
+
29,826,829,778
28,138,487,341
13,272,029,765
18,860,147,657
42;765,567,39Q
13,447,544,983
934,363,874
37,318,467,271
33,662,542,145
10.5
34,533,150,006
+ 13.5
29,598,773,385
1'6,927.225,363
+
9.8
15,385,975,239
-
27,629,293,336
25,228,147,582
+
9.5
_S0
22,607,760,762
58,908,397,472
53,955,216,715
+
9.2
7
46,239,825,686
20,875,736,455
+ 11.7
15,979,580,904
+ 11.9
19,915,873,466
+ 21.1
15,342,049,574
£
_16
17,304,649,132
15
27,097,290,696
18,681,132,547
15,IT0,288,317
24,207,710,823
ii
—
22,652.345,466
18.704.419,567
;
Francisco
.19
"
years:
Ten Months
+
18,579,805,844
;
four
,
,22,513,024,711
306,388,687,912
41,223,397,403
Minneapolis
City
Ean
Inc. or
S
for
Months
38,192,937,207
-
10 th Kansas
.
Ten
1947
$
23,407,282,964
317,906,277,245
St. Louis
+ 14.1
12,447,217,985
9,887,497,967
16,808,906,661
12,161,692,207
33,164,953,192
30,480,648,308
+
15.4
26,989,415,463
23,701,805,957
648,942,366,412
803,237,511,261
+
7.6
571,907,630,423
807,033,925,499
342,411,595,710
1
-
183 cities
307,026,045,505
+
11.5
268,735,831,235
235,538,406,341
'1945
Outside
$
N.
Y.
City„
271,495
22,309
1,997
2,145
1,973
1.634
19,478
18,931
17,704
15,985
4,029
3,611
2,931
39,175
35,501
32,970
28,555
1,246
1,026
799
11,877
10,504
9,176
7,97(3
Pittsburgh-
1,284
1,253
1,093
986
12,765
11,245
10,619
10,931
Fran-
1,795
1.773
975
932
823
666
741
763
645.
501
7,547
6,810
14,169
12,693
1,675
1,419
17,251
,
16,006
14,911
8,255
7,585
following compilation
6,916
5,825
10,478
—
5,220
Months-
City
1.498
1,451
1,174
928
1,398
1,368
1,175
912
13,788
12,170
10,260
9,583
1,396
1,029
840
11,661
10,242
8,435
6,709
February
555 —
9,052
568
406
"5,068
4,722
4,555
3,821
1,641
1,669
1,363
1,101
16,390
14,551
12,397
515
514
421
342
5,021
4,465
3.811
3,323
Omaha
572
5G9
463
371
5,177
4,835
3,873
113
-110
83
1,122
1,046
955
803
66,706,328,429
62,775,139,978
57,470,663,632
69,179,885,164
-
$
onths since Jan. 1, 1948 and 1947.
clearings
Clearings Outside New York
—
Inc.
or
Dec. %
Detroit
—
I Providence-.
Milwaukee-
253
248
213
148
-
.
March
Total 1st Quarter
2,547
2,230
1,587
353
368
309
268
3,573
3,357
2,791
2,785
'400
299
227
3,727
3,240
2,658
27,128,855,409
+ 10.3
62,856,208,355
+10.1
35,336,817,667
31,157,642,179
+ 13.4
510
492
402
317
4,472
3,990
3,454
2,668
Indianapolis
Richmond—
242
225
2,261
649
625
Memphis
551
617
179,801,462,737
Denver
___
—
197
1,684
5,373
4.880
4,393
3,751
3,512
2,832
Seattle
504
512
421
356
5,105
4,366
3.841
3,995
SalTLake C.
268
245
190
140
2,360
1,973
1,595
1,250
Hartford—
102
107
92
-TO
1,059
872
713
.
Tot. 27 cts.
Other Cities.
Total
all—
Out. N.Y.C.
56,461
9,168
65,629
35,878
59,062 53,437
-3,337,
67,899
7,295
60,732
998
47,676 562,388 528,729
5,476
86,554
53,152 648,942
,74,508
508,847 455,232
63,060
603,237 571,907
35,946 30,549 24,112 342.411 307,026
T
51,801
507,033
268,735 235,538
6.6
32,494,850,441
29,962,141,999
+
+ 14.0
35,448,335,197
29,752,632,155
+ 19.1
+ 12.6
+
176,803,648,946
+
11.5
101,782,134,006
89,416,417,020
356,605,111,683
+
$.5
202,597,931,222
178,950,361,485
July
August
;
+
6.2
+
11.0
60,851,345,965
+
6.9
-192,889,367,797
178,732,652,448
+
7.9
103,935,419,219
92,130,531,288
583,312,920,329
535,337,764,131
+
9.0
306,533.350,441
271,080,892,773
3.3
35,878,245,269
35,946,052,732
7.6
342,411,595,710
307,026,945,505
62,197.839,063
Total 3rd Quarter
+ 13.9
8.5
+ 13.8
34,837,902.344
33,949,101,695
35,148,415,180
30,729,764,771
...
+ 13.2
+ 13.4
29,640,036,890
+14.5
31,760,729,627
+ 10.7
'
"tTotal 9 Months
Total 19 Months,
61,862.363,364
56,018,943,119
65,023,559,983
—;
—
*
,
"
September,!
October..
29,701,642,866
60,876,333,082
197,066,685,307
j.
1
:*
89,533,944,465
33,838,448,368
65.667.968,751
Total 6 Months—
-
100,815,797,216
58,148,005,833
2,025
2,013
.
7.5
390,423,562,532
*
3.693
290
Total 2nd Quarter
1,366
461
448
"
142
605
.
+ 13.8
+ 13.7
+
69,422,366,666
57,779.3 1 0,031
2,129
1,933
or
Dec. %
-
'
June__
436
Paul.—
Inc.
$
35,555.130,627
29,923,848,922
65,682,362,755
61,961,955,836
May
Bufglo
St.
1947
+ 6.3
+ 6.1
31,247,446,877
54,170,114.404
193,356,877,225
April
1948
S
3,287
108
1947
$
14,198
Louisville—
m
Clearings, Total All
1948
January
1.351
547
the clearings by
Monthly
Cleveland-.
New Orl'ns_
covers
12,858
'9.108
The
Minneapolis
.
2,450,092,999
"
_
Total
1,215
—
—
Kansas
.
1,198,442,094
2.283,503,440
OCTOBER
Baltimore—
t
1,502,900,657
3,3
—14 cities
Chicago,
Jan. 1 to Oct. 31
Cincinnati-
s
J0.1
+
'
183 cities
11th Dallas
3.898
San
;
+
2,826,555,544
Richmond
8th
35,476,347
Louis—
Phila.
St.
;
1948
■'
York.
Chicago
AT
Month of October
omitted)
New
1.445,584,058
2,021,315,268
Cleveland
Atlanta
12th
1
1,917,068,337
2,022,112,855
2.919.535.606
Philadelphia
5th
October in each of the four years is shown below.
BANK
4.0
"
"
1948
66,826,195
of bank clearings at leading cities for the
October
and
the
ten
months
ended -.with
(000.000
—
—
2,630,976,947
"
„—U
City
1st
2d
181,013,071 279,672,901
20,434,070 "
'month
-
—
6,241,987,831
7
.19
Federal Reserve Districts
Boston
25,134,916
course
"
$
29,812,947,248
3,062,471,348
3,836,966,780
Ten Months
6th
The
6.7
1,914,717,269
2,053,222,621
19 977,031
4th
225^503,422
'•'Cfetober
"
1945
>
,
35,878,245,269
Francisco
We append another table
194,820,103 200,704,729
55,643,415
57,187,920
; Nine Months
1946
$
2,345,984,025
31,155,509,458
.15
_
3rd
33,079,030,297
—
_J£
.
2nd
30,858.094,293
6.1
—
101,604,706
17,482,740
30,922,212
—
or
Dec. %
.
28,270,442
42,769,258
—
Inc.
$
.16
Total—
$—_—
34.612,565
May
1947
'
2,547,825,017
99,100,023
:
•
April
-
and
.11
Minneapolis
12th San
1st
4.0%, but the Minneapolis Reserve
credit
ment of 3.3%, in the Dallas Reserve District
of 7.6%
in the San Francisco Reserve District of
2.2%.
-30
—
10th Kansas
City
11th Dallas
60.011,467
—
23.757.877
22,992,575
—
March
At¬
"
Louit
16,801.286
January——
in the
"
.
,
and
.16
Chicago
St.
of
3.0%
The Chicago Reserve
3.3% and the St. Louis
.
8
.
Atlanta
8th
No. Shares
of
its
of
2.2%,.
.17
Richmond
7th
1945
_16
to
of
decrease
a
District
has
2,392,942.683
"
..14
suffers
District
an
increase of 0.1%.
In the
Kansas City Reserve District the totals show an
improve¬
$
Cleveland
5th
6 th
1946
"No. Shares
District
1948
.14 cities
York
4th
~
T947
No.'Shares
Reserve
the
District
gain of 1.8%, in
Month of October—
Federal Reserve Districts
Boston
1st
2d
The
a
Reserve
District
of
■
Richmond Reserve
lanta
falling off
6.7%, in the Boston Reserve District of 6.1% and in
the Philadelphia Reserve District of
3.1%.
The Cleve¬
$764,965,300
-
'
Bonds—
In
the
.
65,629,436.083
67,899,747,130
648,942,366,412
603,237,511,261
—
+
+ 12.8
+
—
13.1
0.2
+ 11.5
I,-'.
We
COMMERCIAL
TOE
(2046)
;4<J
add our detailed statement showing
now
the figures for each city for the month of October and
-Month of October-
Clearings at—
Inc.
1947
1948
Dec. %
*
S
or
1948
-Jan. 1 to 0"f 31
1947
the week ended Nov. 6 for four years:
-Week Ended Nov, 6-
1948
1947
8
Dec. %
—18.1
First Federal Reserve District—Boston—
9.234.103
Portland
—.... ...
+ 13.8
1.567,346
1,914,541
—
7.9
192.979,833
181,962,210
+
6.1
4,479,644
■—
6.9
19,478,337,410
18,931,742.583
+
2.9
511,620,934
4,491,962
502.934.241
0.6
82.379.2U
73,641.509
+ 11.9
2,964,935
4.4
+
8,844,252
20,725,804
II®.—Bangor
22,507,480
71,857,014
81,785.375
1946
Jnc. or
8
Inc. or
Dec. %
*
$
Monday, .November 15, 1948
CHRONICLE
FINANCIAL
&
1945
8
1,830,386
I
0.3
>
8
1,044,921
4,222,543
3.682,632
1.7
419,227,982
363,845,572
2,607.521
+ 13:7
2,451,325
1,489,015
~+~82~4
14437059
""5337842
2,016,823
—
+
1,997,864,886
+145,178,620
9,932,985
9,989,494
4,380,430
+
5.3
43,812.859
38,862,436
+ 12.7
4,535,427
9.145,700
4,470,306
+
1.5
'32,231,853
+ 15.7
M~4~0~530
lToolf 837
9,826.635
,—
6.9
37,292,922
82,743,674
76,544,531
+
8.1
2,191,176
2,000,803
+
9.5
33,760,762
33,739,806
+
0.1
330,763.137
290,630,968
+ 13.8
0,921,260
8,290,839
+
19.7
Springfield
7,926,584
6,062,057
Worcester
24,583,032
24,546,784
+
0.2
234,846,681
+ 13.3
5,995,427
5,949,797
+
0.8
4,434,849
3,664,479
6.1
24,372,610
26,470,221
—
7.9
19,486,181
15076,572
+ 18.7
11,197,722
11,014,994
+
1.7 "
\«,908,997
6,625,784
25,171,000
26,177,300
—
3.8
21,654.300
19,163,000
Mass.—Boston
—
Fall River
Holyoke
4,613,466
,
Rew Bedford
-
———
Conn.-T-Hartford-.__
102,440,310
R. I.—Providence—
108,625,700
—
7,341,146
Reserve District—New
Federal
K. Y.—Albany
Binghamton
—
Buffalo
.....
"
Jamestown
—
7.3
+
6+917,819
1,046,146,600
5+998,847
0.1
23,407,28+964
2+51+024,711
1,122,412.300
.
+ 12.4
1,413,925
1,371,699
+
3.1
1,722,294
842,961
4.0
60+74+009
59+232,755
+
L4
495,025,323
423,983,050
3.6
+ 25.4
+
8.8
2,931,193
2,900,775
4.1
3,573.803.10 6
3,357,352,937
+
6.4
75,171,508
83,551,501
7,086,384
8,172,286
—
1.8
69,508.882
6+439,239
+ 11.3
1,563,725
1,544,155
+
5.8
84,696.761
76,802,969
+ 10.3
1,720,436
1,664.835
31,953,694.398
—
6.9
306,530.770.702
3.5
6,09+270,822
6,641.150,405
+ 14.4
20,691,344
1+016,418
+
0.3
844,207.282
+.
8.2
566,178.430
466,756,213
+ 21.3
+
8.9
115,387,805
9+829,138
+ 354
—
2.4
55+975,875
463,132,413
+ 20.0
198,073,951
10,766,934
56,175,366
3,252,634
190,489,725
226.416,928
—-
Newark....,
-
.....—..
Northern N, J
Oranges
Federal
Chester.,
Harrlsburg
Lancaster
17.894,131
+ 15.6
16,130,117
14 469,678
11,533,824
+
21.5
10,65+155
6,732,169
-i
12,714,850
10,694,962
—
3.7
+254,041.878
2,057,199,291
+
9.6
50,405,130
46,125,939
6,336,959,610
6,880,53+051
8.9
317,906,277,245
67,402,414
+
+
3.8
,
4.9
931,807
571,553
+
5.7
35,669,310
28.693,741
+
9.3
40,704,223
37,203,340
—
7.9
6,370,092,854
+97+053,288
0,7
50,320.368
49,994.000
+
0.7
1,010,494
1,524.973
1,206.075
829,336
2,8
45,802,557
39,785,902
+
15.1
1,377.245
1,038,559
808,786
695,990
51,135.250
46,379,146
+ 10.3
1,206,918
1,006,586
841,362
660,340
1.4
223,889.668
200,438,032
+ 11.7
0.8
142,597,241
131,906,421
+
8.1
3,22+757
3,141,743
2,863,847
1,93+409
9.0
+ 10.3
698,000,000
619000,000
+
4,885,796
+ 14.8
22,765,393
15,057,083
—
—
3,908,879
+
1.2
41,589,862
38,138,289
+
6,126,144
—
0.5
61,945,791
54,938,105
+12.8
3,898,000,000
13,273,924
4,029,000,000
—
3.3
39,175,000.000
128.772.015
35,501,000,000
2.9
7.4
218,843,599
119,403,820
192,562.413
+
22,266,378
11,957.886
14,890,891
—19.7
107,604.675
101,074,968
16,475,843
:
————
:
—
18,848,674
—12.6
182,811,921
169,341,296
7.7
13,357.269
13,841,607
0.6
61,448,439
52,374,104
"ill
12,903,778
+
—
822,000,000
770,000.000
6.5
7.8
3,266,306
2,979,230
9.6
2,307,507
1,878,628
+ 13.8
5,066,222
4.718,572
7.4
4,111,156
3,293,866
+
6.5
2,584.927
+53+252
+4
2,157,274
1,885,014
+
8.0
3,683,217
3,881,289
5.0
3,407,737
2,077,334
5,52+695
*1,450,000
1,571,528
6,486,914
+
36,502,187
+
0.7
388,058.887
320.919,243
+ 20.9
34,413,834
+
13.5
330,219,761
288,369,925
+15.3
9,079,865
10.26+471
9,14+470
39,042,865
4,107.133,767
...
6,525,925
36,754,038
2
—
.
7.3
306,388,687,912
72,298,274
6.7
—
8 370.385
10,868,981
+18.9
914,546
44,374,494
898,546
————•—
—.
869,552
6,092,557
4,239,520,733
3.1
41,223,397,403
37,318,467,271
+ 10.5
862,780,422
807,988,040
<
....
Del.—Wilmington
N. J.—'Trenton..
—
Total (16 cities)— —
Fourth Federal Reserve
—
—
8.013,366
0.8
7,73+741
+ 28.1
+854,899
+319,918
6.8
728,298,384
642,096,530
—
+
District—Cleveland—
7,547.593.003
6,810,913037
+ 10.8
13,788,70+543
12,170,913,279
+13.3
17+754,999
159,709,083
+
9.4
139,547,043
106.308,907
+2
1,482,707,300
1,11+430,100
+ 32.9
293,773,501
281,438,200.
.+
+4
241,086,412
188,529,449
42057,100
29,220,900
+
43.9
+ 19.1
4.857026
3,328.081
+ 45.9
3,597,991
2,820,191
7-4
6017,321
5,661,831
+
16.9
7,387,851
+195,674
287,50+496
25+359,64,0
+
14.8
21+5+1,605
210,621.503
736,110,067
+ 10.9
641,618,711
533,73+337
2,980,213
+13.5
+
763.772.757
1,368,10+815
144,175,900
9.1
2.9
+
28,47+520
31,051.796
741.801,185
1,398.536,966
—.
Cleveland.——
131,504,300
—
'
+
9.6
62,103,424
7,487,301
7,183,805
+
4.2
41,527,554
39,120,627
+
4,198,356
4,447052
—
5.6
303,755,005
276,893083
+
6,392,332
4.7
+
5,478,609
3,974,113
6.2'
Lorain—.....
6,659,845
+ 1+5
Hamilton
9.7
Columbus
...
....
71,130,482
Mansfield
20,968,593
18.846.347
+
11.3
205,766,654
17+722,350
Youngstown.
28,675,591
25,589,431
+ 12.1
270,525,744
251,779,118
+
Newark
22,879,364
19,267,017
+18.7
193,386,971
168.667,627
66,98+850
66.998,651
-+1
691.861,662
602,927,512
17,284,500
24,989,200.
+ 14.7
+ 1+8
Toledo
...
2,655,883
2,764,440
Pa.—Beaver County
.
5,807.714,352
46,907,410
20,615,580
Du Bois_~
•
1.509,882
6,170,628,627
+ 15.6
3,956,375
—
Ohio—Canton
Cincinnati
1,528.544
8.2
+ 10.7
'4,616,489
14,931,848
.....
Hazleton—
3.3
28,251,756
—
......
Beranton
York...
+
—
1.66+630,053
5,282,765
_»*.
i
Wilkes-Barre..
1,303,825
32,660,591
—
22,455,970
...
Philadelphia
Reading
1.3
1,843,336,200
7,688,342
........
Norrlstown
+
1.9
33,079,030,297
5,243,599
—4,747,450
5,609,907
...
...—
Lebanon
_
1.983.211
50.662,073
+
District—Philadelphia-
Reserve
Pa.—Altoona
Bethlehem
■
2,731,673
62,623,206
4.0
30,858,094,293
—
>
16,344.358
1.0
—10.0
+
—
7,003,078
——.
(14 cities)
—
82.410,046
16,117,386
—13.7
18,183,484
11+148,800
—
—
11,722,057
—54,814,451
.........
3,189,454
-
15,697,222
1,238,525.417
125,326,042
988,080,162
—14.7
99,248.206
218,036,438
Ctlca
Third
+
4.0
-
51.721,728
-
..................
Conn.—Stamford
N. J.—Montclair—
Total
14.1
55,953,252
Rochester
•
+
+
296,210,565,756
738,096,765
New York
Syracuse
105,149,600
—
13,048,563
368,858,757
353,552,922
6,955,678
8,648,389
29,751,190,814
82,130,478
_
Eirnira
119,998,500
1,352.215
York—
95,691,719
11,131,612
—*
477,794.074
+ 16.8
2,547,825,017
—-
(14 cities).
Total
1,059,219,169
—
6,285,431
2,392,942,683
N. K.—Manchester....
Second
12,539,700
—
.
1.9
46,727,908
11,118,000
113,189,000
*—2—i
Waterbury
+ 12.8
107.020,871
47,599,662
—
'
Rew Haven..'—~
4.3
207,350.293
998,547,770
402,358,497
Greensburg
Pittsburgh
1,91+294
Erie
Oil City
....
25.976.880
9.2
+
18,65+717
15,778,475
+ 18.2
12,765,720,829
11,24+670,733
+ 13.5
+
20,915076
23,791.135
0.5
2.4
"
-
4,1
+
1,253,950,383
22,764,243
20,799,755
+
+
1,90+651
1.284,57+531
...
9.2
218,616.326
187,99+184
+ 16.3
—
20.845,977
0.6
204,389.914
187.833,117
+
8.8
9.7
*
■
Total
•
16.725,554
1+866,765
+
5.4
182,251,629
166.163,966
+
20,66+061
Ky.—Lexington—
17,72+706
+ 16.6
180,36+994
163,841,498
+ 10.1
3,83+966,780
3,768052,738
33,66+54+145
+ 13.5
;
W, Va.—Wheeling
(17 cities) i...
.—
+
1.8
38,19+937,207
81+225,288
Fifth Federal Reserve District—Richmond—
+
51,689.000
—
62+18+575
13,013,868
Richmond
8. C.—Charleston...
Columbia.
12,527,458
51,292,000
649,468,664
W. Va.—Huntington.
Va.—Norfolk
4,975,724
.
,053,232,621
Total (8 cities)
Sixth
a.
255,308,374
18,255,58+691
+10.3
9.0
++522,503
40,533,681
+
3.1
2,997046,653
+820,209,417
+
63
18,579,805,844
16,927,225,363
+
9.8
+ 20.1
2,913, 186,304
2,633,620,994
-
+
80
3,337,774
3,527,448
194,479,918
20+353,591
72,897^409
7+233037
—
408,631,101
41+98+863
+4
—
2091062
2,444,423
20
—
473000,464
146,736041
1.9
68027,622
51,220,456
10
380075,401
•300,695075
42,639,665
—
Total
11.434,758
43,552,033
168.200,000
.....
664,127.216
+
8 5
73,282,037
63.210.348
56,952,141
9,687, 800,000
8,842,500.000
+
00
246,100,000
218,300,000
280,400,000
8.6
15,041,446
3.1
179, 339,125
165,159.546
+
0.1
180. 418.417
160,924,061
+ 12.1
+ 14.2
19,704,166
151, 931,397
130,676.021
+ 18.3
2.1
+
18,612,702
—
320,788,696
+
+ 10.1
245, 052,428
3,909 470,924
225.017,770
3,552,518,319
+
2.9
28,837,913
8.8
302 331,771
18,457,390
5.4
155 187,955
17,204,000
0.3
159 585,000
35,633,807
+ 38.8
2,615.950
555,043,161
+972039,629
2,907,553,845
■
.....
1,641,500,339
.
7+710,281
€6,823,370
53.582,465
1047765*965
89,701,240
80,*25+780
73.72+371
264,865,660
+ 14.1
6,70+415
7,065,709
0,045,149
4,604,953
141,212,060
+
9.9
155,570,000
.
74,730,880
+ 10.0
+
2,6
8.9
319,312,193
54.727,151
+
19 353,758
17,065,313
+ 13.4
591,722
597,218
1.4
5,068 ,815,357
4.722,190.733
+
,7.3
120,081.536
133,555,473
2.2
27,629,293,336
25,228,147,582
+
9.5
*649,558,831
.605,700,315
+
0.4
1,501,698
1,469,258
+
+
—36.3
64.133,661
64,420,214
1.7
16,390,320,882
14,551.190,096
—16.8
165,477,955
154.914,346
—
19,401,275
+
2.4
+
0.5
62,037,332
59,310,080
—140
43,482,039
6,302,159
6,33+514
23,825,285
27,714,315
,+17.8
8.8
242,873.006
247,727,592
107,767,831
.99.486.327
446.166,448
394.876.325
—
+
Oshkosh
;
+
1.7
+
1.4
72,513,784
61.860.393
6.2
266,211,447
218,846,676
+ 21.6
49,604,827
+
5.3
486,565,703
414,411,923
+
7.4
2,013,844,991
+12.3
2O0OU026
+
10.7
2,261,003,381
283,714,439
227,683,713
+ 24.6
t
7,269,854
1,336,349
3,293,087
17040,050
17.72+859
129,149,361
64,788,547
—
2,247.582
Bloomington.
Chicago
4,738,748
2,303,232
—
6,488.436
III.—Aurora.
248.290.899
60,139,938
^
18,4270 73
122076,867
,
18,348,973
400+197
.
Sioux City
Ames
■—
5.757.590
5,203,229
:
—;
Springfield.-
7,828,719
6.354,660
+79+78(6
Sterling...
(30.. CitiCS).
6,000,077
5,646,350
62.03+000
48,762,000
6.629.543
+375,497
6.3
4,960,573
"+27~2
4+84+000
37,400,000
23.3
4,248,975
3,542,144
+
20,779.703
20,901,149
18,61+106
0.4
1,937019
+037,188,708
4
.
1.837,514
+241,987,831
+
*
t3,057,116
162,637,773
2,230.781.061
+ 14.2
t
t
X
+ 14.3
2.1
185,831,562
2,547.593,128
59,^40+145
56,24+654
5.7
45,513,291
39,182,472
68,507,964
12,334,866
37,084,276
31,355,069
+ 18.3
3.9
160,870,040
151,901,178
+
5.9
3,950,823
3.861.130
+5
1,206,622,108
1,159,399,238
+
4.1
29,546,610
32,098.736
7.2
588.537,261
566,263,597
+
3.9
16,968,910
13,653,172
37,*53+313
+ 13.2
+ 21.5
4+88+497
+ 14.2
13,961.623
5.3
+ 16.2
78,220,838
1.0
—
—
—
2.4
20,334,733
18,121,390
62.449.385
53.881.549
+3
3,933.992
2.482,408
8.0
26,778,654
19.090,541
+ 24.3
11,894,271
8,360,373
+
—
+ 12.2
+ 19.9
+ 150
+
4.8
52,338,088
—
5.4
32,033,515,038
46,500,812
29,984.818,754
—15.2
142,035,049
134,749,301
+ 12.6
1,453,337
1,198,063
+
6.8
713,823,739
73+988,519
+
5.4
+509072
3,702,735
+ 21.3
995,362
769,478
3.0
615,192.168
553,141,014
+ 21.8
4,215,356
+852,045
—
+
.
3.5
490,649,726
433,360,497
+ 13.2
11,748,665
12,800,930
9,732,835
8-287,774
+
4.4
12.3
214,816,386
4,900,283
3,813,743
+
28.5
3,673,442
2.748,894
160.929,306
192,449,776
144,582,579
+ 11.6
+
+ 11.3
+120,177
3,386,308
+
21.7
3,69+146
+222,311
+
5.4
18,309,765
15,816,163
+
15.8.
3.3
58,908,397,472
53,955,216,715
+
9,2
79+80+17+
*§,96,370,514
■
JTbJal
709,312
0.1
—
+ 10.3
—
26,040,164
49,81+063
21,700.769
+
3,494,994,926
22076,272
51,539,929
!
—
4,966,583
3,307,677,932
'
Peoria
Rockford—
t
•
1.372,840
Iowa—Cedar Rapids.
-.-....Decatur—.
1,12+346
+ 17.4
225024,390
8018,841
_
1
Moines
2.2
+ 17.2
+
253,441.253
....
Watertown
Manitowoc—..
458,722,083
8.3
+
7.094 415
26,171.764
>12000.121
...
.....
;.
563,466,104
4.2
2.0
11,199,860
.
4,469,969
.....
Sheboygan.
461,357
97,766,675
4.6
29.463.371
:
Milwaukee—...
.
7.2
+ 13.0
+
—
242,217,012
.......
Wis.—Madison
444,206
,132,735.139
6.8
7. W8.321
Haute
;
+12.6
27,791,705
11,387.888
Bend
Terre
f.
59 552,187
5+215,455
South
2.505,318
J
—.
Ind.—Ft. Wayne.
Iadianapoli6„._r
2,891,153
2,919,346
376 158,129
—
1,669,293,440
16,151,513
44,517,560
„
1
....
'Lansing..!
S Muskegon..
Bay City
4,252,248
3.05+271
5.3
-
9.363.357
5063.500
—<
Flint
-.
+074,314
District—Chicago;>
——,
4,624,385
*+200" 000
—U.6
6,827,608
547,519,578
Mich.—Ann Arbor
Grand Rapids
Jackson..
3,178,660,545
1.5
6,470,061
(16 cities)
Detroit—
3,500 523,860
23,996,279
446,826,060
V. 2,311,734
...
Reserve
15,427.461
720, 586,724
0.6
49,456,340
Federal
15,477,891
4.3
+
17,342,000
_
Meridian.;.—
Vlcksburg
L®.—New Orleans
Seventh
+ 10.6
+
327,483,692
Jackson—
:
90082,066
310,277,462
459,908,975
31,384,056
....
.....
.
7,702000
123,896,455
1,021,900;000
19,459,377
....
,
Mobile—.:.
•
9,929000
+1
9.8
24,350,065
s
'Montgomery
Miss.—Hattiesburg_—
Des
3,2
,17,181,479
....
;
Tampa
Ala.—Birmingham
,
+
+
+ 17.7
9,108,980,014
10,612,000
121,278,074
323,566,066
—;
Fla.—Jacksonville
'
300,544.654
4.6
1,910,084
2,330,198
•
1,027,800,000
20,317,640
18,585,182
!
—
.
2.6
7.7
+
—
65,707,005
78,903,384
...
Nashville
Oft.—Atlanta
Augusta—f
Columbus
Macon—i..
.
3,382,462
10,951,000
123,872,538
3.0
■
1,992,716,611
,
+ 15.1
+ 11.8
+ 10.1
Federal Reserve District—Atlanta-
Term.—Knoxville
;
.
105,927,138
433,569,000
4,880,615,887
135,477,175
+
4,563,047
321,480025
311,672,901
©.-^Washington—
121,896,048
48+641,000
+373,709.977
147,564,995
+
29.214.Q06
932,600,998
Frederick——
D.
3.9
0.8
3.9
+
15,456,502
15,864,969
31,450.212
975,49+283
—
Md.—Baltimore
+
—
-?3+p8+§i4
,
j
; mmm,*
—
8.2
M
.
»«~.
Volume 168
Number 4751
'
THE
COMMERCIAL &
Month of October—
Clearings at—
1948
Mo.—St. Louis
$
1,215,462,697
Cape Girardeau
Federal
Reserve
—10.8
'4,200,000
5,451.000
18,262,479
18,681,132,547
+ 11.7
517,225,288
486,744,255
2,469,916
2,452,677
51,461,257
1,498,645,520
3,240,901,383
94,"56~1~422
82,335,533
11,022,864
9,366,213
0.1
314,399,155
258,292.597
9ToT,338
iJeXooi
+ 10.1
5,447,313
41,895,000
4,641,271
37,124,000
+ 12.9
3.5
49,752,783
41,560.713
+
MTo'oii
3,TO~2~D89
+
0.8
.2,884,029
1,969,377
1.6
6.2
152,987,663
247,045,221
+ 10.1
+ 10.2
+
158,780,339
130,148,155
133,487,458
348.502.212
+
8.9
14,672,760
+
9.7
16,090,618
0.1
17,304,649,132'
2,751,863
7,657,179
6,457,534
398,019,803
+ 14.1
384,868,521
+
3.4
316,174,082
250,064,307
+ 27.3
4.5
23,091,549
18,139,975
498,006
670,820
474,035
+
5.1
+
9.7
274,4~20~586
611,499
477,950
296,589/712
+
8.1
6,806,604
+
6.7
5,815,687
4,971,40®
5,177,412,350
24,377,359
4,835,028,734
+
7.1
128,368,334
6,377,930
124,944,762
+
2.7
98,149,233
82,163,640
6.1
3,787,840
0.5
2.0
—
+
16,943,343
13,970,836
+
557,437,127
61,010,898
14,169,451,044
463,880,196
60,259,301
+
3.3
+
7.8
470,414,623
3.3
23.5
16,303,218
1,347,731,201
967,988,317
492^433il42
7,550,584
2,826,555,544
+ 33.9
99,236,967
119,530.744
957.644,051
76,599,366
+ 20.9
3.3
27,097,290,696
24,207,7-10,823
5.4
Reserve District—San
300,434,783
+ 11.9
488,406,852
271,726,617
+ 10.6
131,729,407
+
8.7
933,294.657
750,158,356
+
1,114,145,551
1,031,592,566
+
Salt Lake City
Ariz.—Phoenix—
211,524,000
8.846,910.554
7,168,222,607
63,771,349
53,413,455
119,330,579
0.3
6,277,502
4,268,860
~r~7~3
158,~297"000
14O,94O7OO0-
27,135,323
—"o~2
20,702,764
19.3T67837
12.3
4,664,000
3,541,000
2,378,744
+ 51.9
181,320,833
+
0.3
45,100,893
405,156,983
2,277,119,466
+
7.6
22,652,345,466
.
27,085,202
6,633,000
3,207,716
+ 33.5
2,588,376
9,740^171
~+~ 3T3
8,788~877
6rr3772O0
21.1
282,599,090
265,063,337
+
6.6
201,318,519
176,612,641
+
5.3
+ 16.9
18,704,419,567
4,280,770
101,522.940
99,418.286
+
2.1
84,270,903
84,584,043
5.3
3,744,816
3,855,131
2.9
4,234,037
3,546,680
135,586,164
127,230,082
57,64(>"274
5ufo~6~530
9,683,317
9,987,498
6,607,77®
779187874
7,9157553
673837340
8.6
6,340,310
512,416,205
19,592,655
20,363,458
8.8
57,229,561
54,338,411
1.5
5,105,704,924
4,366,390,692
—10.2
156,714,070
165,458,268
230,969,249
168,478,598
+ 37.1
92,347,000
81,282,000
+ 13.6
—
—
+ 44.5
8,652,000
+
8.8
660,542,782
+
4.6
245,000,674
'
14,845,526
6,514,317,345
—
4,614,067,732
+ 41.2
—17.3
117,735.300
102,740,975
2,360,762,044
1,973,451,559
+ 19.6
60,997,300
666.978.387
557,864,194
248,562,068
+
247,619,419
224,982,714
6.0
454,741,013*
392,997,895
+ 15.7
19,440,905
6.9
175,510,555
160,711,207
+
33,174,140
2.2
346,862,315
315,320,956
+ 10.0
1.6
1,795,892,749
9,424,854
1,773,922,580
1.2
97,951,627
17,251,882.869
56,211,886
51,381,393
9.4
18,441,373
39,870,625
18,096,551
1.9
BtOCkton
—
40,858,717
93,363,589
+
9.2
4.9
16,006,823,851
+
7.8
367,"lTo7973
407,8847462
451,603,015
+
5.7
+ 12.1
11,421,461
4,276,948
11,514,823
158,925,161
367,861,007
343,285,423
+
7.2
7,889,589
8,754,471
35,164,953,192
30,480,648,308
2.4
,
3,674,188,537
1
3,595,433,218
1
.i
65,629,436,083
*
'
•
r-
"i
fx.
35,878,245,269
2.2
+
3.3
—
rate
CERTIFIED
BY
NOV.
1948
TO
Noon
Country and Monetary Unit
RESERVE
NOV.' 11,
Euying Rate
Value
Nov. 5
peso—
+
7.6
13,009,290,264
13,318,141,624
342,411,595,710
307,026,945,505
+ 11.5
6,915,019,442
BANK
1948,
for
in
TO
TREASURY
UNDER
TARIFF
Cable
United
Nov. 6
Transfers
States
OF
1930
-
' ^
New
in
York
Money
Nov. 8
Nov. 9
$
Nov. 10
$
.297733*
.251247*
$
.297733*
,251247*
.200000*
3.212313
ACT
Closed
■
Nov. U
4,820,592,220
Hotices
.
3.212313
3.212313
3.212313
7
.022850
.022850
.022850
.054406
.054406
.054406
.054406
1.000000
1.000000
1.000000
1.000000
.923437
.923906
.923750
.927343
:020060
.020060
.020060
a list of corporate bonds, note^
preferred and common stocks called for redemption,
including those called under sinking fund provisions!
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location to
which the details were given in the "Chronicle."
NOTICE
OF
TENDER
Pig®
Date
1890
Bush Terminal
.200000*
.022850
Below will be found
Company and Issue—
.251247*
.200000*
.020060
dollar-
Armistice
Day
Buildings Co., 1st mtge. bds., due 1960—Dec
1
Conrpania Salitrera de Tarapaca y Antofagasta—
Income bonds, series A to N, inclusive
—Dec
Genesee Valley Gas Co., Inc.—
1st
lien
6 'fa
bonds, due 1956
Nov
National Union Mortgage Corp.—
1.
20-year collateral trust bonds, series A, due 1954
Jan
Special interest notes (unattached to bonds)
Jan
Philadelphia Transportation Co.—
Consol. mortgage 37«-6% bds., series A, due 2039—Dec
Witherbee Sherman Corp.—
lit
mortgage 6'!o
income bends, due 1963—
Nov 15
190*
—
....
Czechoslovakia, koruna
Denmark, krone
England, pound sterling
777777
777
7777
.208535
.208535
4.031484
.208535
.208535
4.031484
Closed
4.031484
4.031484
(Metropolitan), franc—
Official
7
India, Dominion of, rupee
Mexico, peso
Netherlands,
guilder
.004671*
.003182*
.144630
.004671*
;003184*
.301678
7
7
-
.
.003178*
.301678
.301678
.144737
.144756
.375650
PARTIAL
.145010
.375750
-
.375722
.375050
.301678
1.000000
.921041
7-17777777777
:
1.000000
.921458
3.991542
Company and Issue—
3.991542
1.000000
.921250
3.991542
Closed
.201580
3.991542
Maine
and gen.
Firestone
Tire
Hanna
.278228
.278242
Jacksonville
.233629
4.007500
Closed
'
.658300*t
;7.—
:
.588223*t
I
7-
;561799*t
+
peso
•Nominal rate,
General
.091324
.233629
X
pound
peso
peso—*.
.201580
.040308
.091324
.278228
Switzerland, franc—.:
peso—.
.201580
.040312
.091324
.
•
Africa,
.201580
.040310
.091324
peseta—
Sweden, krona
tApplication depends
A
.278228
.233029
4.007500
"
.658300*+
*
.658300*+
.588223* t
.
1-
.588223*t
.588223*+
.561790*+
.561799*+
.531909*t
,531&09*t
'
.531909*t
,
.233629
4.007500
.
4.007500
1
..
.561799*t
.531909*f
-
•
.658300* +
Day
3<:/o
type of merchandise.
Dati
1st
Steel
<M.
Pig®
1959—Dec 31
1477
1977_Dec
1
debentures—Nov 26
189!*
1797
bonds,
due
Co.—
mortgage tds., series P. ZlAc/c, due
&
Corp.,
Rubber
15-year 3Yae/<>
Co.—
debentures, due 1961, AV2V0
Castings Corp.,
1st
ser.
preferred stock—Nov 15
bonds
Co.,
mortgage 3% '•;<>
bonds, series A, due
Dec
1
Dec
84®
179®
1690
1
Dec
mortgage
$4.25 preferred stock
Terminal Co.—
A.)
1
>
'
1977—
Drug Stores Co., 5% debentures, due 1961
Dec 15
Marshall-Wells Co., 1% income debentures, due 1969—Nov 15
1800
Mading
Midi
RR., 4 Yo
bonds,
foreign series, due
Minneapolis Gas; Light Co.,
National
upon
Power
Consolidated Giocers
Armistice
.040325
Bpain,
'
1st
.925000
;
*
1
REDEMPTION
Algoma Central Terminals, Ltd.—
5%
1st mortgage deb. stock and
Central
1.000000
New Zealand,
pound
Norway, kronePortugal, escudo
1940
.004671*
.003182*
Newfoundland, dellar—
-
140
§40
-
.004671*
Free
South
5,690,590,716
+
$
.297733*
ZZZZZ
Official
of
10,6$!,306,571
3.6
:♦
We
INCLUSIVE
.200000*
;
594,711,60*
11,861,219,343
u
Redemption Galls and Sinking Funi
.251247*
7
■
605.742,908
-2.3
6,676,991,219
.297733*
industrial products
,3.5
■*
of 1930, the Federal Reserve Bank certifies daily
i
"regular" products
"non-regular" products
'.,i.
732,689,880 A't
603,237,511,261
cable transfers in the different countries of the world.
FEDERAL
5,
6,584,95®
~
1
'
8,315,35®
3,309,97®
7,588,448
*
r,
Section 522 of the Tariff Act
Secretary of the Treasury the buying
give below a record for the week just
passed:
3,603,751
9.9
—
11,696,872
'
Foreign Exchange Rates
Pursuant^to the requirements of
321,57X530
361,235,885
0.8
5.4
—
—
'
■
li-
648,942,366,412
0.2
—
—10.0
4,523,044
"706,855,356
.
•t
35,946,052,732
,.
+15.4
■
1
67,899,-747^130
tNot available.
the
Uruguay,
Uruguay,
Uruguay,
Uruguay,
62,829,49430,978,447
6.3
477,330,237
178,167,770
•Estimated.
Union
79,082,909
38,835^490
+
+ 10.1
42,531,682
Banta Barbara.
Official
6.6
"+TL7
+ 19.6
264,268,500
+
29,441,781
28,409,705
9,580,341
RATES
—
+ 14.6
9.8
+
4.6
Pasadena
<
+
10,064,739
+
0.9
Riverside
EXCHANGE
5,908,000
+
346,810,469
45,062,123
20,785,448
33,917,904
totals.
—
+ 16.8
41,528,778
2.3
28.157,578
Outside New York
308,064,390
+ 19.4
+
23,265,762
Berkeley
Long Beach
Modesto
-
379,255,327
+ 23.4
—21.0
©•JH-r-Bakerslield
'
5.3
+
7,020,127
+ 15.5
+ 10.8
5,495,201
63,809,339
^
* '
1,384,664
T,3837476
212,0~52l000
8.0
244,224,000
268,994,320
.Utah—Ogden
—<
1,523,915
l,Tl7~756
6,996,017
24.4
3.1
+
9,671,000
690,964,562
12,276,309
Portland
'
21.4
+
227,539,362
20.6
5.9
+
—
43,202,930
29,417,932
,
Total (19 cities)
6,800;353
+ 34.0
+ 21.0
5,781,678
—
Grand total (183 Cities)
9,554,664
463,968,242
8,578,382,733
+ 20.9
17,585,447
Jose
7.3
T~8~6
r,~892ll99
176,552,745
5,225,891
504,502,161
Yakima
Ban Francisco
—
Francisco-
,—
Seattle
Ore.—Eugene—
199^927^104
1,935,878
2,"055Tl31
10,341,433,118
15,057,417
2,450,092,999
Wash.— Bellingham.
2,351,012
30.6
+
6.1
5,509,119
cities)
247,~21~2~943
+ 12.1
67,748,488
44,205,260
.
11,609,809
6.7
39.2
3,990,640,809
6,324,545
.
10,762,335
+
88,477/735
18,208,755
Texarkana
6.4
+
+ 11.7
+ 15.7
863,990,346
Falls
297lo"33l545
+
25,988,000
Arthur
6,823,775
3177045^ 700
4,472,392,388
+
91,305,200
123,338,310
27,515,000
Houston
5,447,566
9,329,810
+
15,550,627
Worth
7,250,968
11,837,617
3.6
+
1,058,976,722
Galveston
7,152,470
12,696,440
+
14,600,294
92,602,050
6.5
1.2
+ 24.6
28,988,822
17,992,049
:
367.031
*
1,123,382,181
*
455.030
+ 11.6
441.941,823
+
+
District-—Dallas—
525,803
+ 20.2
12,693,689,071
1,332,569
—
.
+ 21.3
265,816,589
1.6
—
283,056,099
5.2
+
22,986,438
5.9
2.2
—
2,919,535,606
Reserve
Dallas
France
3,390,692
9,1)80,901
10
T.7
—
1,817,892
30,544,328
Australia, pound
Belgium,
franc
Brazil, cruzeiro
4,"474~341
,"580^9 03
+ 13.7
15,170,288,317
510.230,757
(15 cities)
V
4/750",217
+ 19.0
114,423,350
10,670,376
Beaumont
Canada,
9.0
379,369,794
9,408,013
For certain
19.7
7.9
4.6
+
51,147,715
El Paso
For
21.7
+
27,604,991
7.8
+
3.8
+ 17.7
224,248,661
30,085,727
116,516,411
7,971,782
Texas—Austin
For
+ 15.0
+
138,955,518
0.1
3.0
1,377,072
Pueblo
Argentina,
+
36,253,293
143,938,864
Okla.—Tulsa—
Colo.—Colorado Springs
Denver
■■
53,T9_3l833
3,727,200,362
37,616,196
9.0
+
1,451,249,225
47,139,428
•
City
Joseph
Carthage-
-
67,4251649
8,855,968
267,550,786
—
6,351,528
Bt.
:
14.8
8,294,912
267,300,927
+ 42.7
+
54,292,429
6,249,030
FOREIGN
7,057,595
173,792,844
9.7
+ 13.9
43.931,151
+ 17.2
2,503,171
Mo.—Joplin
to
8,590,798
220,778,422
258.716.211
10,242,247,806
+
30,884,753
Wichita
•,
328,198,181
283,818,241
—
569,845,640
1,700,459
31,550,879
Parsons
Topeka
in
386,449,558
11,661,761,723
62,675,291
+
30,295,733
572,445,403
tNot included
l,360l00O
6.3
+
3.2
+
2,362,970
29,795,955
Kans.—Manhattan
-
1,6321920
0.8
-
Ida.—Boise_4_
77,233,878
16.3
System—Kansas City—
Omaha
'
20,875,736,455
—
2,021,315,268
Lincoln
'
4.0
+
45.909,109
2,855,842
2,022,112,855
Hastings
Federal
74.504,283-
+ 13.7
15,588,729
2,723,929
Total (16 cities)
Twelfth
91,406,569
87,010,069
2,4~30"l31
—
20,027,671
49,532,667
(11
175,100,065
+ 27.1
3,164,159
Neb.—Fremont
I
2.03M25
—
23,850,259
21,588,282
Helena
t
5.8
—
17,452,219
23,855,507
Great Falls
f
+
+
6,237,933
Lewlstown
,
78,312,243
+ 23.3
4.794,000
6,453,496
3,070,457
Total
206,400,000
25.2
1,183,017
16,372,928
Mont.—Billings
Ban
+
+
39,636,591
Huron
,
6.8
14.289,243
—
4,269,657
1,503,132
'39,585,449
Sioux Falls
■t
+
17,81)6,997
400,848,659
.
La.—Shreveport
107,550,864
119,363,260
82,844,919
5,376,224
Minot—
Wichita
9
7.8
+
1945
16.5
3,751,305.976
—
33,887,412
1,396,233,787
S. D.—Aberdeen
Port
119,994,534
1946
|
17.2
+
8.0
+
2,402,630,562
436,737,188
Federal
117,695,629
+
—12.5
1,992;084
9,930,646
6,628,890
Winona
Total
+ 12.5
4,465,610,708
3,512,170,903
617,849,134
34,169,950
Fergus Falls-
Eleventh
Dec. %
257,400,000
13,458,486
1,351,977,501
Paul
Tenth Federal Reserve
Inc. or
*
277,500,000
92,970,618
15,681,493
5,021,863,619
Week Ended Nov. 6-
1947
8
+ 13.1
47
District—Minneapolis—
N. D.—Fargo
Grand Forks
Ft.
108,985,592
9.8
0.3
Rochester
^
10,504,320,346
+
2,305,907,605
(2047)
1948
Dec. %
+
2,151,034
Minneapolis
Kansas
11,877.157.859
4.6
+
S
1,531,054
Minn.—Duluth
;
10,427,933
8,686,764
Total (7 cities)
.
2.5
—
Inc. or
$
514,266,039
551,200,044
-
—
1948
.
1,681,830
Quincy
St.
or
515,822,275
;
HL—Jacksonville
Ninth
Inc.
Dec. %
1,246,633,672
10,902,961
Independence
Ky.—Louisville
Tenn.—-Memphis
CHRONICLE
-Jan. 1 to Oct. 31-
1947
$
Eighth Federal Reserve District—St. Louis—
FINANCIAL
Vulcanized
Fibre
1st mtge. 4s, due
Co.—
debentures, due i960
•
;
•
1256
__^_Dec
1960
1950
1
180*
Dec
1
*4®'
Nov 15
1585
"
48
Date
Page
bends, due 1966
Dec
1
Inc.—
1st mortgage bonds, due 1958
Nov 26
Riverside Golf Club, 1st mtge. 4% bonds, due 1960_„Dec
1
Spalding (A. G.) & Bros. Inc., 5% debentures
Dec
1
Twentieth Century-Pox Film Corp. prior pfd, stock
Nov 22
Union Gas Co. of Canada, Ltd.—
1907
Company and Issue—
1st
3%%.
mortgage
Dec
1*959
bonds, due
4 Va %
1803
«
1487
1406
7
districts.
Borrowings increased $31,000,000 in New York City,
$27,000,000 in the Chicago District, and $69,000,000 at all
reporting member banks.
A summary of the assets and liabilities of reporting
-
Inc. ( +)
Denver
1st
Lake
Salt
&
series A, due 1950
Jan
1st mtge. 4% bonds, due 1950___Dec
Minneapolis Gas Co.,
Rational Sash
1692
Ohio Power
3o.
1st
mortgage
bonds, due
Dec
Dec
debs., due 1962
3%
1907
1
1
1803
Catholic
Episcopal Corp.
in
1568
Nov 15
bonds, dated Dec. 1,
first mortgage
General mortgage
this
—
24.794
—
1149
Other
1
1149
Reserve
1260
tVol,
issue.
$Vol.
166,
165.
46,607'
14,913
Reserve Banks Combined
of
banks
1948
certificates--
Redemption
fund
for
F.
22,116,429
20,511,170
Total gold ctf. reserves
629,302
630,303
.
and
Industrial loans—
22,745,731
?53,92l
320,068
428,994
973
-
931
1,940
1,006
U.4J. Govt, securities:
4.977,244
-
Certificates
5,130,589
823,600
._.
11.223,488
13,234,574
(U 30,819
6,119,819
Notes
Bonds
De
423
—
*7+
'+
v17
G9
—
7,108.805
832,100
970,500
11,136,689-
737,690
Total U. S. Govt, securities-
23,144,151
23,239,197
22,051,569
Total loans and securities—
Due from foreign banks
23,471,526
23,560,196
22,483,509
49
49
127,563
128,788
Durex
L
DIVIDENDS
2,785,135
2,555,477
32,223
212,124
205,591
61,255
grouped in two separate tables. In the first we bring together all the dividends announced the ;
current week. Then we follow with a second table in
which we show the dividends previously announced, but ;
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
declared.
7
:
V. ' '
items—
assets
49,705,287
49,481,976
46,778,120
(quar.)
Steel Co.
5%
Reserve
notes
24,181,645
24,113,495
24,585,740
19,947,180
-
19,846,044
16,838,792
1,472,593
1,223,521
463,134
443,036
422,701
507,003
3 y4 %
bank—reserve
acct.
U. S. Treasurer—gen.
Foreign
acct.
1,553,156
434,392
'
Other
477,877
deposits—
22,412,605
liabilities
—
19,012,352
2,328,631
'
2,386,861
2.453,896
12,779
12,912
20,030
48,935,060
48,717,740
American
bills
of
note
B.
88,413
49,481,976
46,778,120
V.
4V8%
make
3,046
6,104
gold
to
1,846
indus¬
certificate
6,072
7,176
49.0%
49.1%
48.6%
re¬
combined
(American shares),
Government securities
posits adjusted, and
and
$815,000,000 in demand de¬
an increase of $318,000,000
mand deposits credited to domestic banks.
in de¬
preferred (qitar.)
Works
(resumed)
at all
reporting member banks, and decreased $12,000,000
in the Chicago District.
Holdings of Treasury bills decreased $158,000,000 in
New York City, $40,000,000 in the San Francisco
District,
and $125,000,000 at all reporting member
banks, and in¬
creased $29,000,000 in the Philadelphia District and
$27,000,000 in the Minneapolis District.
Holdings of Treas¬
ury certificates of indebtedness increased $34,000,000.
Holdings of United States Government bonds decreased
in all
district, the principal decreases being $41,000,000
each in New York City and in the
Chicago District; the
decrease at all reporting member banks was
$162,000,000.
Holdings of "other securities" decreased $46,000,000. T
Demand deposits adjusted decreased in nearly all dis¬
tricts, the principal decreases being $539,000,000 in New
40c
$1.75
$1
■/*>•
,
—
,
$1
——
$1.25
Birmingham Water Works, 6%' pid. (quar.),
$1.50
Black-Clawson
Co.
(quar.),
—
25c
Border City Manufacturing-Co.
(quar.)—- $1
5%
Son,
preferred
(quar.)
i—
Oil
Brown
6%
<Sr Bigelow,
common
preferred (quar.)
Brunner
Co.
Mfg.
(qu.ar.)
Water
Camden
Co.
(s-a)
(quar.K
Co., 7% preferred
Forge
Co.,
common————
convertible
5V/2%
Crushed
Canada
(quar.)—
preferred (quar.)
Ltd. (quar.)—;
Stone,
Extra
60c
(quar.)—
convertible preferred (quar.)
Ltd.,
Canners,
non-cum.
Participating
5%
,
—
preferred
Participating
(quar.)_
1st
—
—
Canadian
Malartic
Gold
Canadian
Western
Natural
Ltd.___—
Co., Ltd.—
Mines,
Gas
Common
(year-end),
Catawissa
5%
2nd
Central
5%
RR.,
preferred
Northern
preference
Charis
Chicago
Rivet
$3
&
Extra
Stock
*
dividend
11-12
12-
V>q
12-15
12-16
12-10
11-23
12-31
12-15
12-15
11-23
$7.50
12-
1
11-16
$1.75
12-1
11-10
12-
11-10
60c
11-16
1%
12-10
12-24
12-
1
11-19
$1.06%
12-
1
11-19
70c
12-17
11-19
12-, 4
15c
11-29
28c
12-15
15c
12-21
30c
—
1-24
25c
i—
12-20
65c
11-17
12-'* 4-
11-12*
„
"■
12-1
12-
1
11-10
1-
1*
12-7 6
12 %c
1-
3
12-10
75c
12-
!30c
1
11-15
$2
12-10
11-18
$1.25
2-1
z—**•
(yeur-end)—
93 %c
2-
1-10
7
1
1-10
11-15-
11-7
5
37 %C
11-15
11-
5
25c
12-10
11-24
+-■• $i.i2ya
37 %C
(quar.)_
12-30
12-15
\1-
11-20
+,
,
(year-end)
preferred
.
—
-
25C-
1
11-15
12-15
11-19
$1
12-
1
11-12
$1.75
12-
1
11-12
—
50c
12-
1
11-19
80C ^
12-
1
40c
1-
3
12-10
$1.75
1-
3
"'15-10
75c
1-
2
11-19
12-22
,11—19
'
j.—
(quar.),
common
"
;
——-
(quar.)——
12-
11-12
12-15
25c
12-
1
11-20
10c
11-26
11-16
25c
I
12-
12-
1
11-18
12-
1
11-18
12 %c
11-12
11-
25c
12-
1
11-20
50c
12-
1-
11-20
87 %C
$1
1-
,12-17
1
U-
11- 8
12-10
Extra
common
:—
participating preferred (quar.)
International. Cellueotton Co. (quar.)—,—
$1.50
1- 3
12- 1
Interstate Natural Gas.,
3
3
3
3
1-.3
1212121212-
Intertype
12-
$25c
12-
1
12-
1
11-20
12-
1
11-20
I-
3
12-17
12-27
12-17
37VaC
15C
11-12
Paper, common
—
12-17
12-15
11-19
$1
12-15
11-19
Corp.
$1
Southern
I-
*
—
12-15
11-19
12-15
12-
12-15
12-1
25C
—-—
Inc.—
(year-end)—
Utilities (Del.)—
$1
60C
(quar.)———
preferred
11-20
$1
(quar.)——
Year-end
1
3
12VaC
International
11-18
37 Vac
$37 %C
:—
^
1
„Jl-30
tlOc
(quar.)
preferred
conv.
Imperial Varnish & Color Co., Ltd.,
2
11-26
12-11
Press Mfg. Co.— *
Hydraulic
1
37 %c
50c
—
—
11-19
20c
$1.10
$2
(quar.),,,,——
Co.
11-19
12-15
40c
(quar.),—t.——:—--
Inc
Barhizon,
11-19
12-15 :
30c
Utilities, com. (Increased quar.)
Sound
11-15
12-15
10c
common-
Co.,
Tea
Sugar Co.,
Howe
11-15
12-15"
$12%C
(quar.)—
Co.
12-15
$12VaC
<quar.)_
(quar.)—
Chemical
12-10
$12 Vac
(quar.)
4—..
Y.)
(N.
hplH )
ro-
12-31
$50c
—-
Paper
Hotel
12-
11-15
1
1
Water Supply,
(quar.)
$5-preferred
Johnson
11-19
Extra
12-15
12-10
11-19
12-31
12-15
12-14
11-30
12-14
11-30
$1.37'/a
(quar.)
$7c
20c
(quar.)—
— —
(increased
Johnson
&
Ltd.,————common
50c
$1.25
30C
Mines,
Mountain
Jamaica
11-18
1
12-
-
$1.02%
Bakeries (quar.),—,————
Havana Lithographing Co,—,:
—
—
Heyden Chemical Corp., common
——
3 % % preferred (quar.)—
Hiawatha Oil & Gas, 5%' preferred Tquar.),
Hilton Hotels Corp., common (quar.)
t
4'n
convertible'preferred (quar,)—
Hollingsworth .fe Whitney Co.—
Common
(year-end)
$4 pveiei*red
(quar.),——.
Island
-y26
11-17
11-30
5c
Hathaway
Iowa
11
12-H+-- 11-30
20C
—
—
Plywood Corp.
Hauhaw
$4
11-19
1
.12-10
$1.50
Ltd., class A
Pacific
&
prelerreu
Dt.w
8
8
8
8
8
.1L-L9
10c
Oil
6%
11-"26
12—
$25c
:
;
Indemnity
Western
Gulf States
12-7
12- 7
11- 9
11-22
10-31
11-15
12-.24
2-10/""
Co.—
I——
—;—Z
Extra
Harbor
J
3
25c
-
t—l—-S~.
preferred
Great
1
1-15
15c
—
(quar.)——
Atlantic
<
11-26
II-15
11-
$4
12-10
11-26
.
12- 1
Kents Restaurant & Baking—
11-19
11-15
i$lj37c
t$1.75.
12- 1
12- 1
1- 3
5*2%
11- 9
11- 9
11- 1
11-1
25c
11-15
20c.
75c
12-
1
12- 1
"11-15
25c.
12-15
11-27
12-15
25c
5%
11-15
.
11-27
12-15
11-27
preferred
Mill
Kilburn
King-Seeley
11-12
11-12
-12-3
11-15
—
11-18
12-
'15c
.
25c
(quar.)
(quar.)
11-30
$1
preferred: (quar.)— ,1
Corp. (cash dividend) (quar.),,:—
Special year-end stock drvicend < One shr.
of Texas Gulf Sulphur common for each
;
pfd.
11-13
25c :
7%
(s-a)
—J
conv.
Machine
11-20
50C
—.—,——,
American
Gulf
11-23
11-23
(s-a)__i
12-- 3
50C
—
(quar.)
12-20
75c
(s-a)
Railways, class A
Corporation
Chicago Corp.,
,
(s-a)
1
Tire & Rubber Co. of Canada—
Groat Northern
75c
1st preferred
5%
12-
1-
common
Co., 6%
C.)
(H.
Extra
7%
12-22
$-1- 8
-12-10
11-19
11-19
120c
(quar.)
1
~
common
preferred
Class B
Ltd.—
T
$1.50
preferred
(quar.)
Cassldy's, Ltd., 7% preierred'
11-17
1-
3%
(quar.)——
Products,
Great
t$l
4%
preferred
(quar.)r
Capital Wire Cloth Mfg. Co.,
1
r
j
Common
11-17
12-
15c
(quar.),
^
(quar.)_i——
1_ ——*£ v .Corp., $1 preferred (quart)"
12- 1
11-19
12-15
12- 1
12-10
11 -rl 7
1
933/«c
Phoenix
11-19
f2q
'
1
12-
$1.25
(quar.)
11-15
1111-
12-
<quai.)__—
America Corp.
General
1
t31%c
$15c
tlOc
$25c
i5c
common
11-15
+5c
93%C
Set Screw
&
12- 1
12- 1
12-15
12- 1
1- 1
12-
11-24
11-31
'
(accum )
tlOc
Oil
Inc.
11-12
Watch (quar.)—;
,i;_———u— ,*—1
Great
11- 1
10c
Creek
Bullock's,
Butler
B
30c
50c
$1.75
15c
34%c
tlOc
Extra
Buck
1
12-10
&
Industries
Frontier
:
11- 3
12-13
11-30
12- 1
12-
90c
40c
———
Gordon Mackay Stores,
11-15
1- 3
1- 3
12- 1
11-12
—
Reduced
11-10
;
6
1
(extra)—————
Fittings, Ltd., class A (s-a)—;
——,~
Cap
4%%
12- 1
11-15
11- 3
$25c
$0.234375
(quar.)_
$1.10
(quar.)—.:
'
25c
$1.50
12%o
(quar.)
8
12-
12-
Ltd.—
Ely & Walker Dry Goode;i--ai
Empire District Electric (quar.)
Excelsior Insurance Co. (s-a)-,
Goodyear
12- 1
11-10*
preierred tquar.)
Brooklyn Borough Ga.s, 4.40pfd.
National
Godrnan
50c
preferred (quar.)
Co,, Ltd.—
$2.75
Inc.,
11-
12-15
30c
Natural Gas Co.,
Paso
Year-end
12- 1
12-15
11-15
11-15
20c
Louis & Interu;ban Water
Gerber
683Ac
-
British-American
Canadian
Commercial, industrial, and agricultural loans in¬
creased $13,000,000 in the Atlanta District and
$5,000,000
21c
1
T
Corp
$1.50 .preferred
11-20
12-16
11-10
11-10
12- 2
11-22
11-20
12-10
11-18
11-24
12-15
12- 1
1- 8
12-24
12- 1
11-18
12- 1 <• 11-18
11-26
11-15
1-20
1-3
1- 3
12-10
1- 3
12-10
12-15 11-30
12- 1
11-15
(s-a)
(quar.)—,
——'
(quar.)_
11-15
12-
$3.75 .preferred
-
$2.50
25c
12Vic
preferred .(quar.) ——$1.12%
preferred
3'4i%
shows the following principal changes for the week end¬
ed Nov. 3: Decreases of $258,000,000 in United States
30c
Ship
Steam
———,_v—
Iron
&
Common
The condition statement of weekly reporting member
banks of the Federal Reserve System in leading cities
12-15
-■
common
Los Andes
Bourjois,
Condition Statement of Member Banks
$1
$1.50*
Bangor Hydro-Electric, common (quar.)_
7% preferred (quar.)—;—,——————
Extra
deposit and F. R.
liabilities
prior
Banco de
Bird
1,858
to
Corp.,
Indies
(reduced >
Collieries
D.
Bath
,
cor¬
trial loans
serves,
Ayshire
439,823
94,379
respondents
Ratio
194,030
448,189
27,543
49,705,287
$1.12%
•
11-15
1- 2
12- 1
12-1
—+
—
—
West
&
non-cum.
200,091
27,543
liability on
for foreign
Commitments
Gulf
1- 5
1
$1.75
A
preferred * (quar.)
preferred
(quar.) J
General
11-24
12-10
25c
15c
,,,
preferred (quur.)_
Atlantic
448 189
44,794
25c
Inc
Co., $6 conv. preferred iquar.:)—
Atlanta Gas Light Co., common (quar.)——
4%
purchased
Growers,
12-23
12- 5
12-10
1- 1
12-10
12-10
50c
———
&
Armour
200,116
27,455
.
——
—
Fruit
1-10 ■/>■>
11-24
11-24
.
12-15
12-
$$1.25
.
(quar.),
"4.10^ preferred (quar.)—..—.-——
4.25% preferred (quar.)'
—
Electrolux Corp.. (yeai+end)^
Holderi
12-11
12,15
12-22
40c
—
(special)———
Inc. (year-end)
$5 preferred
Payable of Rec.
93%c
70cl
—
d.—
(quar.)
Mossberg Co
5%
in
Total liabilities & cap. accts.
Contingent
Co.
Lir.es,. common
Burplus (Section 7)
Surplus (Section 13b)
Other capital accounts
I
(quar,)—
,
(s-a)—
Chicle
American
Capital Accounts—
Capital paid
preferred
Holding Carp,
41/!*%
46,072,018
(quar.)—'J,—
(quar.)
common
of America, common—
Co,
preferred
$3.75
Amerex
Apco
'
Deferred availability items—
Other liab., incl. accrued divs.
Total
22,204,472
(quar)
Mfg.,
convertible
Aluminum
Extra
Total
Co., common
preferred
Allis-Chalmers
Deposits:
Member
(qilar.)
Addressograph-Multigraph Corp.
Allied Finance
$1
50c
40c
25c '
40c
81 Vic
50c
—
12-31
40c
—-
General Motors Corp., common
When
8hare
Name of Company
„
.
are:
Per
LiabilitiesFederal
week
"33,208
Acme
Total
this
announced
11-30
(quar.)— 1—
Brook RR.
—
preferred
Ferry
8
r
11-10
12-15
Chemicals,,Inc. (quar.)___
Massachusetts Street Railway-—
Elgin
11
40c
62 %c
Mfg.
Plastics
6%
2,659,037
32.223
Gtacollected
Bank premises—
Other assets
East
El
are
dividends
1
11-26
;<quar.) ——_'
Electric
East St.
The
12-
Company
B
Dumont
•'17%
103,860
11-20
$12c
$2 5c
Fabrics,
Dorset
6%
.
1
Co.—.
Inc.
Common
(San Francisco District). \ .
,
items are reported gross,
instead of net as previ¬
Year-ago figures have been adjusted to a gross basis.
Dividends
11-18
12-
Corp.—
Dominion Steel & Coal Corp.,
tBeginning June 30, 1948, Individual loan
i.e., before deduction of valuation reserves,
ously reported.
11-30
12-17
$1
(resumed)-—Co.-i——1——_1"
Dominguez Oil Fields Qp., common——,—
95
F. R. Notes of other banks—
Walt,
Doernbecher
figures revised
1948
27,
12-15
50c
—
Rayon, class
Supply Co
Dobeckmun
32
65
+
$1.50
Dictaphone Corp., common;—4%
preferred (quar;)—
—
780
+
J Revised figure pre21,789 (vious week 22,685
246,444
Acceptances purchased
Bills
318
1,423
212
week
21,190,712
326,402
advances—
+
11-30
25c
—
Bound
&
Edison
Detroit
\
.
12-15
30c
Corp
dividend
Dentists'
845
382
679,542
250,935
22,826,732
cash-
Discounts
♦Oct.
%
R.
notes
+*
9.225
:
.
+•
1
$1.50
.
30c
Box, Ltd., common
(quar.)
Porster Securities
&
Class
1947
-•
S
22,195,429
—
—
1
12»
——-———
Petroleum
Stock
Nov. 12,
NOV. 3,
$
7,4.
.—
Borrowings
:
,
r-—7
Debits to demand deposit accounts, except
interbank
and
U.
S.
Govt,
accounts,
during
1948
1,597
banks
Domestic
dollars)
Nov. 10,
Assets—
,,
—815
+
9
f
53
Paper
preferred
Delaware
deposits adjusted..
Time deposits, except Government
U. 8. Government deposits
p
Interbank demand deposits:
12-
12-15
preferred
(quar.)
—
Power & Light, common (quar.)—_
33V% preferred A (quar.)
■»:
1
33A%' preferred B (quar.)
J—1—Dejay Stores, Inc. (cash dividend)
<quar.)_
2,104
+"
39
—152
*
3
12-15
75c
7%
+
49
.
11-
37 %C
Dayton
"
29
25c
1
(quar.)
(Chicago)
————*'«•«>»
Cree-lo
—6,198?
11-15
12-
(quar.)
Products
Wood
Corrugated
Crum
11-13
*
1
——--
Casualty Co.
J2xtr£i
5%,
11-19
11-20
—
Cornell
Liabilities—
Foreign
thousands
—
12-10
12-
preferred (quar.)
Co. (quar.)—
'
Extra
1,661
499
676
+
+
162
46
154
—
,
Demand
(la
+
Balances with domestic banks
167.
5Vol.
Statement of Condition of the 12 Federal
Other
Reserve
—;
125
34
5
4.234
—
Banks—14,433+.—
813
,—
vault
in
—
Assurance
Continental
1
678
49
518
4,714
11-29
50c
$2.50
Co.,
Extra
Delaware
IVol. 164.
Gold
Federal
with
—_
„
securities
1
Any time
%
—
bills
.
Treasury certificates of Indebtedness
Cash
5s, due 1951,,
in
♦Announcement
—
—
2,378
4,423
1,673
+
+
11-24
2c
Chemical Industries, Inc.—
Continental
.
+
+
+
+.
11-29
1
12-
$1.25
class
Consumers
267
2
11
69
1
258
12-15
r
preference A lextra)
^
B (extra)
Gold Fields of South Africa—
Consolidated Paper Co.
(extra)—
Consolidated Theatres, Ltd., class A (quar.)
Consolidated Water Power & Paper (quar.).
23
—
—
12-15
11-29
50c
,—
,
—r
.
10%
11-10
*
*
partic.
$1
Common
,
,
,
12-15
Consolidated
176
2
—
488
Real estate loans
4,021
Loans to banks
295
Other loans
3,887
U, 8. Government securities—total—,—— 33,268
Dec
3Vi% and 47o note issue, dated Dec. 1, 1936
Tennessee Coal, Iron & RR. Co.—
—r
-—
207
securities
Other
Dec
1939
10
.
50c
12-10
-
15c
c
Consolidated
+ 2,156
,+. 1,376
439
securities
—
for purchasing or carrying:
Government obligations
Treasury notes
U. 8. bonds
for the Diocese of
Ontario—
92
8
obligations—
Government
8.
+
+
-
,
Treasury
3 V* % bonds, due 1960
Alexandria
4%
11591
1, '49
& Brass, Inc.—
1st mortgage
Roman
Jun.
bonds
income
0%
Public Service Co. of Colorado,
Revere Copper
2024-
Corp.—
Avenue
223
pur-
loans
U.
$2004
for
carrying:
or
S.
,
12- 1
$1.25
(quar.)
Products (irreg.)
Carbon Co.
(quar.)
Year-end
<
:
dealers
and
brokers
Other
Other
1947
+
24,975
15,415
—
agricultural
and
— _
to
chasing
1
Anytime
1949
bonds, due
debenture
6%
Co.,
Pennsylvania
loans
U.
20-year collateral trust bonds, series A, due 1954_—Jan
Gas it Electric Light, Heat & Power Co.—
-
Loans—grosst
Industrial,
1257
Anytime
.
Investments—total
and
Commercial,
1905
Hew York
4%
Loans
1948°
$1.25
Consolidated Mines (irreg.)
Commonwealth Telephone, £5 pfd.
cquar.)_
Conestoga Transportation (s-a)
Congoleum-Nairn, Inc.
(quar.).
Nov. 5,
Oct. 27,
(in millions of dollars)
62,229
—
212
— 2,631
24,727
+
92
+ 2,033
•
•
Loans—net
1901.
1
1
Weight Corp.—
money
Assets—
Loans
1st mortgage 6% bonds, due 1949National Union Mortgage Corp..—
Purchase
Nov. 3,
72410
12142
Ry.—
bonds,
4%
mortgage
due
series P,
notes,
1948
1477
1955
Jan
1
Appalachian Power Co., 6% debs., series A, due 2024_July 1,'49
Batte Electric Power Co., 1st mtge. 5s. due 1951—-Any time
Country Life Press Corp., 6% preferred stock
Dec 1
convertible
12-30
Columbus Rexali
or
Since
Dec. (—f
12-30
73c
Aluminum
Columbian
banks follows:
Peg*
Date
12-10
75c
RR
preferred
5%
Club
payable of Rec.
Share
of Company
Rock Island ii Pacific
Special
City Water Co. of Chattanooga— .
5%
preferred (quar.)
—
Clark Equipment Co.—
Common
(cash dividend)
(quar.)
Stock dividend <1/10 of a share of com¬
mon
for each share held).
—
banks increased in most of the
W. Paper Co., Inc.—
6%
110
ton
member
CALLED
ISSUE
ENTIRE
.Company and Issue—
A. P.
Name
Chicago
the Bos¬
domestic
District; they increased $41,000,000 in
District.
Demand deposits credited to
Francisco
Poll-New England Theatres,
1st mortgage
City, $161,000,000 in the Chicago District, $35,000,District, and $34,000,000 in the San
York
000 in the Richmond
Ry.—
Holderi
When
Per "
Piedmont & Northern
1948
Monday, November 15,
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2048)
Corp.,
5%
.
(M.
Lawrence
Lee
(H.
(A.
D.)
H.),
C.)
Lincoln
I'd
Lion
Store's,
Ludlow
Co.
(quar.)
—
50C
$5c
7VaC
(quar.)_.
40c
(s-a)
—
—-
,
&
Sales
12-10
.11-30
II-30
11-15
12-10
11-19
12-
1
11-18
12-13
11-26
—
12-
4
11-22
12-
1"
11-JO
30c
common
(quar.)
12-15
$1.75
(quar )
(quar
5
3
1-
-37 %c
pfd. (quar.)
Manufacturing
25c
37 %C -
:
Ltd
Leather
Inc.,
—
———
_—
Company
preferred
Oil
Z,
Inc.
Lexington Water, 7%
pfd.
conv.
Co
Koehring Company
Lake Dufault Mines,
Lamston
1—.
(quar.)
Petroleum
Kirby
(quar.)__
12-
1
11-22
$1.75
12-
1
11-22
75g
12-15
11-30*
65c
12-15
12-
4
Vdlume 168 "
1
■*'*
"
"
NuAber'4751
'~\
J;. ■
." *
1.
Tf!E~ COMMERCIAL &
"
•
,
flame of Company \
Mallory
(P.
R.)
&
When
'
.
Mastic
Asphalt
Mat meson
I'M
Chemical
preferred
Corp
fz
7%
Corp.,
12-
50c
12-23
1212-
12-
1
11-20
12-
1
11-20
-
tquar.)
'
*
__
Metropolitan Edison Co., 3.90% pfd,
4.35V
preferred (initial quar.)
1
•
12-
1-
2
12-
(quar.)-.
Extra
U.
3
4
Minneapolis
(quar.)
'
3
12-20
1
11-20
12-20
12-11
12-11
,11-20
Co.,
(quar.)
common
Montirch'
Knitting,' Ltd., ;commt n (quar.)--.
t25c
preferred (quar.)
J
4$1.1272
Calculating Machine (quar.)
__
50c
Montreal Refrigerating & Storage, Ltd.—
<tlhVe
Common
!
„>
-1st
1
_
preferred-'
Moore-Knndley
_
(quar.i
Coated
&
Paper
20c
$1.25
Extra
*
11-30
11-19
11-30
11-19
Pen
Co.
;
;.
Pennsylvania' Exchange Bank
<N.
1
11-15
11-
1
11-19
A
River
Co., Ltd.
Price
&
Co.
12-
1
12-
12-20
12-7
12-15
12-
12-10
11-26
$1
12-10
of
Fund,
11-24
11-29
11-17
12-10
11-19
12-
,
5c
Fund
Inc.,
preferred
,
r.
12-15
i 2-15
each
share
Boston
^(quav.)
12-
11-10
12-1
Valley.Gas
11-24
a
12-10
1- 1
12-10
.!.■_!.a.20c
.!_.
11-15
11-
11-22
12J^c
-!
12 Vic
450c
.
50c
a—!_.....
CJass
A
Sunshine
Telephone
7%
Terre
J st
;_.V.
(Detroit)'—
Bond .&
(quar.)
Co.
_.l
(quar.)_:
11-30
12-10
12-20
12-10
11-30
11-15
12-14
11-23
12-14
11-23
12-
11-26
6
Business
American
Express
Forging
Co.
Fork
&
Gas
Common
quarterly
'(stock
Common
each
each
11-12
12-23
11-19
$1.95
12-15
11-15
$1.75
12-
1
12-15
1-3
25c
12-30
12-15
$1.25
12-10
11-26
12V2C
12-
1
12-
1
10c
$1-
11-20
11-16
prior
United
Amusement Co.,
Extra
_!
Class B
preferred
Extra
Co,
of
America
Extra
1.
American
National
$6
preferred
American News
American
of
Co.
American
of
3-15
12y2C
Seating
pfd.
(irreg.)
Extra
a
Water
1
10-29
1
10-29
1
10-29
12-10
11-24*
$4.20
10c
12-
11-15*
5.40%
11-15*
Black
11-12
12-15
12/ 1
(quar,)
& Light,
Sivalls & Bryson, 4.25% pfd.
(Phila,), com. (increased
preferred quar.)
Blaw-Knox
Year-end
Bloch
Bros.
12-
1
11-19
Bohack
Tobacco, common (quar.)____.
(quar.)____.
& Company (quar.)—_____
Realty Corp., T/o pfd. (accum.)—.
12-15
11-18
Boston
Fund,
12-
6%
preferred
(S.)
Inc.
5
12-
6
pfd. (quar.)__
!___
$1.25
12-20
12-10
Standard
Hose &
Rubber
com.
6%
(s-a >
Bowser,
Inc.,
$1.20
preferred
Brazilian
12-24
12-
1
11-24
....
121/2 c
11-30
11-12
(quar.)
5
$1
Inc., 67o-
pfd.
conv.
8
50c
11-30
11-
5
60c
12-15
11-30
12-15
11-30
12-
11-10
11-15
11-
30C
(s-a)
11-
30C
Co
11-19
11-23
75c
(quar.)
11-30
$1
50c
*
12-
11-20
1
1
1
Co.,
!
$1.60
415C
1-31-49
12-
1
1-21
11-10
Ltd.—
11-30'
11-15
11-30
11-15
Archer-Daniels Midland
(quar.)
(quar.).....
Co.
Inc.
5
Bulolo
25c
:
11-
12-10
11-
5
12-
1
$1
Co.
7
(quar.)
prefeired (quar.)
common
—
12-23
12-18
$3
a
12-23
$1,067*
pfd.
(quar.)
12-12
li-30
25c
11-15
11-
1
11-15
11-
1
12-14
11-15
12-14
11-15
25c
$1.50
11-15
11-10
12-1?
12-10
1
11-24
15c
$3.50
ll-lo
11-26
10-29
50c
11-26
11-15
11-26
11-
5
11-15
1
12-15
10-22
12-
11-15
1
1-15
1
3
12- ls
1-31
11-15
1-14
12-10
11-15
12-31
12-27
12-16
11-15
12-15;
11-15
12-15
1-
12-
1
2
12-20
11-15
11- 1
11-15
11-
1
12-15
11-19
$1.25
12- 1
11-16
5c
&
Sullivan
11-15
11-26
50c
4$1
11-23
11-15
12- 3
11-15
12- 1
11- 3
12-
75c
&
11-15
11-25
25c
Mining
11-27
10-30
37V£c
12- 1
11- 1
17.-15
Concen-
(quar.)
Co.
11-25
6°
$1-30
Co
(year-end).
Ltd. Krreg.)
Dredging, Ltd. (interim)
Hill
tratlng
12-
25c
Co.
Fund,
Gold
11-26
20c
prior
Extra
Common
11-26
15c
—-
Forge
Bunker
12*20
Mills—
1L26
1
15c
Die
6
1
12-
$1.25
Extra
12-
12-
1
$1.50
:
Line Co.__
Company (The) $5
Machine
11-15
11-15
12-
50c
Extra
&
1
30c
i30c
4772c
(quar.).
Budd
Buffalo
12-
12- 1
11-15
Co.—
(year-end)
(quar.)
Falls
$1.50
1
93%c
preferred
Hill
12-21
12-
90c
_
L.) Company, common.—
preferred (quar.)
Ltd., class A (initial)
B
(initial)
Common
$5
.1-1
8
40c
common
Brunswlck-Balke-Collender
Buck
12-21
4$1
Mills,
Class
12- 3
93%c
30c
(E.
3%%>
Bullbck
Corp
participating
Participating
Bruce
5%
(quar.)
■6%- preferred
(s-a)
preferred
Bruck
10c
11-15
Shoe-Co.,
$3.G0
11-
1
1-
Ltd.
!
Buell
(quar.)
(interim)
Co.,
Brown
Light & Power Co.,
_____
Buckeye Pipe
Anglo-Canadian Telephone Co.—
Class
A
(quar.)..
Anglo-Iranian Oil
Traction
10-25
1- 3
12-
Bristol-Myers Co., common
(interim)
3%% participating preferred
(quar.)
Serr'-annual
11-15
12-1
11-20
1
11-
12-20
12-1
1
1
10-30
1-1-49
10-30
11-
12-
a~10-3O
11-15
12-15
12-
11-15
11-15
11-15
11-15
30C
425c
$3
12-24
(quar.).
11-19
11-19
(quar.)..
412V/2C
tquar.)—S0c
—
Company, Ltd., class A
30c
$1.75
a
(N. Y.)
1-14
12-:. I t
12- 1
$4
——
preferred
Bowes
(quar.).
25C
Sanitary—
11-15
1-31
16c
(quar.)
Special
1
11-
11-15
11-29
<
25c
!
Blumenthal
11-15
35c
,12- 1
25c
Company
11-19
12-18
$1.06 74
75c
(quar.)
quar.).
11-15
12-15
11-15
$1.05
quar.)
11-30
25c
1
$1.35
tquar.)
1
$1.75
1
11-15
12-
60c
._,—.
common
1
a.
;
11-
1
$1
Power
Boston Woven
quar.)
11-30
12-
60c
12-
12-
4$1.75
1-3- 49
30c
11-15
.
quar.)...
12-10
37V2c
11-30
50c
Blauner's
$1
(
(quar.)
preferred (quar.)
preferred (initial
12- 1
75c
3
50c
—
preferred
12-15
Products—
Arts
67o
$3
1
11-17
il-30
1-
60c
common
Go.
(increased
Black Hills
25c
12-
12-1
1-3-49
$1.75
Corp.,
(quar.),
Extra
12-
$1.50
pfd.
:
,
Common
12-
$3
Co.
preferred
Cotton
Steel
Extra
12-
12-15
li-15
50c
Ltdi»fclass A (quar.)__
Bigelow-Sanford Carpet—
75C
'
& Sons,
Manufacturing
50c
1
6-10
«
1
$1
—
25C
a
Works
11-30
11-16,
3
7- 2
12-
t$l
$3
20c
'
Tobacco
American
Anheuser-Biiscn,
1
9
20c
iquar.)
Co
Applied
12-
2-
124
10-20
3-10
$1.75
i
preferred
$3
(s-a).
of Illinois
7%
&
75c
_______
Shipbuilding Co
,1—.
American Smelting & Refining, common.
American Steel Foundries (increased)
Farms
3
—__
(quar.)
Company (quar.)
62i/2C
(quar.)__
:
American Safety Razor Corp.
Ordinary
1*
10-30
6-10
.
,-12410
4-~ 1
50c
B
Bethlehem
Bibb
for
'
(quar.)
Re-insurance Co.
Post
9
7- 2
1-3
35c
1272c
(year-end)
preferred
7%
!.
pfd.
4%
Best
2-
3-10
Bessemer Limestone & Cement—*
a
L
Metal,
24 9
12-10
,
45c
(J.)
Class
11-10
3-13
____——-
(quar.)
,*._
(quar,)
Works
—
Bertram
25C
1
30c
——
(quar,}
common
Cpvp./ $6 preferred (s-a)
Fine Spinning
(quar.)
Extra
$1.18%
$2
Iron
Berkshire
11-10
for
Co.
(quar.)
preferred
11-10
Belmont
Foundry
Ltd., common
&
3
25c
(quar.)
'
Co.,
1-10
3
4$1.50
.....
(quar.)
com.
....
Beneficial
3-15
1/100
Electric
Special
7%
preferred
$3
Ltd.,
_____
Howell
1-
4-
35c
Co.-(Uuar..)___
preferred
11-15
$1,18%
50c
Radiator
prior
12-15
of
common
Common
Arden
7%
1
2-.1
35c
—
Extra
a
1/100
(bi-monthly)
8
11-15
Belding-Corticelli,
11-19
held
American President Lines 57o
American Pulley Co
11-17
11-16
Belden Mfg.
11-19
1
com¬
(s-a)
11-
1
11-19
1
12-15
dividend
Paper Goods,
11M5
12-
1
12-
Finance—
11-27
11-30
11-24*
12-
ll- 3
12-
25c
11-22
25C
2/100
(quar.)
11-
25c
(quar.)
$1,40
12-
1
25c
12-15
11-30
11-12
12-
25c
11-29
12-18
11-29
50c
$1.40
Extra
Co.
Co..
150c
1
10-21*
A
11-15
,11-15
50c
(s-a)
preferred' (quar.)
prefeired
(quar.)
$1.40 preferred (qtiar.)
Beck (Ai S.)i Shoe Corp.
4%%
preferred
(quar.)__.
12-15
Co
&
11-15
450c
5
11-15
Class
5
11-18
4
4
437%c
(quar.)___
$1
dividends
City
Co.,
$50c
Ltd., class A
A
Co.—
preferred
Investment
Meter
Arcade
A
Class
Belding Heminway Co,>
non-cum.
$1.06)4
i
Class
11-22
Corp. of Delaware—
50c
(quar.i...
(irrcg.)
11-22
1
...
450c
$4.25 preferred
1
30c
!
American
6%
Lumber
12-
11-13
1
1212-
$1
(quar.)..
Beaunit Mills, Inc., (quar.)___
12-
11-
12-
(year-end)
Bell* &
Corp.,
Metal
Ampco
COi
5c
11-
11-18
50c
Co., common
(quar.)_.__.
11-30
11-30
11-30
1
25c
A
Beaver
held^
Machine
Anchor
2
Class
12-15
12-15
12-
& Paper Co., Ltd.—
9
(quar.)
(quar.)
American
11-26
Power
12 Vic
(quar.)
American
11-12
12-
11-16
Bathurst
9
Machine
Insulator
American
1
Bastian-Blcssing
12Vic
American
12-
ii-10
10-25
30c
.!_!____,
1
425c
12-22"
40c
(quar.)
11-
share
General
American
420c
Co.
$1
..a
(quar.)—
•
412V2C
11-
held
Gas
Convertible
11-30
12- 6
Oil
3
of
(irreg.)
com.
11-15
stock
share
American
11-20
Extra
75c
-
Co.
...—
12Vic
a
dividend
...
5c
....
Common
1
Barnsdall
11-22
1D15
L
12-
11- 3
12-15
Extra
11-15
Extra-
12-10
11-15
12- 1
11-20
ll^is
1
25c
Barlow & Seelig Mfg.,
Class
A
(quar.)
11-20
12-
(W. H.) Company (quar.)
Barber-Ellis Co: of Canada, Ltd.
11-15
60
t
12-14
1-2-49
5c
1-4-49
11-15
4c
12-31
11-15
20c
10-30
50c
H-15
11-30
8%c
Barber
.
(quar.)..;
$1.50
11-15
'
common
&
12-10
....
1
1
1-15-49
il-15
Bond
12-1
1
1212-
8c
$1.50
12-
11-15
12-
11-24
12-1
$1.25
30c
City Electric Co.
American Ice Co. 6%
40c
12-20
(quar.).
11-15
12-15
20c
11-20
12- 1
25c
25c
5
12-17
America,
11-19
American Hide & Leather, 67c pfd.
(quar.)_
American Home Products
(monthly )..
25c
1-20
1
11-20
12-
15c
5c
preferred
11-22
12-14
12-
;
11-10
12-15
25c
5c
cash
Atlantic
preferred
3
12-28
$1.25
-
(quar.)
(quar.)
Mortgage Guaranty
..a
Electric
preferred
12-
Bankers
held.....
extra
of
American
12-10
11-10
^
share
for: each
share
12-20
11-15
87V2C
11-IT)
11-10
common
6%
preferred (quar.)
Bancroft
(Joseph) & Sons
5
1
1
12-1
\
preferred
Show,
12-10
a
stock
City
share
mon
6%
Radio
3
'
common
dividend)
exua
Common
$2.50
convertible
1212-
25c
415c
Steel—
25c
quarterly cash dividend
Common, .(stock
dividend)- 2/100
of
a
shafe'hf"Atlantic City Electric Co. com¬
$3
7%
11415
11-10
1
25c
'(quar.)^/
Baltimore Porcelain
a
Electric
of Atlantic
for
mon
&
America
11-27
;
American
of
Manufacturing
Baltimore
11-26
11-30
25c
common.
11- 3
12-24
12-10
12-
tl2V2c
37Vic
tquar.)
Co.,
(quar.)
quar.)_._.
(quar.)___—
.
CO., Ltd.,
(quar.)
-
C
12-15
10-29
$1
pfd.
conv.
preferred
Co,
12-16
50C
....
Canteen
11-22
12-31
45c
11-15
__________
(special)
Hoe
Furniture
Service
12-15
—
11-15
12-
ft-22
4
56V4C
——
preferred
(qtiar.)
Automatic
Avco
•
;
Extra
A
conv.
15c
/
..a
Socket
50c •, 12-15
11-20
(accum.)..;
filing Co.
&
B
Auto Electric
12-10
11-
11-15
377,0
1
1-
12-13
11-12
Co.—
(year-end)
Corp.
(quaf.)
Mines, Ltd
Autocar Co., 5 %' series A
11-20
11-15
11-15
$1
Gold
10-29
5c
12-
12-13
common...—
Tack
Aunor
11-15
(quar.).
Extra
American
Atlas
Coi
series
12-31
10-29
12414
$2
1
convertible
$1.05
•
(quar.)
...
American
American
Refining
5%
124 1
.10429
11-22
$2
Imperial Diesel Engine
Series A prefeired
(quar.!
5
415c
1 24 1
12- 1
25c
—
Railroad,
(quar.)
425c
•
(quar.)_____
Encaustic
$1.50
(quar.)
Conn
Extra
"
Co.
of
75c
Shares.*...:
Year-end
11-26
Co.—
:
COi
Ry
Atlas
Holder*
$1.25
•_
Can
American
6
25c
(quar.i.:
'
I
American
12-
415c
Tung-Sol Lamp Works, inc
Rubber Co., common
Biscuit
Box-Board
Special
Fe
1
-;
preferred-ii^iiai::) a
American
(accum.)*.
Tyer
United
12-15
12-20
15c
fc Williams Steel Forging (year-end)
Inc.
11-10
Shaye Co.—
Products
American
40c
•
Water
Tist)maiv Realty & Construction
Increased quarterly '
;_!_!
Uarco,
11-30
11-19
1
11-15
36V4c
Works, 7V pfd.
Roofing Co; (quar.i
Tip.To)) Tailors, Ltd. 1 irrcg.V__
Trebsweet
12-15
12-10
12-
,
Tile
Tran.sue
11-19
Ltd.—
preferred
convertible
American
Line
$1
(year-end).1
American Automobile Insurance Co.
prior
Coast
Atlantic
Co.
30c
preferred
Corp.—
preferred
11-21
25c
...u-—
(quar.)
Bevei-age
11-21
12-21
75c
w____
American
12-21
$1.44
12-
(quar.)
Co.
20c
Line
Atlantic
Ltd.—*
Inc.
$1.68
1.
12-
common..
(quar.)
4%
Coast
450c
Canada,
(quar.)
Industries,
Arch
93c
participating preferred
Mining Co. -(quar.)
Haute
1
11-15
40c
(quar.i
Oil,
12-
11-26
$1.50
Dredging Corp., $1.60 pfd. (quar.)
Fuller
11-15
$1.50
7._^_...!.
A.)
1
2c
1
Insurance
12-
35c
.
Accident
11-15
25c
—
Simpn. (Wm.)
Brewery (quar.).
Singer Manufacturing Co. (quar. )___.__A
Extra -!
■„._.!
!
Staley (A. E.). Mfg. Co., common (quar.)
Quarterly
-
1
11-26
(quar.25c
(quar.).^
(quarJ
12-
10c
!__
Extra
$^.75 preferred
5
20c
!
America, class*A
of
American
American
$1
t
11-15
12-15
$1.50
Optical Co.
12-14
1
20c
Lead Co,- (increased)__.._
Water, 6V? pfd. (quar.)!_.!__
Sheaffer (W. A.) Pen Co.
(quar.)
Extra
12-
...25c
Joseph
of
12-15
2c
...
Joseph
-
Co.
Airlines,' 3Vi%
American
1-1
96c
&
5 %
i
American
4%%
11-10
90c
-
!
(quar.)
Atlanta
12-15
—
Aluminium, Ltd.
12-17
11-30
30c
(year-end)
common-
(quar.)
preferred
each
J$l
(quar.)
&
2
!__
Co., 'Ltd.»(s-a) l!.
Royalty Corp.!
(D.
1-
(quar.)...
Oil
Badr
11-15
11-19
St.
Stuart
1
12-15
50c
1_;
12-24
v
.
^—_
2
450c
....
Co.,
Steel Co. (quar.)
Portland Cement- (irreg.)
Alumthiim
11-15
35c
...
(initial).!
(irrcg.) __!.
Corp.
preferred
Stahdarri
1
12c
of
Corp.,
11-12
Corp. (irreg.)
Avon Allied Products
(quar.)
Avondale Mills
(monthly)
Baldwin Company, 6% preferred
(quar.)
Balfour
Building
(quar.)
;
(s-a)
1;
Engineering
11-12
11-12
1
Corp....,
West Point RR...
11-
7]/2C
1
1
12-
$2.50
pfd.
(quar.)..
preferred
Atlantic
12-
held).
St.
Stix
1
Indiana
Manufacturing Co.
Rowe .Corp:
(quar.).___!„__
.!___"_
Royal Crown Bottling (Lousville, Ky.) —
Standard
12-
Co.
$1
1212-
$1.75
$2
Class
a
Ltd.,
12410
40c
Products
10-27
3
1-1-49
Extra
10-27
1-
/
l24io
—$1.50
\
(accum.)
11-15
12-15
(quar.)
(quar.)
Atchlsa^, Topeka & Santa
Athey
Payable of Red.
425c
11-15
12-20,
1-1-49
460c
Telephone & Telegraph—
preferred • (accum.)'__.
11-18
t$1.25
1
415c
preferred
11.-15
25c
11- 1
Il4l5
1
•
1.
preferred
50c
Common
pfd. (quar.)
Co., Ltd.—
preferred
Rio. Grande
Shuron
2
2nd
20c
common-(quar.)..
(s-a)__
Cast
Alumimhn
11-19
1-
$1.10
of
4%
Alpha
share
1
Corp.,
Works,
Stores
Common
12-
J.)
Stoker
Corp.
11-19
(quar.)
dividend)
,
Risdon
Shoe
1
12-
11-19
new-com,—
Co.
(Texas)
Tobaco-o Cc.—
preferred (quat.).:
Common
11-19
1
465c
__!_!_
Reppblic-Insurauee
(R,
11-20
37MiC
$2
Grain
2
12-1
12-
r
Inc....
(Geo.)
Extra
11-19
11-19'
12-15
140c
share
for
Putnam
Sabine
1
11-26
$2
J25c
'
Indiana,
(3/100
Water Co;
&
„
-
Puritan
RoyplUe
12-
7
$5
(quar.)
(quar.t
Co,
dividend
Raypnicr,
5V
12-13
$1
$1.25
,
Allied
12-10
12-15
Corp.
&
Standard
Alloy
When
•
(irreg.)
Atlas Powder
Share
12- 1
3%
Ltd.—
7%
week, these being given in the
5%
preferred
(quar.)
Agnew Surpass Shoe Stores, Ltd. (increased)
Aircraft
Radio
Corp.....
___#
Alabama Power Co., 4.20%
pfd. (quaf.)
Allied
Kid
Co.
(quar.).
a._._
Allied Laboratories, Inc. (quar.)
1
,
15c
pfd. (s-a)t$2
Colorado—
-
of
preferred
Service
3.60V
11-18
$1
!
Co.,
Bros.
Public. Service
4.50rrt
11-10
50c
...
(quar.).:
—+
Inc.
Riley
1
12-13
25c
preference
Prentice-Hall,
4'fc
12-
50c
class
class
Reynolds
11-15
12-15
/.
(quar.)!.„!_.•
Reliance
11-29
20c
*
B——
Gas
11-24
12-15
.
Co.,
1-10
12-
11-15
(quar.)
6%
11-22
440c
12-15
25C
-
Associated
11-22
!__•
Ltd
ii- g
i24 l
25c
Hardware Co.,
10%
preferred
4%
12-20,
40c
(s-a)!
Extra
*
3
30c
Toor
4.40V-
1-
12-20
12-15
$1.75
Plastics -Miterjals
Stock
12-3L
1
10c
„_1
this
(cash
Electric
Wire
10-15
11-30
50c
.
Public
,
12-
425c
....
-
*
'
11-15
—
Extra
12-27
1
15c
Inc.
Glove
Aetha
11-15
56!/4C
<
_
Powell
1
i2-
...
$1.50
1-15
12-
50c
(quar.i__!—
Canada,
1
1
Atlantic
5%
12-21
12-
Vending
Acme
12-27
55c
Philadelphia Bourse ..u.
—i
Pittsburgh Coke & Chemical, $5 pfd. (quar,)
Pittsburgh & Lake Erie RR. "(irrcg.)!__!!!.'"
Pittsburgh TermiaarReahration Corp.—
Lkiuidating
';
Placer. Development,, Ltd.? (interim)
&
3
1-
12-15
(quar.)
Y.)
of
1212-
dividend
Acme
20c
!!___.
.!
;
.
7
1-15
$1
(quar.).—
Phelps Dodge Corp.
F.,
11-29
15c
«
(quar.).
__!_
....
Company
T.
Acme
11-29
(quar.)
—
State Water, $7 pfd.
Corp. (year-end)
Pennsylvania Engineering Corp.
Extra
12-
12-10
5f.c
Pennroad
Extra
2
12-10
.,15c
!___:
50c
Mortgage Corp. (quar.).
Sugar Refineries, Ltd.—
5 7c
preferred (quar.)
Class A partic preferential
(quar.).!
11-26
Fisheries.—..—50c
(quar.)/
12-13
we
Abstract1 Title
11-30
$1
Pennsylvania
■■
1-
12-10
50c
Participating convertible preferred (quar.)
Parker
11-15
1
62VzC
;
of Company
c:
Stock
1
50c
......
American
B.
A.
11-19
1
12-10
A
Pacific
Permutb
12-
12-
$1
common.—!
(quar.)._!_____
Ontario Beauty Supply Co., Ltd.—
Extra
12-15
50c
Okonite-Co.
preferred
1
1-
Xyear-end)a
common
announced
Name
A.
11-30
12-10
15C
(quar.)—
Industrie'),
11-30
12-
Per
8
12-10
,_—_!
A
12-10
25c
preceding table.
$1
prefeired
20c
11415
124
93%o
dividend)
(quar.)_.
B
1
12-15
1
(J. H.)
11-
•
12-13
Co
A
7%
12413
40c
Associated Dry Goods, common
6%
1st preferred
(quar,).!
11-22
12-29 '
$1
(cash
Class
11-10
11-1
50c
(quar.)
&
Class
11- 5
11-20
6
11-30
$3.50
-
Inc., $2.2j
11-15
12- 6
30c
12-
5c
(quar.)
___r
15c
$1.50
T_
I
,
11-30
15c
dividend
Ashdown
11-25
dends
10c
(quar.)
Northeastern Water Co., $4 preferred
Oak Manufacturing Co.
jquur.)
OlriQ Associated Telephone, $2.20 pfd.
12-15
6
450c
preferred(quar.)
Refractories
4$1
preferred
Carpet Co.
11-25
10-28
11-30
(quar.)
Hoffman
12-17
10-29
1
20c
Corp...w—a
ArtlOom
11-20
3
11-15
11-
._
Ohrbach's.
Below
11-30
(quar.)
Extra
American
1
1-
12-
11-15
,
co«jv?rtfble
12-
12-15
450c
Steel
Stock
12-
$l,12Va
(quar.)
Arnold,
11-18
11-15
12-10
'
common
12- 1
11-12
11-12
12-1
20c
preferred
$3.75
11-22
62VaC
(quar.)
(quar.i
$4
12-15
12413
15c
A
preferred
Armco
11-15
1
common
Arm6trohg Cork Co.,» common
11-22
12-10
12-
$1.06 V*
(s-a)__
Corp.
v!c
431
(quar.)
Brothers,
preferred
$1
$2
56V4C
common
Combing
Acadia
Car
1
1
$1.25
,
__
American
8
1-
12-10
1
12-20
80c
r
!__.i
Bridge
Corp,,
12-
12-
45c
•
Ltd.,
jitiS
12416
50c
Atlantic
Co.—
Lower Arch
3
12-15
$1.75
...
12-
30c
participating class
(accum.)_-—_
Cordage, 7% pfd. (s-a)
New. Jersey Power &
Light, 4% pfd. (quar.)
Newberry
(J. J.)
Co.....—1—
Niagara
8
12-
12-20
__—____
Mur
12-
6%
«
_—...—
_
12-24
Class
give the dividends announced in previous
weeks and not yet paid. The list does not
include divi¬
$2.50
__
—
(quar.)
Co.,
preferred
Wilson
2
(quar.)_
common
Bedford
4%'
5rh
Wool
12-
$2
Olin.
11-30
10-31
Co.—
,
Corp.,
Year-end
Nestle-Le
$2
3
25c
•,
..preferred
North
3
I-
25c
:
Discount
Extra
North
1-
12-16
8
2
_
Gummed
11-30
12-
Products, Inc. (quar.)
&
$4.25
11-10
12-
I—
Nesbett-Fund,. Inc.
New
Wilson
12-16
4---—
—I—
cominc 11
(quar.).
Year-end
5<Vc
Willson
11-15
4$1.50
—..
Special
7
11-15
11-27
495c
_
—
Hardware
5A preferred
Motcro.a,
Inc.
__
(quar.)..
(Consider H.), Inc.
1
•
12-31
Co.
U S Spring Sz Bumper Co., 4V!'/a. pfd. (quar.)
Van Raalte
Company, Inc. (year-end)
Virginia Dare, Ltd., 5% preferred (quar.)..
Virginian Railway
(quar.)...
Westeel Products,
Ltd. (quar.)
Extra
!__
;
1
—...
75c
50c
200%
(quar.)
4V4 %
convertible
preference
Arkansas Natural Gas..
3
(irreg.)
Cc., common..!
8%'non-cunu 1st preferred-
12-
4'25c
-
preferred
12-
$1.25
-
12-
(quar.)
dividend
Argus Corp.,
12- 3
(quar.),
49
When
Htmri
Payable of R*0.
share
(cash dividend)
Extra
Stock
10-30
12-23
12-23
Rubber
12-20
25c
'
,___
Ltd..,
11-15
$1.60
Potash
Willett
11-17
50c
common
Argo Oil Corp.
11-20
35c
Gypsum Co.,
S.
12-10
Name of Company
;
11-24
11-30
3c
;.
Per
Payable bf Ret,
12-10
(2049)
Homer*
$5
_J
Westerh Utilities, -67<r eonv.
pfd.
Weyerhaeuser Timber Co..
11-20
$1
(quar.i
Brewery,
National
9
60c
1
Monroe
Nashua
12-
Manufacturing—
(quar.
Utilities
-preferred
5%
11-24
1-
12-
50c
__
(increased)
preferred
5%
A
Ry.l
Louis
St.
Mining) <fe
Common
Moleon's
series
'
Minnesota
$4
81
12-10
50c
80c
____
preferred
conv,
Missouri
50c
*
3.20
S:
S
U
12-3
2
!
Co
When
75c
(quar.)..
Inc. (Del.)—
Shares,
B
Guarantee
7%
1
1-
Corp. /(quar.)
Insurance, Co.
Extra
Minneapoiis-Honeywell Regulator—
Common
S
CHRONICLE
50c
Special
U.
12-10
9772c
—
U
,,
11-20
12-JO
12-22
$1.08%
(quar.)
....
12-
15c
35c
$1.75
(quar.)—
common
Electric
Facific
Share
(quar.)
U S Electric Lt. & Pwr.
Series
1
817-iC
(irreg.1
>
1
12-23
Co.
United
1
$1.75
15c
—
___—
prefenod
(quar.)
12-15
/■
11-24 r'
lOo
_——.
Thermit
preferred
ir-15.
1-
Carbcn
United
•
12-10
a
!
common
participating
$2'
United
.
11-22
60c
_
Participating
Metal
(resumed)
-
J
(quar.i
Metal Textile Corp.,
$3.25
Insur.
(quar.i_._
Corp
12-
25c
_
Massachusetts Plate Glass
Master Electflc Co.
11-22
Per
)
of Company
12-10
12-10
25c
*.
4:«
Share*- Payable of Rcc.
1
*
Co.
Extra
Holdert-
FINANCIAL
1
11-
3
12-18
Burkart
(F.)
Mfg.
Co.^
Burlington Mills, common
25c
12- 1
11-12
25c
12-
1
11-12
3 Mi %
preferred
75c
12-
1
11-12
3Vi%
convertible
6 Vic
12-
1
11-12
4%
Extra
:.l
preferred
(quar.)___———
50c
(quar.)
2nd preferred
(quar.)_!
(quar.)__
87 Vic
87Vic
12-
1
11- 1
12- 1
12- 1
42- 1
11- l
11- 1
11- 1
Name of Company
of Company
Name
Payable of Rec.
Inc., common...
15c
Dixie Corp. (quar.)
Year-end'——
Burton
11-
1
Colonial Stores.
12-10
11-
1
30c
12-
preferred (quar.)-—
5% preferred (quar.)
Colorado Central Power Co. (quar.)
Colorado Fuel & Iron Corp.—
1
4%
11-19
11-19
55c
12-
1
$1.12 V2
t-«—
pfd. (quar.)—-—
Butterfly Hosiery, Ltd. (s-a)
Brothers, 4%%
Butler
12-10
15c
Machine (quar.)
Burroughs Adding
12-
1
3
11-
Company
(A. M.)
-
(quar.)
Jackson Co.
12-15
11-15
12-23
12-
6
6
Colorado
Milling
12-
11-15
10-30
Columbia
Extra
a.
30C
11-15
10-30
11-22
10-22
12-15
11-19
1
11-12
quarterly
Commonwealth International
62 %c
11-15
10-30
Concord
25c
11-15
10-30
7%
11-15
10-30
Confederation Life Association
11-15
10-30
Coniaurum
12-20
11-19
Connecticut
Power
Co.
1
11-10
Connecticut
River
Power,
Columbia
preferred (s-a)
California Cotton Mills (quar.)
California Electric Power (quar.)
California Packing Corp., common
5%%
——-
:•
(quar.)_.
Service Co.— #
4.4%
preferred C (quar.)
—;
Canada Cement Co., Ltd., $1.30 pfd. (quar.
Canada & Dominion Sugar, Ltd.——.—,—
Canada Dry Ginger Ale, common
$4.25 preferred
(quar.)
Canada Flooring, Ltd.. class B (initial) —
■Canada Foundries & Forgings, Ltd.—
Class
(quar.)
A
27 %C
+32 %C
Canada Safeway,
Vinegars,
Canada
Canadian
tl5c
I-3-49
12-17
137%C
12-15
11-26
Consolidated Laundries
$$1.50
12-17
11-26
Consolidated
Liquidating Corp.
*50e
12-15
11-15
Consolidated
Natural
12-15
11-15
Consolidated
1
11-15
Consolidated Press,
J50e
*20c
(quar.)
4%%
preferred
Canadian
Foreign
Quarterly
(quar.)
12-
8
1
11-15
Continental Gin Co., 4%%
1-
1
11-30
Cook
1-
1
11-30
1-
f75c
1-
J20c
1-1-49
t50c
12-
$$1.25
1
11-20
10-29
Crompton & Knowles
12-
1
3
30c
11-15
10-28
50c
12-10
1
11-15
Crown
Zellerbach
12- 1
1
1
12-
11-15
11-15
s0c
11-30
11-15
12-31
12-17
40c
11-15
11-
1
>
11-10
12- 1
85C
12-
90c
quar.)
11-15
3
11- 5
1
20c
* 11-15
(L.
Darling
—
Surety
insurance
&
Class B
25c
8
12-
8
11-15
11-15
10-29
17c
11-15
10-25
11-16
11-
1
Delaware
Deere
&
Chain Belt
7%
Del
15c
12-15
12-
1
12-15
12-
1
Dentists
$1.12%
Chapman Valve Mfg. Co.,
Candy
Chesapeake Corp. of Virginia.—
Chesapeake & Ohio By., common (quar.)—
3Va%: convertible preferred (quar.)
Chesterville Mines. Ltd.--.:
i.__:——
Chestnut Hill Railroad
(quar.)—!
—
Chicago Rock Island &
11-10
1
11-10
Diamond
1-2-49
12-15
Dixie
1
11-18
11-24
11-10
12-
5
3
12-
7
Dr.
2-
87 %c
11-
1-
75c
1
1-
7
1-13
$5c
4
11-20
12-
75c
12-31
12-10
1
11-19
1-14-49
4-15-49
3-
8
25c 7-15-49
6-
8
9-
8
10-14-49
12-
11-
12-14
Milling Machine, common.
(quar.)
_
City Investing Co. (quar.)—.
—
City of Paris Dry Goods Co., common (s-a).
7% 1st preferred (quar.)
7% 1st preferred (quar.)
,
Clearing Machine Corp,
(quar.)
Cleveland Electric Illuminating Co.—
35c
Common
7%
guaranteed (quar.)
___
special guaranteed (quar.)
Industries (monthlyh—
4%
—
Coca-Cola
Company,
Year-end
$3
class
Coca-Cola
Class A
A
(s~a)_,
Internat'l Corp.
(s-a)
Hardware,
Cocbrane-Dunlop
$1.20
Cockshutt
Plow
Co.
Common
(now. on
Common
(quar.)
—
:
12-
11-
3
Chemical
Stock
11-15
10-20
1-1-49
12-10
12-
1
11-10
12-
1
11-10
12-
1
11-16
I-3-49
12-16
12-10
11-24
12-15
12-
1
12-15
12-
1
1
12-15
12-
$15
12-15
12-
preferred
(quar.)
12-15
12-
1
12-15
12-
1
12-15
12-
1
1-10
12-31
II-15
10-30
$30c
11-15
10-30
Collins & Aikman Corp. (quar.)
Ford Motor Co.
11-19*
10-15
12-16
12-
Class
1-
3
12-13
12-
1
11-12
12-
1
11-12
12-
2
11-
Class
12-31
12-17
12-17
12-17
5
11-15
11-
1
4%
preferred
2
11-
8
Gabriel
Steel
12-10
Gair
Gair
11-15
Gamewell
12-
1
11-15
11-15
Gar
11-
1
General
1
12-
1
Dravo
preferred
12-
11-10
11-20
12-20
11-29
12-
preference
.1st
B
East
Manufacturing
Picher
Leduc
1
11-15
(quar.)
General Foods Corp., common (quar.)
General Industries Co., common
(quar.)—
12-20
11-15
11-; 5
12-28
12-17
11-12
General
12- 1
12-11
12-
11-15
11-15
12-10
11-15
11-10*
11-19
11- 1
11- 1
11-19
10-15
11-10
12-10
10-18
1
$6 pfd. A
11-13
10-29
General
12-
1
11-15
11-19
11-
1
2-1-49
1-
7
2-1-49
1-
7
1
6%
12-15
11-18
2-1-49
112-
1
11-15
11-15
11-30
11-30
11-30
11-15
12-15
10-18
11-19
11-26
11-15
10-29
12- 3
$1
t2c
12-15
12- 1
12- 3
11- 8
5c
12-11
11-19
11-15
1
11-24
11-
3
12-
11-15
Sugar-Associates. $5 pfd.
Utilities
(accum.),
Globe
Preferred
11-
8
Graflex,
11-15
11-
8
5%
11-15
11-
5
Grafton
1-1-49
12-22
12-10
11-19
Granby
Power
Grand
Union
11-10
11-10
Gralon
&
Grayson
12-10
12- 1
11-8
1-2-49
1-2-49
12- 3
12- 1
11-15
11-19
10-22
2
11-24
11-13
12-.4
12- 1
25c
12- 1
11-19
Elastic
common
(monthly) __
21c
—21c
!
15c
Stop Nut Corp.—,;
Electric .Auto-Lite Co
——————
'J 12-15.
12^15
„
.
75c
r
12-22
12- 6
—
Smelting
t50c
(quar.)
preferred
Great
Northern Ry.
Non-cum.
West
&
V
$5
$5
Co.
preferred
Ltd.
preferred
preferred
11-15
10-29
$2
12-10
11-10
$60c
30c
(increased).:
Felt
&
11- 5
11-18
11- 1
25c
(quar.)
11-15
12-15
11-15
11-15
12- 7
11- 1
11-24
Co.—
Co.,
& Die
Corp.
______________
Mobile
11- 8
90c
—
Dock
(interim)
(quar.)
Griesedieck Western Brewery
Gulf
11-26
5%
56%c
(s-a)_——
(quar.)_
Dredge
Greenfield Tap
11-15
11- 1
11- 1
25c
—
12- 1
11-15
11-15
Co.—
Lakes
Great
11-19
11-19
11-25
10c
12%c
Robinson, Inc.—
(stock dividend)——
preferred
$2.25
11-15
11-15
&
(quar.)
common
Company
Knight
prior
Extra
f
12- 1
(quar.)
Great
12- 3
5-
11-5
12-15
12- 1
12- 1
12-15
Common
11-15
Co.,
Co.,
10-30
11- 5
12-14
Stores
$1.80
(quar.)_.
Ltd., class A
preferred
12-18
11- 1
12- 1
50c
30c
$2.50
125c
!
Consolidated
Mining,
Co., Ltd., common
11-20
11-20
11- 5
11-26
12- 1
12- 1
11- 5
(increased),
common
Co.,
11-15
12-15
„—
Inc.,
12-31
11-15
12-15
35c
;
________
$1
$1
11-24
11- 1
11-15
11-15
(extra)
Co.
preferred
5%
11-15
12- 1
12- 1
12-15
12-15
$2.50
35c
(quar.)
com.
Co.- (quar.)_____^
W.)
Hosiery
&
12-13
11- 1
$2.50
Inc.,
Extra
11-15
(H.
11-15
37%c
$1
$1
$1.25
—
4%
Gotham
11-19
12-31
15c
common--
12-11
$1
(quar.)___
Gossard
11-15
Steel
Co.,
Goodall-Sanford,
3
50c
12-31
Rubber
pfd.
4%
Ltd.,
Co..
3
$25c
%c
State
1-
(quar.),,
87
20c
Extra
Golden
11-19
1
Eddy Paper Co., Ltd., class A (quar.)
Monthly
(quar.)____
1-
1-15
1-15
12-
Eastern
Edgewater
*
—
Co.
1
1
10-26
Ltd
Co.
Brewing
12-
1
11-15
Oil
12-15
2-
6-1-49
—
preferred (quar.)
Goodyear Tire & Rubber, common (quar.)
$5 convertible preferred (quar.)
Gorham Manufacturing Co.
(year-end)
11-
20c
—
—
—
3
1
50c
Company,
1-
1
$15c
$1.25
Ltd
Steel Products,
Eastern
Associates
A.)
(S.
1-15
$1.75
Eastern
(quar.)_———_
preferred (s-a)_
(quar.)
;
& Rubber Co.
Tire
Extra
10-15
12-
11-19
1-2-49
11-15
25c
25c
Gerity-Michigan
Corp.
>
10c
Gilbert & Bennett Mxg._
/''
$1
Girdler
(The) Corp. (quar.)25c
3
1-3-49
3-1-49
12-
preferred
—
11-15
12-
45c
(accum.)
(quar.)_
——
3%% pfd. (quar.)—
Advertising, common
Inc.,
1
11-15
1
$l%c
$1.50
(accum.),—:
10c
—
preferred
11-25
12-10
1
12-
12-8
1-5
11-12
11-20
11- 1
11-10
11-10
11-23
12-17
10-25
11- 5
$1.25
$4
:
common,—
(quar.)___
—$1.50
General Paint Corp.
(quar.)____—
37%c
General
Precision Equipment——
25c
General Public Utilities (quar.)
—
%
20c
General Steel Castings $6 pfd.
(accum.)_—
$2.25
$6
preferred
(accum.)
—
$3
General Steel Wares, Ltd., common (quar.)
$20c
Extra
t20c
11-15
12-29
2-1
12-1
12- 1
11-15
11-25
11-25
12-11
1- 3
11-15
11-15
84%c
25c
75c
(quar.)
Co.,
Extra
3
..
(s-a)
Flreproofing
preferred
$30c
_
(quar.)—
Ltd.
Eastern States Corp.,
preferred A
preferred A
f
■*
5%
7%
12- 1
12- 1
11-15
11-15
11- 1
11-19
11-9
12- 1
11-15
12- 1
11-15
12- 1-11-16
12- 1
11-16
11-15
10-30
11-15
10-30
12- 1
11-15
42-20
12- 3
11-15
11- 5
12-20
12-10
11-15
11- 1
75c$1.06%
$1.75
20c
5c
$1
25c
$2.50
$1.75
50c
12%c
A
General
$62%c
(quar.)—
(irreg.)
(year-end)
Co.
Co.
Company
Oil
series
preferred
Grand
(irreg.)
Manufacturing
Dwight
Eagle
class A
(accum.)__
(quar.)
12-23
Ltd.—
pfd.
4.80%
Hosiery Mills,
pfd.
4%%
-30c
25c
25c
$1.12%
11-24
Transportation—
American
12-23
30c
50c
(s-a)——.
Dupuis Freres, Ltd.,
Durham
Industries.
Wood
$$1
;
(quar.)"*
10-25
1-
—
(quar.),6% pfd.
(quar.)
pfd.
Company,
Company,
11-15
12-
(quar.)
& Rubber Goods,
Dunlop Tire
4%
Ltd.,
1-
1
$1
25c
5c
11-15
30c
(quar.)
Bradstreet
&
'
——
(quar.)___^
General Cigar Co., 7% pfd." (quar.)
General Dry Batteries,
Inc.-.
General Finance Corp.
(quar.)
._.
4%
convertible preferred C (s-a),
12-
common,"
Corporation,
4%
Dun
(quar.)
Co
(Robert)
$4.25
11-10
12-
Co.,
Common
12-
8IV4C
15c
10c
25c
—
11- 5
Garrett Corp.
11-26
2%%
—
11-15
Extra
12-10
1-1-49
$1
(quar.)
11- 5
11-5
11- 5
11- 5
—25c
12%c
Fownes Bros. & Co. (quar.),,,
15c
Frankliil Simon Co.. 4%% conv. pfd. (quar.)
56%c
Freeport Sulphur Co. (increased)
75c
Fruehauf Trailer Co., common (year-end)—
50c
8
1-2-49
25c
1
(quar.),,,,_i__
(quar.)
Drackett Company, common
4% preferred A (quar.),
11-26
11-26
11-26
11-26
$25c
$25c
11-12
(quar.),
preferred
2nd
11-20
25c
__u
-
1
-
Drug Co.
12- 1
12-15
12-1
Extra
1-3-49
$$1.12%
$25c
$5
15c
i
12- 1
12-29
Foreign Light & Power (annual),
Fort Pitt Bridge Works (quar.)____
Foster & Kleiser Co.
(quar.)
Goodall
(cash div.),
common
12-15
$1
(quar.)
Co.
(quar.),,,
of Canada, Ltd.—
B
3
$25c
$25c
(quar.)
10c
5%
62%c
(quar.),,
pfd.
(quar.),
A
Extra
3
-20c
:
——..._.
11-12*
Mineral
Goebel
L_:
12- 1
11- 1
11- 1
11-10
preferred
Foote
11-15
$62%c
$37%c
dividend
1
$3
Co.,
preferred A
$3.25
(cash
12-24
1-1-49
11-24
12-15
11-15
11-15
12- 1
dividend
Stock
12-15
Inc.—
dividend)
Stores,
12-
$25c
$$1.25
Ltd.
Bros.,
(quar.)
& Light 4%%
Power
Fair
Common
Gerrard
—
$4
Celgate-Palmolive-Peet .Co., common" (quar.
$3.50
(quar.)
Dow
$25c
quarterly basis)-
Food
11-15
11-
12-10
$1
$1
$1.22%
$1.12%
preferred
Florida
1
$$1.25
$30c
—
11-15
1-
f 20c
(s-a)
a
(quar.)
preferred
$7
...
5
12-
15c
20c
Co
1
11-15
Ltd.—
A
(quar.)
preferred (quar.)
.
11-
12-15
10c
Donohue
12 %c
,t
4.90%
,15c
10-15
I2V2C
(quar.)—...
(?-a
11-22
12-16
Power
—
Inc.
11-10
62 % c
common
Special
5% preferred
10-30'
Florida
(quar.)
(quar.)
common
$1.75
...
II-15
12-
11-15
11-20
50c
A,
—
(quar.)__,___
(quar.),,,
Corp., 4% pfd.
Outdoor
-
preferred
Eaton
Cochran Foil Co.,
Class
(year-end).
10-30
11-15
11-15
-
$4 preferred
,
12-
1—
Class
com.
11-15
11-29
12- 1
12- 1
12- 1
12-10
$25c
$25c
Extra
11-16
1-2-49
11-15*
25c
25c
25c
50c
—
(quar.)_^,____,
Company, common
12-
—
(quar.)
Co.
11-10
$1.50
:
8
11-30
11-15*
12- 1
Connell Dredge & Dock Co.
Simmons &
Mills,
1
$1
___
Flintkote
5%
2-10
.___
Fitz
12-14
General
2-15-49
—
.
12-14
12-28
11-15*
12- 1
Extra
5
1
$1
common.;
—
12-28
Fishman
1
12-
20c
(quar.)
Co.
11-15
12- 1
12- 1
12- 1
5c
11-
Dow
___
Chemical
1
1-1-49
12- 1
$1.25
(quar.)
(M. H.) Co. (quar.),
11-15
(quar.),
Donnacona Paper, Ltd.—
4%% convertible preferred
40c
Monthly
Clorox
11-12
12-10
12-10
$1
40c
preferred (s-a)
common
(quar.)
preferred
50c
37%c
25c
62 %c
(quar.)
11-10
20c
11-29
$1
$1
—
(s-a)
Co.,
Carpet
(quar.)
Extra
5%
6
12-24
8 71/20
11-12
12-
3
40c
Firth
11-12
11-29
11-
11-15
15c
12-15
11-29
12-20
12-22
11-15
11-15
12- 1
—
$2
12-15
$1.75
$3.50
1-2-49
common
Corp.,
(s-a),
J.)
pfd.
of Ogden (Utah)
(s-a),_,—
common
11-20
11-15
•'
B
York
4%%
Rubber,
35c
40c
(quar.).,
Douglas Aircraft (increased)
Dover Industries, Ltd.
(quar.)
$1
59c
Clinton
*
(quar.)
(initial)
(quar.)
Pepper
$1
55C
$4.50 preferred (quar.)
.
Cleveland & Pittsburgh RR.—
A
Common
9
$1,121/2
(quar.)
—
(quar.)
12-
35c
"
Co.,
A
Class
First
1
11-30
12- 1
12- 3
12- 3
12- 1
10-15
10-15
11-15
12-15
12-20
35c
$20c
$1.25
25c
$1.12%
(s-a)_,
N.
(Newark,
Co.
Ins.
Tire &
Class
12-15
35c
15c
$1
35c
40c
$1.75
—
(quar.),—
Dominion-Scottish Investments, Ltd.—
5% preferred (accum.)
——
Dominion Stores, Ltd.
(auar.)——
Dominion Tar & Chemical Co., Ltd.—
11-15
preferred
11-26*
12-
11-17
11-30
12-10
10%
a
Security Corp
3
6
12-10
12- 1
12-10
15c
25c
Ltd
of Philadelphia
12-
preferred
Houses,
5%
8
11-26
4%
11-26*
12-15
12-
12-10
12-31
dividend)
Canada,
of
60c
Yard Co.
(Kansas)
Co.
Common
12-
25c
$1
Cincinnati
Inc. (quar.)
(quar.)____
Manufacturing Corp. (quar.)
& Anglo Investment Corp., Ltd.—
5%
preferred (quar.),
—
Dominion Bridge,
Ltd. (quar.)
Dominion Malting Co., Ltd.
75c
(quar.)
First
Dominion
12-30
Co
Chrysler Corp. (quar.)
Cincinnati Gas & Electric
Company
-
Dodge
-
11-10
Copper
Firestone
12-15
$1.75
Co.
Extra
11-20
Chile
Firemen's
5
11-10
Stock
Match
Class
Dobbs
12 %c
Chiksan
5
11-
11-
12-31
31'Ac
40c
—
dividend
Products
Association
11-
•11-19
1
12-16
3-16
11-22
:
(stock
Corp
10c
Properties
Cup
11-15
50c
25c
Fire
12-
1-2-49
4-1-49
12-10
(quar.)
Works
Screw
Enamel
Fibre
12-10
12-
11-8
11-12
11-29
15c
:
-
Cash
12-10
1-3-49
12-
(quar.)
Products,
non-cum.
12-
25c
—-
b
1-3-49
1-
11- 4
11-30
12-15
$2.50
$2.50
18%e
;
40c
——
(quar.),,,
Mfg. Co., class A (year-end)—,Supply (N. Y.) 7% pfd, (quar.)
Oil
5%
25c
(quar.)
Common
Ferro
Detroit-Michigan Stove—
15c
<
Federal
10-29
25c
11-10
—
(quar;)_—
11-15
—
(quar.),——
11-24
$1.25
preferred (auar.
Yellow Cab Co.—
Cotton Oil, common
Common
(quar.)—_
Common
(quar.)
1
11-30
11-
Derby
$3.50
5%
Chickasha
12-
1
11-20
Co.
Insurance
Life
(quar.)
Extra
(s-a)
Derby Gas & Electric Corp.
Pacific RR.
Chicago
11-15
12-
12-17
11-24
$1,121/2
7% pfd. (s-a)—.
(quar.)
Co.
12-15
1
$17%c
11-22
15c
Chase
1
;
Hudson
&
Union
50c
Champion Paper & Fiber, common—
$4.50 preferred (quar.)——-——
1-
12-
$37%c
8
12-
_.
.
11-20
11-20
75c
(quar.)
Corp.,;.
Corp.
Enterprises, Inc.—
$1.25 conv. preferred "(quar.)
Federal-Mogul Corp.
(quar,)^
Ltd., class A (quar,)—
1-1-49
25c
____
:
———
Floor
Monte
15c
_—
40c
$1
———
(irreg.)
Door
common
preferred
Dennison
40c
Co
Co.,
Year-end
10-29
Denver
Certain-Tfed Products— •
4%% prior preferred
(quar.)
Cessna Aircraft Co. (irreg.) _
common
—:
Delaware
$1.50
Service (resumed).
Central Violeta Sugar Co., S. A. (irreg.) _,.
Less Cuban Tax of 8 7/10c,
Century Ribbon Mills (quar.)———.
12-
12-18
50c
Public
Vermont
Central
12-18
50c
(quar.)
10c
Company,
A.)
Davis Leather Co.,
35c
Central
Metallic
Dahlstrom
11-
11-30
40C
..
$50c
preferred (quar.)———
(quar.).—,
Coal Co., Ltd.
8% preferred
1
11-20
50c
Extra
—
—
—
Co., Inc. (increased
Central Steel & Wire
Common
(quar.)
—
,
•
-
,—
(quar.)
Corp.,
Nest'Pass
Crow's
12- 1
50c
Ltd,
$1.05
$$1.50
Crum & Fcrster,
(quar.),—-4
$2
Cuban-American
Sugar,
common
(irreg.)—
50c
Cuban Atlantic Sugar, 5%
pfd. (quar.)
$1.25
Culver
Corp.
(s-a)
10c
Cuneo Press, Inc., 3%% preferred (quar.)—
87%c
Curtis Mfg. Co. (Mo.), (irreg.)
* $1.50
Curtis Publishing Co., $4 prior pfd.
(quar.)
75c
$7
preferred
(accum.),—
———
$12.25
Curtiss-Wright Corp.
(Irreg.)
$1
Cushman's Sons, Inc., 7%
pfd. (quar.)
$1.75
11-10
12-
25C
25c
(irreg.)
Co.
preferred
$4.20
11-10
$1.25
——
Central Soya
&
$4 convertible 2nd
17 %C
$1.50
(quarj
Drug
12-
11-15
11-30
11-10
11- 4 •
Federal
$2.50
Inc., common
Co.,
Seal,
Crown
11-30
75c
27 %C
(quar.)
Cork
Crown
12-
$1
(quar.)
preferred
$2
1
11-15
12-
$1.12 %
,
South West Corp.
Cork & Seal
Crown
12-10
1-
28V8C
Loom Works
(quar.)
preferred
6%
137 %c
(quar.)——
preferred
(quar.)_.
11-15
10-15
130c
Ohio
&
—.—
———'
—
3
11-15
11-25
II-15
12-
137 %C
Louisiana Electric (quar.)—
Central N. Y. Power Corp,—
3.60%
——
1-
1
12-15
t20c
Central
Central
(quar.)
class A
—
Cosmos Imperial Mills,
Ltd. (quar,)—
Coty International Corp. (Irreg.)
Courtaulds, Ltd., ordinary (interim)——
Crane Company, 3%%
preferred (quar.)—
Cribben & Sexton, 4%% conv, pfd. (quar.)_
»5c
l$1.25
Co., common.
preferred (quar.)——.
Light & Power—
Inc.
Coro,
5
11-
6
75c
$15c
- 50c
75c
25c
1
25c
8c
$35c
10c
2%%
93%c
—
Corporate Investors,
(quar.) ——_______——
Illinois Public Service—
3.40%
12-
Co
Copper Range
5
11-
(quar.)—,
Ltd., 60c class A (quar.)——
Cooper-Bessemer Corp., common
$3 prior preferred
(quar.)
12-15
6
$1.13
25c
$1
——.
10-29
12-
93%c
——
(quar.)——
11-15
11- 3
12-13
12- 1
11-20
$9.51
37 %c
25c
.
Company (quar.)
Federal Bake Shops, Inc.
(quar.)
10-15
12- 1
11-15
12- 1
45c
50c
25c
$1
Quarterly
Farquhar (A. B.)
11-15
11-
,
-
Traders
&
(Syracuse)
11-12
50c
■
preferred (quar.)
common
—
prior preferred
$3
2
12-
3.
12-
J50c
preferred
Central
Varnish,
&
Cooksville Co.,
_—
j—
Paint
Extra:
11-30
1
$$1.12 Va
—
(quar.)
(quar.)_-
preferred
12-
*25c
(quar.)———
—
Inc
—_—
Steel Co
————— ■
Carson, Pirle, Scott & Co., 4%% pfd. (quar.)
Caterpillar Tractor
(quar.)
Central Arizona Light & Power—
preferred
'
12-
$1.50 class A
4%
$3.75
11-15
12-10
25c
(quar.)——_
common
t25c
—
(increased!
Can Co.,
11-12
50c
$1
Extra
Metallurgical
11-20
12-31
12- 1
10-29
11-13
1-1-49
12- 1
10c
75c
$1.25
—
Farmers
$1
t25c
Carpenter
Common
Continental
Fansteel
1-30
$1.13
(quar.)
Brewing
12-31
(quar.)—
:
com.
__
preferred
Falstaff
12-15
—
,—
11-15
11-15
$1.12%
——
tl8%o
Capital Estates,
Central
Extra
4%
8
12-
International Investment Trust,
preferred (accum.)_
Co., Ltd. (quar.) —
Canadian Oil Cos., Ltd. (quar.)
—
Canadian Silk Products, $1.50 cl. A (quar.),.
Canadian Tire Corp., Ltd.———
Canadian Utilities, Ltd., 6% pfd. (quar.)_.
Canadian Wirebound Boxes, Ltd.—
8%
8
12-31
5%
$1.10 preferred
10-29
(quar,)
common
(quar.)
(quar.)
preferred
Container Corp. of America,
10-29
12-31
Investment Corp., Ltd,—
Central Foundry
11-22
11-22
1
Co.,
Power
preferred
$4.52
10-29
11-22
12-31
Canadian Motor Lamp
-
Consumers
f25c
——
—
.
(quar.)
11-30
t$1.75
——'—-—-*•——-—■
Common
1
12-
Canadian
Ltd.,
12-15
1-
*433Ac
common--.
——
B
1-3-49
Mills, Ltd., common——
preferred (8-a)
Consumers Glass,
Ltd. (quar.)___
5%
1
Extra
Liquidating..;
1
$16'4c
130c
$50c
$50c
50c
Consolidated Textile
J25c
Machine, Ltd., claas A (<juar.)
Canadian Industrial Alcohol, Ltd., class A.
Class
11-15
*20c
Canadian Ice
■
11-15
J 20c
Ltd., com. (year-end
preferred (quar.)
—
$1 preferred (quar.)
—.——.—•
Canadian-Fairbanks-Morse, Ltd. (quar.)_—
A
1
1
$4.50
$1.75
Class
12-
12-
*50c
—-
——•
Food Products, Ltd.,
4
Ltd., class A (quar,)„__
J 15c
Canadian Celanese,
Canadian
(quar.)
Co.
Paper
11-15
1
$1 1-25-49
12-15
5c
12-10
12-
11-15
10-30
10-30
Co.
&
Morse
12-
$1
25c
12- 1
11-19
11-15
(year-end)
Fajardo Sugar Co. of Porto Rico
Fairbanks
I-3-49
$20
(liquidating)
(s-a)
11-20
(The)
12-
40c
15c
25c
(quar.)
Corp.
Gas
Fair
12-15
$$1
(quar.)__
J20C
(initial)
(quar.)—
A
class
Convertible
Utilities
Gas
Y.)
(N.
Co.
Edison
Consolidated
<quar.)_
Securities,
(annual)(quar.)—
preferred
non-cum.
Consolidated
12-
t$1.12'/2
(quar.)——
Common
*
1-2-49
8
(quar.).
& Foundry Co., Ltd.—
Canadian Car
pfd.
6%
$1.06 %
Ltd., 4%% pfd. (quar.)—.
Ltd. (increased) ——;—.
Bakeries, Ltd.
Breweries, Ltd.
Canadian
(quar.)
12- 1
$1.25
$50c
50c
(s-a)
$3 convertible preferred
(quar.)
Erie & Pittsburgh RR., 5% pfd. A (quar.)—
Exeter & Hampton Electric
(year-end)
Faber Coe & Gregg, common (quar.)
12-10
43c*
5614c
$1.50
$1
Equity Corp., 20c preferred
10-30
$$1.50
.
12-
$2.50
11-15
11-19
(quar.)—
preferred
8%
guaranteed (quar.)
Empire District Electric Co.—
5%
preferred (quar.),.
:
Empire Star Mines, Ltd
Employer's Reinsurance Corp. (quar.)
Emsco Derrick & Equipment—
4%
convertible preferred
(quar.)
12- 6
10-15
(Toronto)—
—_
Ltd
Consolidated Diversified Standard
Ltd.,
11-15
Co.,
4%
—
(accum.)
Mines,
12-20
15c
$1
(New*Hampshire)
!
Co.
Gas
preferred
8
.—
11-15
25c
12- 6
1- 3
Empire & Bay State Telegraph Co.—
11-19
10-5
10- 5
11- 1
Ltd
Corp.,
12-
(annual)—
Malting Co. (quar.)-
11-15
-—
1-2-49
15c
B
Canada
12-
*20c
11-15
$1.06%
(quar.)
pfd.
$4.25
Corp.,
Pictures
Increased
Quarterly,
California Water
Class
12-
15C
12- 3
15c
-
25c
50c
Co
Drug
Hbldert
Payable of Rec.
Share
of Company
Boat
Emerson
Commercial Shearing & Stamping Co.—
(quar.)
preferred
5%
15C
50c
(quar.)
Inc.
System,
Electric
11- 8
11-15
11-19
1
-
Gas
2%%
t-~
(Holding), Ltd.—
Wireless
&
12- 1
12- 1
12- 3
15c
B
Class
12-23
,50c
62 %c
Byron
Cable
25c
37 %c
50c
&
Columbia Broadcasting System,
25c
—
_——
11-15
X 15c
25c
Byers
12-15
45c
—
preferred (quar.)
—
Elevator (quar.)
Inc., class A
convertible
5%
t35c
*
When
Per
Name
Payable of Rec.
12- 1
11-20
12- 1
11-20
12- 1
11-20
12- 1
11-15
Share
50c
50c
62%c
.
Holdert
When
Per
Holderi
When
Per
Share
-Monday, November 15, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2050)
50
1
(quar.)
12-20 "11-15
12-20
11-15
75c
,
$1
________
Ohio, $5 preferred
$1.25
12-28
$1.25 3-30-49
$1.25 6-30-49
•
.
—
.
.
.
..
12-10
3-10
6-10
Volume 168
"
Number
4751
THE
Per
Name of
Company
When
Share
Holder*
Payable of Rec.
1
1——I
.
Automobile
-11
~
Name of Company
Administered
11-26
11-12
.15
11-26
11-12
.09
11-26
11-12
T
Bond
.075
.025
.10
11-26
.105
.015
.12
11-26
.14
11-26
Merchandising
Mining
.11
<~
.11
11-26
.10
11-26
.09
11-26
11-26
.14
11-26
11-12
.09
Bond
1
.05
.03
.01
Steel
Tdbacco
!
.025
11-26
.10
11-26
11-26
Hajyca
Hale
Water
dividend
Brothers
(s-a)!
.'—1
(stock dividend)
Stores
H.)
&
Co.
___
___
50c
Extra
Hamilton
Cotton
Watch
4%
Co.,
fquar.)!
Co.,
class A
(quar.)!__„_
(M:
A.)
in
$4.25
pfd.
Refractories;
class
for
Glass
'Extra
12-15
Hewitt-Robins,
Co.,
preferred B
1-3-49
12-14
Lakey
11-15
Landis
11-15
1
11-15
Lane
1
11-15
Lane-Wells
$1.06'A
12-
1
11-15
12-
1
11-12
1-20
(Chas.
E.)
11-22
11-15*
Oil
$1
A.)
&
Stores
%
preferred
,
Hudson
Lindsay
Link-Belt Co.
10-25
12-15
11-29
$1
12-10
11-26
25c
11-26
12-31
.C;
11-15
1
11-19
.___
25c
12-15
11-10
11-24
11-26
11-
12-28
11-15
10-30
$1.50
common.
11-15
10-30
(quar.)
_T
37»/2c
(Tom!
—_
Huttig
Sash
Idaho"
Power
& Door
Illinois. .Zinc
Imperial
1
11-12
12-13
25c
11-29
12 VuB
:___
12-1
12iAc
____
12-
1
;.Il4
(quar.)__,
Co.,-5%
(quar.)
11-15
11-
—
11-20
_:
3%
12-
8
10-
12-
1
—;__
;
12-31
<
11-
1
$1.25
Steel
Co.. (year-end)
Institutional
fetock
&
Shares,
bond
Co.
International
Cash
group
20c
.
&
Cigar
Machinery—
Educational Publishing Go.—
|3.50
preferred
(accum.)—
International Harvester Co., common
(quar.)
'-Special
.___!
!_•
—
V/o
preferred
CJas?
4'/2(i
A
(quar.)
Metal
RR.
Sons,
Co.
20c
International
M.
M.
j_
j—L»t.
Efxtra
30c
Cp.
of
Canada, Ltd
Co.
(Phila.)
(s-a)__
Working Co.
—
5'%" prior
Intertype
Investment
6%
Iron
Utilities Corp.
Company
preferred
(Thei,
(quar.)_:
com.
:___
(interim)
(quar.):
Fireman
Jacksonville
preferred
(quar.)
Machine Co. (increased)
Johnson & Johnson (stock
dividend
Estate
Corp.—
&
Laughlin Steel,
common
5%-
preferred A
(quar.)
Battery Co. (quar.)
Kalamazoo Vegetable Parchment
3.80%
preferred
Maltine
1-
3
7
Marathon
5%
Marconi
25c
12-20
12-
Extra
Power Shovel
11-12
Mar-Tex
1
II-12
25c
12-
30c
12-31
30c
1
1-15-49
12-15
12-
11-10
1
(increased)
;
preferred
10-25
11-24
$3.40 preferred
McColl-Frontenac
11-15
10-25
McCord
11-17
11-
Mclntyre
65c
5c
Co.
1-
5
12-
3
1-
1
12-
3
11-15
11-
6
4
15c
12-15
12-
$1
12-
1
11-12
95c
12-
1
11-12
(quar.)
dividend
(quar.).
(accum.)
1-31-49
25c
12-22
12-19
25c
12-15
12-
15c
12-10
11-30'
5c
12-10
11-30
l-*2
1
(series
1947)
(quar.)
11-15
11-10
12-10
12-10
10-11
41-15
11-1
37 %c
11-15
1-2-49
75c
1-2-49
&
Mines,
Robbins,
Ltd.
1-2-49
11-15
11-30.
(quar.)_!_
11-15
11-10
12- 6
11-30
11-15
11-30
11-15
11-
1-15-49
1
1- 3
12-
1
11-19
11-30
11-10
1-3-49
12-20
a2%%
12- 6
10-29
10%
11-15
$1.75
11-15
11- 5
11-29
11-15
12-
11-15
1
11-30
11-13
20c
$25c
$2%c
12-10
11-15
75c
12-1
11-15
933Ac
12-
1
11-15
12-
1
11-15
12-
12-15
11-
1
11-15
12-15
11-15
11-30
11-24
15014c
12-
1
11-1
1-3-49
11-
12-
1
1-15-49
1-
3
15c
12-15
12-
1
12-
1
11-9
12-
1
12-
1
$1.0614
50c
(quar.)
—
National Tank
National
Louis
11-
9
11- 9
37 %c
11-15
1-2-49
15c
11-15
11-
1
11-15
11-
1
11-
1
12-15
25c
12-15
11-22
$1.75
11-15
10-30
112-10
12-10
11-17
12-10
11-17
12-
3
11-15
3
6
12-15
12-15
11-15
12-15
11-30
62%c
12-15
37%c
12-
11-15
11-15
11-30♦
1
11-15
12-20
6©c
I- 2
12-20
50c
12-1
11-16
12-15
11-26
$1.50
Ry
12-28
12-16
12-12
11-28
12-
11-10
$1
1
50c
11-23
11- 9
12-1
11-15
Milling Co.
30c
11-15
10-30
25c
12-
1
11-10
40c
1-14-49
12- 7
40c
< common-
1-14-49
12-
11-30
Mil-
$1.75'
•'
__—
(quar.)
500
v
Tea
3.80%
10-28
12-31
^'52-15
30c
12-10
12-10
11-
12-10
:
common
11-
8
12-
11-
8
'
National
$1.07
$12%c
12-1
11-12
$15c
12-1
11-22
.
-91.50
$15c
new
12-15
$1.12%
1-3-49
12-15
1-3-49
12-15
12-22
—
12-
-47%c
16c
25c
Method
York
$4.50
11-15
11-17
11-
5
11-
5
12-
1
_
$1
12-15
12-15
(quar.)
$1.06JA
11-15
11-
20c
12-15
11-30
20c
12-15
11-30
(quar.)!.
preferred
$$1.25
—
12-
1
11-17
'
11-27
11-27
11-10
1
25c
11-15
11-
5
60c
11-15
11-
1
40c
11-10
10-28
$1
-
1-5
25c
(quar.)
Light (quar.)
Brake
stock
State
12-10
11-19
12-6
(voting)
Electric
12-10
11-19
30c
12-
1
10-20
—
Corp.
Co>;
50c
12-
1
11-15
(s-a)
75c
11-25
11-15
(s-a)
(s-a)
&
Gas
75c
11-25
11-15
93%c
1-1-49
12-10
$1.12%
1-2-49
14c
11-25
11-
Corp.—
(quar.)_
(quar.)
12-10
Stocks, Inc.—
Agricultural
Industry Series
Automobile
Bank
11- 4
12-10
11-26
(quar.)
Finance
Air
preferred
Aviation
4
11-15
-
$1
l
preferred
York
11-16
11-
$3.50
pfd.
Y. Shipbuilding Corp.—
Participating stock (non-votihg)
New
10-29
1
50c
New
3%%
50c
Zinc
New
York
12-15
11-15
(quar.)
Nelson (Herman) Corp
Neptune Meter Co., common
Founders
12-10
3
11-30
37%c
(initial)
(quar.)—
New
1-
50%
(quar.)
common
Neisner
N.
12- 3
11-22
1-3-49
53%c
4(4%
Jersey
Special
'
12-15
15c
50c
common
Neiman-Marcus Co.,
New Britain Gas
1*2-49
$1.75
(quar.)
7%
preferred (s-a)__"
Neilson (Wm.), Ltd., 5%
preferred
12- 9
11-18
1
25c
Fibre
-
12- •
12-15
12-
$1.12%
$1.25
—
(quar.)
Inc.
12-15
$2.50
(quar.)___
Company (s-a)
Naumkeag Steam Cotton (year-end)
Nazareth Cement Co., common
(year-end)
Bros.,
11-19
'
Natomas
Extra
1
12-10.
Canada,
(quar.)
Vulcanized
8
for
(stock dividend)
Co.,
11-15
—45c
(quar.)
preferred
9*
11-15
20c
^
preferred
Company,
Transit
7
12-20'1{ :12- 6
$2
$1.75
Machinery
Co,
•
12-10
25c
Corp. (quar.)
Fibres, Inc. (quar.)
Co.
11-15
-
62%c
&
(quar.)
preferred
National
1
12-15
30c
(quar.)
preferred
Standard
11-20
$1
11-15
12-20
12-
.___
2nd
National
4
$25c
11-30
20c
iquar.)
Rubber
$2.40
1
12c
Hosiery Mills, Ltd., class A (quar;)
Lead Co., 7% pfd. A
(quar.)
Linen Service, common
(quar.)
preferred
4(4%
1
11-
12-
«
1st preferred
Gypsum Co., $4.50 pfd.
New
11-15
50c
(quar.)__
5%
11-5
6214c
Special
Stores, common
preferred (quar.)
non-cum.
4%%
11-13
12-10
*11-20
40c
(quar.)
Co.,
National
11-13
12- 6
11-6.
60c
(3-a)i._
Inc.
50c
non-cum.
National
$$1.00%
(quar.)
(quar.);
Frank Co.,
3%
12-20
1-3-49
12-
11-30
Corp.
5%
National
11-6
11- 1
12-15
12-15
40c
(Two shares of
shares held)
Erie
National
12-20
11-26
'
11-15
1
$2
-
Dairy Products (quar.)
Drug & Chemical Co. of
National
1
$1
common
Dredging (quar.)
Corporation,
common..;
414%
preferred
(quar.)__
$2 second preferred
(quar.)
Meadville Telephone
Co., common
preferred
75c
■
Ltd., common (quar.)
Convertible preferred (quar.)_
-
12-20
11-
11-15
30c
'(cash dividend) (quar.)
100
National
10-11
%c
12-15
1
37y2c
(quar.)
preferred
National
i
11-10
11-15
414%
11-10
11-15
85c
Co., Ltd., common—
(increased)
McWilliams
7%
10%c
93%c
r__
!-
Mercantile
12-15
each
5
Co.—
(quar.)
Oil
Porcupine
preferred
Meier &
11- 5
1-3-49
50c
Insurance
(quar.)__._
Extra
5%
11-15
$3
12-
.12-1
Cylinder Gas Co.—
10-15
30c
12-10
$43c
(quar.)i
Common
11-
11-10
12-10
35c
Stock dividend
40c
Corporation
McKesson
$4
preferred
11-5
5c
—
Mead
10%
Company
(Julius) & Company (quar.)
pfd.
Matachewan
11-15
$1.25
7%
Consolidated
Mines, Ltd._____
May Department Stores, common (quar.)
$3.75
preferred
(quar.)
12-10
(quar.)
Inc.
Quarterly
Massey Harris, Ltd.
5%
5
Co.,
A
National Container
Corp.
National
11-17
$1.25
Realization
20c
com.)
$7
11-10
12-
35c
Dehydrating
-preferred
11-5
11-15
1
$1.75
(s-a)
Co
11-5
11-15
1
-
12-15
$1.75
1212-
12-10
$1.75
(year-end)
Chattanooga & St.
Acme
Alfalfa
11-17
50c
Corp. (quar.)_^_
Massachusetts Bonding &
$3.75
preferred
11-15
Communica¬
Masonite
Light, 4% pfd. (quar.)
Keht:Moore" Organisation,
Marion
11-
1
12-15
1-15
12 %c
U-l»
$1
.
7% preferred (quar.)
National Cash'Register Co.
(year-end)
National Casket
Co., •common
-
12-20
35c
common
Manufacturing Co
12-
12-
1-1-49
35c
Ltd., ordinary (interim)
Marine Magnesium Products (stock
dividend)
12-
Kawneer
Kayser
Corp.,
(qunr.)_
International Marine
11-J5
12^31
$1.06
1
80c
Special
11-1511-' 1.
1
$1.06%
common
Co.,
$1.25
12-15
11-
12-
$1.62%
;
(increased quar.)
(quar.)
National
11-1
25c
preferred
$1.50
Kansas-Nebraska Natural' Gas—
Stock
Company,
Marion
12-15
12-13
12-15
America—
Biscuit
40c
4(4% convertible preferred
(quar.)
Manhattan Shirt Co. (quar.)
tions
of
Automotive
11-15
11-18
2
50c
;
National
20c
5
7
35C
on
W
Kansas City Power Ac
(The)
11-
12-
11-22
Producers
National
25c
1
11-22
Supply
3-20
12%c
;
3
10-22
4.80%
11-17
25c
(quar.)
1-
12-20
*
1
12-31
1
1-
Mining & Development—
Aluminate
50c
$50c
Square Garden Corp. (quar.)
C.)
Co.
<irreg.)_
45c
Jaeger
K
(quar.)
12-
11-19
12-
l-io
12-
50c
(quar.)
12-20
1-2-49
4-1-49
11-26
9
50c
Corp
National
,
11-15
12-
87Vac
(quar.)___
(quar.)
B
preferred
5%
11-15
12-15
lc
Nashville
3
25c
Co.
$40c
$75c
Corp. .(quar.)
Jones
Jories
Paper
(R.
40C
Manufacturing (quar.)____
Gas
Madison
Mahon
11-15*
11-
20c
Co.
&
-
12-15
1
11-12
1
11-26
11-20
12-15
lc
Corp.
National
(irreg.)____
—
12-15
9*
1
12-
$25c
1-15-49
$1.25
Corp.
Foundation, Ltd.—
convertible
Extra
$1
_,
;
12-
$1
25c
Company, common
Macwhyte Company (quar.)_
1-15-49
1
2
12-15
12-15.
$25c
Muskegon Motor Specialties, $2 cl. A
(quar.)
Muskegon Piston Ring Co
Chemical, 6% preferred (quar.)
Mutual Telephone Co.
(Hawaii)—
2
25c
(quar.)
_'
___
Power
25c
Mutual
2
1111-
Publications
35C
12-20
11-
1
1
%c
(s-a)
Macmillan
$25c
1
12-
14c
Extra--,
..
12-
12-
12%c
(quar.)
& M. Consolidated
30c
12-
5
2
37%c
participating preferred
Participating (irreg.)
t40c
____'
Products Corp. (quar.i___
International Railways of Central
America—>
9%- preferred
(accum.)
;
International Silver Co.!_
Interstate
10-30
t40c
.—I—.
International
International
12-31
11-
11-
10-29
40c
10c'1
$$1.12%
___
(quar.)
International Petroleum Co.. Ltd
Special
11-30
lv
1
$25c
—
(quar.)
(quar.)___
Wood
MacLaren
7
Ltd.—
—
Nickel
12-10
I-
12-
88c
(quar.)
(quar.)_
Insurance
A
preference
Fuel
Common
4%
9-20
11-15
50c
______
Murray
3-24
12-
$1.50
(quar.)
common
convertible preferred
Common
.'
;
6-20
$1
National
(quar.)
$1.50
10-30
1-28-49
„
11-23
5%
3-10-49
3«-20
$25c
(Geo.) Brewing Co., com. (s-a)_
"participating preferred (s-a)
Murphy (G. C.) Company (quar.)
2-24
4-2-49
7-2-49
114c
Muehleback
11-24
$1.60
—
$1.75
Industries,
(quqrj,
preferred
8
12-10
Extra
12-10
6-20
10-2-49
$3.25
Tool___
Oil
60c
Steel
MacFadden
10-30
11-26
11-15
.
;
•
Mackintosh-Hemphill
International
International
11-
Mountain
12-
8-10-49
12-20
25c
Extra
Mountain
11-24
9-20
1-2-49
25c
—__
Quarterly
11- 3
11-10
12-10
10-2-49
25c
(quar.)
:
Diablo
11-10
$25c
—_
11-15
$1
dividend
International
1
1
11-22
Mount
11-15
3-20
7-2-49
—-—
1
12-1
12-20
4-2-49
25c
Mills
Products
11-30
1
12-20
1-2-49
3714c
Flour
11-30
$12%c
Extra
Machines—
(quar.)
■
•(
12-
■
25c
-
Business
dividend
Slock
group.
12-
6
1-2-49
Power
Motor Wheel Corp.
Extra
10-29
3714c
quar.)_
participating preferred
Motor
-
11- 3
50c
fM.)
preferred A
J. &
&
1
$12%c
(Mo.)
1st pfd.
Nashville
11-
12-
62%c
&
1
11-20
62%c
6'v
11-
20c
Extra
8
12-
$1.50
.
aviation
11-10
11-10
60c
——»
—
Inland
1
12-1
(quar.)
M.
11-22
12-
1
12-
(quar.)
56c class
11-16
12-10
75c
12-
preferred
50c
6
75c
11-8
$25c
Lunkenheimer Company
11-15
noc
11-29
1
%
3714c
(increased
(quar.)
Moore-McCormack Lines (quar.)
Morgan (J. P.)
& Company
Morrison-Knudsen Co., common
(s-a)
Mosinee
Paper
Mills
11-10
12-
10-29
.
1st
$3
10-29
preferred
M.
Rayon Corp. quar;) _!___——
IngferSoll-Rand Co.
(quax*.
1
12-15
50c
Corporation
Lynchburg & Abingdon Telegraph Co. (s-a)_
Lyons Finance Service, Inc., 42c pfd.
(quar.)
Ltd.—
Industrial
12-
11-15
$1.10
(quar.)
Lynch
1*
$25c
75c
i
»
for
A
(s-a)___.
Mills, common (quar.)
preferred (quar.)
7% 2nd preferred (quar.)_—
Montreal
Cottons,
Ltd,,
7%
pfd.
(quar.)
Moody's Investors Service—
11-8
$1.18
& Dock—
Lumbermans
:
10-25
11-
11-15
7
proposed,
5%
Extra
.
5
11-20
1
12-
.
Lowney 4 Walter M.), Ltd
Lucky Stores, Inc
12-20
Industries-
12-
convertible
4lA%
.
1
12-30
*
Co. (Md.)—
(accum.)_„__
A
Special
11-15
45c
:
!
Lumber
Louisville
M11-15
15c
.
11-15
convertible
v
11-15
11-
11-30
11-15
11-15
"
preferred
7%
25c
(quar.)
Lumber
LowenStein
6-
$1.25
(quar.)__
common
Co.
pfd.
11-15
11- 9
$3.25
12-15
12-15
11-29
com.
preferred
convertible
Montana
11-15
3714c
Machine
45c
_!___^
Lord & Taylor,
11-10
25c
1
87 %c
(quar.)
class
Lukens
56V4C
Co.
^
•
12-1., 11- 6
12-1
12-
5%
11-12
$1.25% .,12-10;
1
5%
11-10
12-13
10c
...
.
Ordinary shares (interim)—
Imperial Oil, Ltd. (s-a)
Imperial Tobacco Co. of Canada,
interim
12-
1
$1
___'
B
Lorain Coal
11-10
1
1212-
$1
;quar.)_.—
Long-Bell
.
Co.,
Chemical
1
10c
___
$4
rll-
11-15
11-29
Monroe Chemical Co.. $3.50 pfd.
(quar.)
Monsanto Chemical
Co., common
$4
11-16
12%c
Carpet
Monarch
/
1
12-15
12-15
/
Year-end
15c
common
(quar.)
Co.—
'
RR.
1
12-15
$1
...
Extra
11-10
t$l
(quar.)____
(quar.)
Peanut
A
Class
11-20
12-
$1.06 »A
______
preferred
1
t$l
,
(quar.)
12-
12-10
55c
Oil &
Refining Co.
Hunt; Poods, Inc., com.
(quar.)
5%' preferred (quar.)
Hu^toh
2
12-
12-15
65c
Extra
Long-Bell
$1.25
—
Humble
$2.25
12-
11-19
$1.30
(quar,)_
.
_^.__
25c
Guaranteedquar i
Groceterias, Inc. (quar,)___T
Groceterias,Ltd.—
Class
4
—
(increased)-—
5%' preferred A
(quar.)
Hussnlan Refrigerator
preferred
Loblaw
12-15
30c
11-30
as
—
Mohawk
11-15
5c
Special
,
12- 2
$2c
;
Loblaw
—,—
Car
1-18
1
$1.06'A
62»/aC
(quar.)_
Miami
12-
____
"
1
Original capital.
Original capital
Special Guaranteed:
12-
.
Motor
Little
11-24
12-15
11-15
prior
Extra
11-15
12-
1
4c
_____
12-10
1
35c
Chemical
Liquid Caibonic Corp.,
12-21
1-28-49
&
(quar.)
Corp.
25c
com.--—
com.
Light
12-20
•
11-
20c
Implement Co.—
$6.50 convertible preferred-.
(accum.)
Missouri-Kansas Pipe Line, common
(ouar.)
Class
B
(quar.)
Mitchell (Robert)
Co., Ltd
8
12-
11-27*
5c
(quar.)
Minneapolis-Moline
11-5
50c
Extra
11-16
25c
11-
11-15
$1
.Lionel
11-15
11-15
11-22
37%c
Extra
3 %%
r
.
10-25
11-26
1
1
12-
$1
(quar.)__
-----
20Cv
'_
Y.)
Inc., $4 pfd.
Extra"
12-22
12-
11-15
$1
Corp.
(year-end)
Liggett & Myers Tobacco, common
(quar.)____
Bay Mining <fe Smelting
Extra
Hudson
11-15
1
1
$20c
(s-a)
Savers
11-15
32c
(quar.)
"
12-
Life
4
25C
-
(quar.)
Company,
Corp.,
11-
12-
50c
Mines, Ltd,; (quar.)
Refineries,
Inc
Libby, McNeil & Libby. (s-a)
11-22
11-15
$1
Gold
$1
(quar.)
5% "preferred (quar.)
Hodston Light & Power
Howard
1
1
17c
Leonard
11-15
50c
_________
!__
class A
!__
(N.
(R. G.),
11-15
$2
Hardart Co.
Tourneau
Leitch
12-17°
11-15
37&c
Corp
preferred
12-
30c
__
3
12-15
$1.25
::—__!_—
Electrochemical Co.,
preferred
(quar.)
&
1-
25c
12-
30c
Fabrics, Inc. (quar.)
(James) & Sons (quar.)
Lehigh Coal & Navigation™..-!
Lehigh Portland Cement
(increased)
10-27
11-25
11-15
$1,
Cement
Lea
10-22
1L-15
30c
—
—
.11
$1
(quar.)_
Co. (year-end)
Extra
Le
12-15
25c
Inc.
Portland
'
■
$1
$1
50c
Bryant,
Lawrence
common—-
Company
& Co.,
Hoimel jGeo.
6% *
6
11-30,
of
25c
Hotn
1-
(quar.)
Extra
11-27*
12-22
50c
prior preferred (quar.)
prior
preferred
(quar.)
prior preferred (quar.)
$1
1
11-1
25c
Lansing Company
(quar.)
Lansing Stamping Co. (year-end)
Lanston Monotype Machine Co.
(quar.)
Laura Secord. Candy
Shops, Ltd
12-10
11-
12-1
25c
12-
$1.50
1
1
50c
j.__
______
12-
common
:
(Henr.vi
Hon;e Oil Co
(quar.)
_•
Machine (year-end)
1
17V2C
12-
12-1
-12-22
(s-a)_____
(quar.)
$1
14
60c
.
Industry Series
Industry Series
Government Bond Series
Insurance Stock Scries
Machinery Industry Series
Merchandising Series
5
15c
11-25
11- 5
!—7c
11-25
11-
5
11-
5
Stock Series
Building Supply Industry Series
Chemical Industry Series
Electrical Equipment
Industry Series
Food Industry Serles_____
12c
11-25
20c
11-25
11-
18c
11-25
11- 5
12c
—
■"
11*15
12-10
$2.25
(year-end)
(quar.)
35c
common
1
Co.
11-10
•
B
held
Inc.,
Common
•
|18c
12-
Machine
11-30
f40c
preferred
Foundry &
12-15
12-10
$1.20
shares,
shares
Common
$$1.75
12-
50c
Bartlett & Co.—
Monthly
Holt
2nd
15
Si Hart,
Special
$1.25
Power,
75c
(quar.)
Hit^ard, Spencer,
(quar.)
7% preferred (quar.)
Lake Shore Mines, Ltd.
(quar.)
Lake Superior District
11-23
12-31
(irreg.)
each four- shares held-
two
Miller
11-15
5
11-19
1-3-49
Public Service Co. of Indiana
two shares if each
share is
or
into
each
11- 9
1
60c
(s-a)
for
split
11-1
«
Lees
preferred (quar.)
Inc.
(quar.)
Heyjwood-Wakefield
$4.25
Common
1
11-26
•
50c
__,
Honolulu
11-23
12-
11-15
35c
50c
E"(quar.)
12^22
20c
(quar.)
25c
(quar.)—_
(quar.)____,
Corp.,
12-28
common
7
$0.1498
Milling Co., Ltd.—
$1.06 (4
___
convertible
Hooker
11-10
Woods
conv.
Cement
convertible preferred
common
10c
preferred (quar.)____
common
1——
11-10
$1.20
(quar.)___
5%
Ltd.—
—
One share of
1
Common
25c
(one share
shares held)_
CO.,
11-19
12-
$1.12%
(interim)
pfd,
5%
(accum.)
Hershey. Chocolate
Hires
1
12-15
the
Co.
12-14
Corp. (extra)____!
Hercules Powder Co., 5%
preferred (quar.)_
Herfcules Steel Products Corp.—
5fyc
12-10
12-
Industries, 4%
'Laclede-Christy
Utilities—
"Mining Co.
6%
12-20
shares
11-20
____
stock
six
Pineapple
Hercules
B
each
1st preferred
Hazel-Atlas
France
preferred
12-10
—
Co.,
Havana Electric &
Hecla
11-15
dividend)
'Payable,
6%
1
La
preferred
11-10
12-
12-
15c
Participating
1
12-20
common
(quar.)
Petroleum
Middle West Corp.
(liquidating distributions)
Subject to SEC approval.
One share of Wisonsir.
Power Ac Light Co.
11-19
2-
50c
12-10
A.—
1-3-49
(quar.)-"
Harrison Wholesale
Co.
(quar.) _!____
Hat; Corp. of AmericaClass
A
and. class
B
(stock
Hawaiian
11-15
12-
American
S.
$1.12%
preferred
"B"
1
Consolidada
50c
-
Harbison-Walker
6%
12-
.
50c
(quar.)
'Extra
Harjia"
11-15
$1
!!-_————,.
B
1
preferred
'Extra
Class
12-
11-12
25c
_—
Oil
La
$22%c
__——
common
(quar.)
Hammermill Paper Co. fold
common)!
!!_
4% % preferred (quar.)
i%%
!_!.
!____!
l%%
preferred
(quar.)__l
;
Hancock
11-15
12-16
87%C
Ltd
Co.,
convertible
1
11-26
12-
12-10
$1.18%
Extra
8%
11-15
Co.—
Petroleum, class
12-
$1
Kroehler
Lake of
;
Hanhlton
12-17
4
12-1
25c 2-15-49
year-end)
50c
(quar.)
12-30
.03
85c
10%
Halliburton Oil Well
Cementing Co.—
Quarterly
12-17
1-2-49
A
75c
(S.
25c
'
(quar.)"_,
1-2-49
Class
v
$1.62%
Mid-West Abrasive Co.
Midwest Oil Co., common
11-15
$1
Mfg., \Vi% preferred A (quar.)__
Kroger Company, common
(irreg.)
Kysor Heater Co
.005
Co.
(quar.)__
12-
11-25
preferred
Middle States
10-30
12-14
50c
75c
.025
Corporation
Cash
11-20
15c
•
.06
-
12-14
10c
25c
Utilities
Hackensack
3-22
12-24
17c
Extra
11-12
4-1-49
$2.40
Mid-Continental
50c
Kress
11-12
.06
11-10
25c
Extra
-
81
When
HoMera
Payable of Rec.
Share
4% % preferred (quar.)
Mickelberry's Food Products,
12-22
37V«c
(quar.i
11-26
1-2-49
«
6%%
preferred
(quar.)
Messenger Corp.
Michigan Consolidated Gas
12-10
$1.25
(D. Emil), Company—
Knickerbocker Fund—
11-12
12-27
Company
Merritt-Chapman & Scott Corp.—
12-30
37V2c
(quar.)__
4%
11-12
11-26
10-30
25c
Common
11-12
11-26
.07
.015
.075
._
:
.04
.08
.08
.055
Stock
11-15
11-15
$2.50
Inc.—
(increased quar.)
preferred (quar.)
Kresge (S. S.) Co. (quar.)
11-12
,
11-15
12- 3
»50c
3
Per
Name of
11-15
12-
43c
Koppers Company,
11-12
.07
Railroad Equipment
..
11-12
.08
.07
,
Railroad
4 %
11-26
.08
-
*
Beneficial
interest
series
(irreg.)___
Knudson Creamery
Co., common (quar.)_
60c preferred (quar.)_
11-12
.03
12-1
75c
Klein
»
11-12
.02
.06
Petroleum
Railroad
11-12
.08
:
(quar.)
(2051)
Holdera
Payable of Rec.,
$1.18%
—
preferred
When
share
preferred
$1.50
11-12
____
.
(quar.)
$5 prior preferred
(quar.).,
Kirsch Company, $1,50
11-12
.14
_.
*
Land Co.
Keystone Custodian Funds Series
S-2_„
Keystone Pipe & Supply, 5 % preferred
(s-a)
Kinney (G. R.) Co., Inc.', common
11-12
11-26
;
Investing Co.
Priced
.14
.08
.1
Bond
_!
Machinery
Institutional
—
.005
.15
Equipment-—
Iudustrial
Low
11-12
.14
,
General
11-12
11-26
.02
.075
_
^
Electrical
11-26
.13
Kern County
Extra
lltl2
.09
Chemical
Food
11-26
.11
.11
Building
FUlly
11
.11
:
Aviation
Per
Kentucky Utilities, 4%% pfd.
Regular Extra Total
Agricultural
'i
..
Groqp Securities, Inc,Class
COMMERCIAL & FINANCIAL
CHRONICLE
11-25
11-
5
20c
5
11-25
11-
5
5c
11-25
11-
5
11c
11-25
11-
5
25c
11-25
11-
5
21c
11-25
11-
5
»
Monday, November 15, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2052)
52
r
When
Holdert
Payable of Rec.
Per
Share
Name of Company
Metals Series
Railroad Series
Corporate Bond Series
;
Diversified Preferred 8teek Fund,.
Year-end
5
Potter
11-25
11-
5
11-25
11-
5
Corp. of Canada*(Interim)
Preston
Oil
Co.
(initial)
11-25
11-
5
Procter
11-25
11-
5
19c
11-25
11-
5
Prosperity Co., class A (irreg.)
Also payable in 5%
preferred
18c
11-25
11-
5
8c
11-25
11-
5
22c
'—-
11-25
11-
5
Pennsylvania RR. Co.
Nothern Empire Mines, Ltd.
Northern Oklahoma Gas
Bancorporation
Northwest
Match
Ohio
Cdmmon
Oil
1
12-
6
Ohio
Seamless
12-10
11-10
12-10
11-10
11-12
12-16
20c
12-23
12-16
11-15
10-25
Puget Sound Power &
$1
11-25
11-18
Pullman,
Pure
12-
$7c
11-19
11-26
11-12
50c
11-26
11-10
Old
Coal
Ben
Corp.,
Quaker State Oil
11-12
12-
1
11-12
12-
1
10-27
$25c
1-
3
11-24
55c
12-
1
11-15
25c
12-20
—\
,
5-31
12-14
li-
5
12-14
25c
11-
5
1
11-
5
$1.12%
12-
$1.75
12-
11-15
1
3
$1.40
12-15
12-
50C
11-15
10-29
59 %c
——
,—
—
11-15
10-29
eight
5
11-15
11-
11-20
11-10
—
15c
Corp
j
—
(quar.)—.
&
Ontario
$25c
of
Payment
■
Tail
11-19
after South
20C
preferred
(Minn.),
Power
common
90c
12-1
11-15
45c
Pacific
Pacific
Products Co._„
Finance Corp. of California
Pacific
Gas
&
Electric
10-30
Rochester Gas & Electric
15c
12-15
12-
40c
(quar.)
12-
1
11-15
1
11-15
10-31
11-15
10-31
11-15
10-20
$1
12-15
12-
—
$1
(quar.)—™_
Palestine Economic Corp.
11-
11-26
1
5
Eastern
Pipe Line—
Common
(cash dividend)
(quar.)
Stock dividend (A half share of Hugoton
Production Co. for each share held)
preferred ' (quar.)
Rust-Proof
$1
62%c
Co.——
—
12-15
11-26
11-17
75C
_
10-29
1-2-49
12-16
1
11-20
12-
dividend
Stock
$4.25
dividend)
(cash
preferred
Parkview
35c
25c
—
4%
12-
1
11-20
12-
1
11-20
Mills
Consolidated
8%C
(quar.)
preference
$2
Corp.,
Gold
Dredging,
Paton
-
Ltd.,
preferred
prior
Peerless
Cement
Year-end
San
2
12-
1
11-
$ -:•
50c
11-15
11-
5c
Corp.
11-15
11-15
10-26
•2ViC 1-
(quar.)
$1 preferred (quar.)
$1 preferred
(quar.)™..,
Penman's, Ltd., common quar.)
25c
_
12-1S
1-49
11-1#'
$75c
11- B
■''
25c 2-15-49
1-
10-15
11-15
Extra
Pennsylvania Electric Co.—
3.70% preferred C (quar.)—
4^40% preferred B (quar.)
Pennsylvania Telephone Corp.—
$2.25
preferred
(quar.)
Peoples Gas Light & Coke^i——
Pepperell Mfg. Co. (quar.)
92 Vic
12-
1
11-
12-
1
11-
1
57C
12-1
$1.50
1-15
75c
——,
11-15
——
'
$1
Machine & Gear Co., 7% pfd. (quar.)
Metals Corp. (increased quar.),
11-15
1111-
8
Co.
1
Year-end'
11-12
11-12
41-12
Extra
11-22
12-10
Fettibone
Mulliken Corp.
(quar.),,,,
Company (quar.)
Brewing Co.,
Philadelphia Electric Co., com. (quar.)
$1 preferred
(quar.)
Philadelphia Suburban Transportation—
Quarterly
i
35c
I,
Co.,
4%
—
~~2
Pitney-Bowes,
(quar.)—
Inc.,
™I,
Pittsburgh
Plate
Pittsburgh Steel,
6%%
1st
5%
prior
(year-end)—,
preferred
A
Pittsburgh
7%
Youngstown
preferred
Stock
Oil
Inc.
Ashtabula
dividend)
(H.
Portland
K.),
Co
1
11-
12-
1
11-10
50c
1-15-49
12-13
15c
12-13
$1
—III™ -
(Mass.)
_
1-
12-
1
8
1-
5
3
11-15
12-
1
11-16
12-
1
11-16
$1
12-15
Class
12-
1
11-
5*
12-20
11-
5*
11-26
11-12
2%c
11-26
11-12
10c
12-15
12-
12 %c
11-15
11- 5
1
-
Simmons
Simon
5%
50c
Company
Simonds Saw
&
Simpsons, Ltd.,
Insurance
11-
;
40c
Co.
5
12-
12-15
1-14-49
4
I-12
•
1
\ ■
11-15
12-2T
11-30
37 %C
12-15
12-
8
12 %c
4
12-1-
10c
(quar.)
50c
'12-15
12-
8
'
12-15
11-29
12-15
12- 6
12-
12-
10(.
1
11-15
1
11-15
50c
12-10
11-12
$1.12%
12-15
12-
40c
11-22
11-12
25c
12-13
11-24
$1
2-1-49
$1.37%
"
1
I-17
I-17
1
Standard
$3.50
12-15
12-
12-
1
11-15
12-1
10-29
12-
1
10-29
I-
common (quar.) —
(quar.)
___________
Standard Cap & Seal Corp.—
$1.60 convertible prefened (quar.)
'
Standard Chemical Co., Ltd.; common.,...
5%
preferred
(quar.)™—,—,_™_'_—,
11-16
Inc.,
Brands,
87 %C
preferred
.
1
!
4
40c
r
tlOc
$$1.25
:
1
12-20
20c
11-27
II-10
4
20c
11-27
12-
4
Standard
Oil
Co.
of
$1
12-10
11-10
12-
4
Standard
Oil
Co.
of
50C
12-10
11-10
Standard
Oil
Co.
$1
12-
9
10-22
2%%
12-
9
10-22
12-10
11-18
12-10
11-18
11-17
12-
Co.
$1
—
(quar.)
Standard Forgings Corp.
"
Calif. (Del.) (quar.) —
Indiana (quar,),,,—
of New
-
dividend
dividend
Slock
—
Standard Oil Co. of Ohio—
(cash dividend)
Common
II-19
dividend
Stock
preferred
50c
(quar.)
2%
——————
•
(quar.),,—
Railway Equipment Mfg.
A
Co.—
12-
25c
12-15
12 %c
Standard
Steel Spring Co.,
12-15
Standard
Tube
11-17
Standard
11-18
Works,
class
Co.,
(quar.)
12-10
State
11-22
5
11-
5
11-15
5c
II-15
II-
60c
12-14
12- 3
20c
12-10
11-20
—
Supply—
5
Acid
&
;
7,
Stecher-Traung
Fuel
11-
12-10
common
B—
Phosphate
Wholesale
Inc.
11-15
11-15
25c
Extra
12-10
$1.25
12-15
11-15
11-
50c
12-
1
II-18
25c
11-10
12-31
£0c
Lithograph, 5% pfd. (quar.)
Stein (A.)
& Company (quar.)
Sterling Drug, Inc. (quar.) 7—
11-30
12-
1
11-18
12-31
12-15
1-2-49
12-17
11-19
'
12-
11-18
1
12 %c
(quarj—„—
Silica Corp.
Standard
1
12-24
1-14
93 %C
12-15
12-
11-10
Jersey—
4
-
8
Stern
11-29
dividend)
(stock
Inc.
Sterling,
4%%
& Stern Textile.
Coke
Stonega
5%
—
57C
(quar.)—.
pfd.
1
$1
12-
1
11-12
$75c
& Coal (quar.)—
Ltd. class A (s-a)_,_„_—;—
12-
1
11-
1
11-15
*
11-15
11-10
11-
5
12- 1
11-
5
20c
11-15
11-
5
12- 1
11-15
11-
5
$1.25
31 %c
11-15
11-
5
19-
5
Suburban
11-30
10-25
18c
11-15
10-29
11-19
12- 1
9
Sun
25c
11-15
Sun
11-
Struthers Wells Corp.,
2-1-49
5-1-49
Propane Gas
Oil
;
—
Corp.—
quarterly
Co.,
$1
t20c
110c
12- 1
12-1
II-15
One
11-15
Texas
;
I-17*
4%
2nd
(quar.)—7
Gold Mines, Ltd.——-—
Symington-Gould Corp.
Syracuse Transit Corp
.,7-7.—
Taggart Corporation
—
Talon, Inc., 4% preferred (s-a)
Common
—.,7———,™_'
Sylvanite
11-12
(irreg.)
11-
1
12-1
11-10
11-10
12-1
12-1
12- 1
12-15
12-15
r
w
12-15
11-24
12-15
1-3-49
12- 1
11-23
preferred (quar.)
11-15
11-26
11-15
11-
11-15
25c
5
'
37 %c
12-
1
11-15
10c
12-
1
11-15
$l%c
1-3-49
10-30
'
'
11-30*
25c
12-15
75c
12-
1
15C
12-
1
11- 5
20c
11-15
10-29
50c
12-
11-15
11-18
11-24
pfd. (quar.)
(stock
Company
dividend)
Coal
&
(initial
New
common
Ltd.—
— —
—.—
7—
Thew Shovel Co., common™—,—:
—
12-15
Tide
Timken
11-15
Tivoli
11-
5
Trinity Universal Insurance
12-10
11-
5
Tudor
5
5
Water
Power Co.
Roller
11-15
Trane
11-29
12-
3
11-10
12-
1
11-15
12-
1
11-15
12-
.
1
25c
12-15
$1.75
City
(quar.)
Ninth
Unit,
6-25-49
6-15
10c
11-15
10-30
$1.50
12-15
12-
1
SI
12-15
12-
1
40c
12-
11-
5
1
12-
4
12-
1
11-11
12-
1
11-15
50c
11-15
10-25
25c
11-15
11-10
12-
1
11-
Lamp Works, common
208 South LaSalle Street Corp., com
Common
(quar.)
$1
$1
12-17
12- 6
12-1
12- 1
11- 3
12-15
11-18
12-15
11-15
11- 3
Oil
Co.
of
9
1
62 %c
1-3-49
12-18
62 %c
3-1-49
3-19
$1.12%
11-15
10-30
92 %c
11-15
10-30
87 %C
11-15
10-30
93%c
12-10
11-13
10c
Tung-Sol
Union
11-19
11-16
(quar.)
12-
Union Electric Co. of
130c
10-29
11-15
—
(Dallas) (quar.)
pfd. (accum.)
Missouri—
$4.50 preferred (quar.)—
$3.70 preferred (quar.)
$3.50 preferred (quar.)^—_—
3-15
$1.06%
:—
$6
I
12-15
1-49
15c
Brewing
Company
4-
11-15
12-
1-49
75c
7
11-15
11-29
11-10
12 %c
(quar.)
Bearing,—™,—
Co. (quar.),,
Toledo Edison 4%% pfd. (quar.)
12-10
$30c
60c
Common
10-29
12-10
9-27
3
12-
50C
12- 1
12- 1
12- 1
12-10
25c
25c
10- 1
50c 1-
1-3
11-15
11-
1
11-15
25c
preferred (quar.)—_—
Thomaston Cotton Mills, common,—
7%
$1
25c
62%c
50c
12-10
12-
50c
Mills,
Textile
62%c
r2-10
12-15
11-15
12-31
11-
8*
27c
25c
1- 3
2
11-
—
Oil—•
quar.)
11-25
1-2-49
12-
8*
11-29
held
share for each 40
Pacific
3
11-
Corp.—
dividend
Stock
11-
11-29
5%
Taylor & Fenn Co., 4.32% cum.
Products & Chemical
Tennessee
11-15
10-18
11-15
11-15
50c
11-24
12-15
1
50c
25c
Tampax,
130c
150c
v
;
5c
-
Electric Co———-—
Inc. (quar.)
—
Tampa
11-18
$1.60
11-15
11-26
5c
.
II-15
t$1.25
1
(quar.) 7——,———
preferred
Thompson (John R.) Company
—
Thompson Products, Inc., com. (year-end)—
4% preferred (quar.)
——,,
Tide Water Associated Oil (quar.)
-
11-15
37 %c
—
—-7
Susquehanna Mills, Inc. (s-a)
Swan-Finch Oil, 6% preferred
11-29*
110c
25c
25c
22c
25c
(quar.),,
1
12-
—
7-18
Texas
(quar.)
11-24
12-
Superior Tool & Die (quar.)™——_—
Extra
——7__—
11- 8
*
4-18
12-15
5c
(quar)
common
Ray Drug Co., common——
6% preferred
(quar.).
;
I-18
40c
(quar.)—
common
(quar.)™
preferred
Increased
11-15
12-10
12-10
(quar.)
(quar.)_^___^_,__^—
4 Yz%
11-15
11-15
25c20c
40c
(irreg.)
Steel Co.
11-15
12-15
$1.25
•
11-26
40c
50c
(quar.)
(H.) & Sons, Ltd., cCnunon
preferred
11-29
12-15
1
50c
A
12-13
$1
12-'1
(quar.)
Signal Royalties, class
Class B
(quar.)
11-20
12-20
10-20
11-15
12-15
Extra
50c
11-15
12-15
$2.50
B
1
*30c
50c
12-10
Extra
11-15
7.—— '
10-25
12- 1
(quar.),,,,
com.
11-
(quar.);.—
"• 59%c
common
1
11-
15c
(quar.)_,_
Co.,
1
12-
11-15
12-31
11-15
12-15
4%
preferred (quar.)
Signode Steel Strapping Co.,
5%
preferred (quar.)
Signal Oil & Gas Co., class A
11-
26 %c
$2.50
Sherwin-Williams
11-29
1
20c
12-10
1-3-49
12- 2
12-15
11-24
$1
preferred
4%%
11-29
12-20
$3.12%
5C
■
Transit
12-
Shawinigan Water & Power Co.—
Common
(quar.)
4% redeemable preferred series A
Shellmar Products, common
(quar.)
2%"
;■
Inc.
Sharon
11-12*
12-
10-25
11-19
Standard
$1.12%
11-12*
1
1
25c
—™_
11-
11-15
___
(quar.),
11-15
1
Ry.—
(quar.)
(quar.),—
Extra 7———
preferred
Railway
$4.50
1
12-
11-
11-15
12-15
(year-end)
12-
$1.75
(cash
dividend
Plywood,
Porter
&
(quar.)
Co.
common
1
1
2-1-49
12- 1
—
Inc.,
5
11-
12-
$1
1-5-49
——
12-
$1.37%
(accum.)
preferred Iquar.)
Pittsburgh <fc West Virginia Ry. (resumed),,
Plymouth
Servel,
11-15
11-
11-15
45C
12-10
50c
Ti.:
25c
53 %c
Co.
1
15c
(quar.),,,
(quar.)
Glass
12-
$1
_
preferred
11-22
11-22
J25c
(quar,)_____
Security Banknote Co., common (quar.)
$1 preferred (quar.).
Serrick Corp., 90c conv. class A (quar.)
Class
B
(quar.)___„
11-22
12-31
11-22
11-15
—
20c
r,
common
12-31
75c
Year-end
OA %
30c
11-22
Investment
participating preference
2c
81 %c
Kellogg & Sons (quar.)™
Spiegel, Inc., $4.50 preferred (quar.),,™.
Sports Products, Inc. (s-a)
—
T
Squibb (E. R.) & Sons, common....,.,—_
$4 preferred (quar.)
—™,
$4 preforred series A iquar.)—
—
Stamford Water Co.V(Conn.)
(quar.)
40c
Internaticnal
11-18
11-30
Spencer
3
$2.50
12V2c
40c
91V4C
common^
(quar.)
common
preferred
11-20
1-15
12-
10-29
common,
Participating
11-19
25c
—
$4
,
Ltd.,
12- 1
30%c
$1.12%
preferred (quar.),,,—
$5.50. 2nd
131%c
Extra
___
.
Fillsbury Mills,
1
12-10
.
I-15
11-15
12- 1
preferred,^
—
Canadian
Second
11-10
12-
25c
,
__
Extra
11-22
25c
35c
Pfaudler
Ffeiffer
Surety
Roebuck &
11-12
4
30c
91%c
(quar.)
(increased quar.),,*,,
Co.
Sears
12-10
9
8-1-49
12-13
2- 1
—
Seaboard
11-30
12-
12-
27%c
27%c
27%c
62%c
85c
class A (s-a)
(Del.) (quar.)—
Extra
"
Philadelphia Suburban Water,
$3.65 preferred (quar.),:
Phillips Petroleum Co. (quar.),
5%
Line,
8
30c
(quar.),,
___
Air
10-15
1
12-
30c
Withington Co., common,™™™ • '
$1.50
6%
convertible preferred (quar.)—
$1.37%
Spear & Co., $5.50 1st pfd. (quar.)™_™__
J18c
(quar.),
preferred
3
11-15
t25c
Sparks
,
——
8eaboard OH Co.
12-22
30c
Inc.
.
$3.65
Co.,
—
Seaboard
11-15
30c
$1.75
Permanente
Paul,
■
Seaboard Fruit Co.,
Extra
Perkins
5%
1
$1.10
—
Peter
Mfg.
11-15
25c
7c
Ltd
preferred (quar.)™
Scythes & Co., Ltd., com. (increased quar.)
Scovill
B
11-15
11-30
10c
J7c
10c
Ltd.™,™
preferred A (quar.)™
5%% i preferred A (quar.),,
5V2%• preferred
A (quar.),,—
Scott Paper'Co., common (increased quar.),
$3.40 preferred
(quar.),,
Scotton Dillon & Co. (increased)
; 7
1
9
12-15
15c
Corp
Arms
11-30
:™
12-
1-1-49
1-1-49
1-1-49
12-15
12-20
12-29
12- 1
25c
5Va%
10-26
15c
^
Arabian
12-
75c
Edison
(A.
3%%
12-15
12-31
Extra " _—:,7,,_,__,_',,™_™™-™
Stowell Screw,
Sayre & Fisher Brick Co
Schwitzer-Cummins Co.—
31 %C
(quar.),,
Spalding
11-15
11-24
11-20 '
31 %c
Paper—
Investors
G.) Brothers
Sovereign
'
Syndicate,
Mining
Savage
1
5
12-15
11-15
12- 6
12- 1
—
Mines,
Saudi
1
11-
11-15
1
—;
Gold
11-30
12-
11-12
11-
1-1-49
11-10
12-20
Gas
Life
Southwestern
1
t$1.06
11-20
(quar.)—1___
(quar.)
Southwestern Public Service—" ' - —
Common ('increased quar.)_v___-_-_'™v___v
11-29
12-
25c
42%c
20c
30c
$1.25
——
Antonio
10-31
6c
Southwestern Electric Service
1
11-
Cash
(quar.)_,_,
Co.
Paper
11-
:12-15
20c
Telephone Co.—
Common
Regis
11-30
12-15
$35c
—
(irreg.),,
Peninsular Grinding Wheel Co. (quar.)
Peninsular
11-
11-24
$20c
common
preferred
Pcabody Coal Co., common (quar.)
5%
11-10
11-17
11-18
11-15
—
Extra
$15c
Manufacturing Co.,
(quar.)
7%
St.
11-15
11-15
(quar.)
11-5
11-15
10c
Co. (quar.)—
Co^.*
*7 '
Common
(increased quar.)-_,_^_—;
5%
non-cum.
preferred (quar.)™—
Southern Spring Bed Co.,_—™,,~-*
Marine Insurance Co.—
Fire &
Special
1
Ltd.—
Interim
.
11-
11-15
preferred A
Paul
12-10
22 %C
Railway
12- 1
12-10
preferred
6%
St.
Natural
Southern
12- 1
pfd. (quar.) ;
5
Lines
Power, common
Southern
10-29
$1
Saguenay Power Co., Ltd., 4%%
fit. Louis San Francisco Ry.—
1L20
1
$1.06%
—
(quar.
Patchogue-Plymouth
>Z
12-
(Kansas City), Inc.—
Drugs
participating
Pato
(quar.),
California
10-18
J25c
—-
Parkersburg Rig & Reel—
Common
12-22
(quar.)
$1.25
5% preferred A (quar.)
$1.25
5% prior preferred (quar.)-,
$1.25
Rolland Paper Co., Ltd., 4%%
pfd. (quar.) t$1.06%
Roos
Brothers, Inc. (quar.),.—
50c
Rotary Electric Steel (stock dividend10%
Roxy Theatre, Inc., $1.50 pfd. (quar.),
37%c
Royalties Management
:.™
5c
Ruppert (Jacob) 4%% pfd. (quar.)—$1.12%
Ryerson & Haynes (irreg.),,—,20c
Sabine Royalty Corp. (quar.)™
—,
50c
Saco-Lowell Shops (quar.)
50c
Extra1
—-i
75c
75c
11-
100
preferred (quar.)
11-26
Corp.—
10-31
31 %c
1
12-10
—
Southern Canada
8%c
11-15
31V4C
—
11-
25c
Ltd
Greyhound
Standard-Coosa-Thatcher
34 %C
Lighting Corp, (quar.)
Pacific
Mills
(quar.),,,
1
6
Rockwood
Pacific
Panhandle
Company,
1
1
60c
preferred (quar.)
4%%
preferred
(quar.),™
12-
10-31
&
11-
12-
______
4%
12-10
12-15
50c
$1
Co.__^_
com.
(quar.),,,—
1
-
11-15
1
11-15
5%
12-10
12-
37 %C
__
5
11-15
F
Manufacturing
Rockwell
11-
12-15
(quar.)
Rock of Ages Corp. (quar.)
Rockland Gas Co.
(quar.)__^,_
preferred
4%
11-10
12-
$1.05
preferred
(quar.)
—
Southern
California Plastics,™,
Southern California Water Co., common
A (quar.),
Robinson Little & Co. Ltd., class
11-15
11-1
11-10
12-10
4.88%
—__
1
12-
12-10
$1
-
5
12-15
12-15
,12-15
.
11-15
$1.25
——
preferred (quar.)
—
5%%
preferred (quar,.)
5%
preferred (quar.)——
6% redeemable preferred (quar.)
Parker
11-15
Participating
1
Co.—
6%
4%
11-
81 ViC
(quar.),,
(s-a)—,.—
Inc., preferred
Clay
11-25
$1.50
Southern
11-
50c
_,j—12%c
& Myers, Inc.; common (initial)__,
25c
participating preferred (quar.).
37 %c
Robbins
4%%
11-17
$1.12%
shares
American
11-30
75c
preferred
$5
12-15
12-10
Owens-Illinois Glass Co.,
Paper,
1
1-
37 %c
—
preferred quar,),,———
Outboard Marine & Mfg. Co, (irreg.)—___
Pacific Associates.
10-30
10-25
11-15
12-15
12- 1
__,™—w,™,-_,
50c
1
87 %C
(quar.)
Southern Advance Bag &
45c
40c
'
(quar.),,
Works
Lathe
Southam Co.,
11-15
Riegel Textile Corp., common (quar.)____,
$4 preferred A (quar.)
—
Roan Antelope Copper Mines, Ltd.—
-
10-30
11-15
$1.12%
(quar.)
$3.60
Oxford
11-15
20c
(quar.)
Co.
Oil
;
1
45c
(quar.)
preferred
4%%
Richfield
(Ohio), class B
A
Oswego Falls Corp., 4%%
Otter
10-15
12-10
deducted.
is
tax
African
O3good Company
Class
69 %c
9d or
3s
11-15
69 %C
1
12-
50c
$1.50
—
IS1.75
7%
preferred
(quar.)
—
O-O'Kiep Copper Co., Ltd., American shares
Reynolds (R. J.) Tobacco, common (quar.),
Class B (quar.)
—
Rheem Manufacturing Co., common (quar.),
10-15
11-15
11-
Bend
South
12-21
1- 1
' 12-1
4%
——
prior preferred A (quar.),,,.
Revere Copper & Brass, common (increased)
6%
1
11-
1
12-
t$3
(quar.)
Common
11-10
11-10
(s-a).
Co., Ltd.—
Quebec Ry.
Steel Products
Ontario
12-10
12-10
Pulp Co
Soundview
10-29
—r
dividend
Stock
$50c
—...
12- 9
11-15
1-2-49
preferred A (quar.),^,.™i.™_
$1.18%
Regent Knitting Mills, Ltd.—
-»
~
— •1.60 non-cum. pfd. (quar.)=.^i.i.,,i——ii_- • $40c .* 12- t
Regina Corp.
(irreg.)
25c
11-15
Reliance Mfg. Co.
(111.), common (quar.),,
25c
12-1
3%% convertible preferred
(quar.),,.
87%c
1-1
Remington Rand, Inc., common
—__
25c 1-3-49
$4.50 preferred (quar.)
$1.12%
1-3-49
Republic Investors Fund, Inc.
6% preferred A (quar.),,,,—
15c 2-1-49
6%
preferred B (quar.)
15c 2-1-49
Republic Petroleum (increased quar.),,
50c
12-15
Republic Steel Corp., common (quar.),
25c
12-21
Extra
i,™—
25c
12-21
2-28
25c 6-20-49
—,
$1.50
40c
4%%
11-30
25c 3-21-49
.
.
12- 1
Quebec Power Co., Ltd, (quar.)
,
$25e
Rayonier, Inc. (increased quar.)
50c
Ray-O-Vac Company (quar.)^.,—.—37 %c
Reading Co., 4% non-cum. 1st pfd."(quar,),
50c
Red Owl Stores, common (quar.),,
* 10c
$$1
12-24
Corp., common (quar.),
convertible preferred A (quar.)
$1.25
11-30
12-15
11-25
11-15
12- 1
11-16
Quaker Oats Co., 6% pfd. iquar.)
Refining Corp.__i_i,
1-3-49
Sonotone
11-15
11-15
11-16
$$1.75
11-15
11-
1
—
12-
$3
2%
12- 1
12-10
_~i,™_—i.—_
12-15
—1
preferred (quar.)
4.20%
preferred (quar.)
Socony-Vacuum Oil (cash dividend)
Stock dividend (two shares for each
15c
12-10
12-
Extra
1-1-49
12- 1
11-11
Extra
11-12
50c
3%%
60c
—
1
25c
common
—
common
12-10
12- 1
12-
$50c
Oliver
-
preferred (quar.)
Purity Bakeries Corp. (quar.)—
.
held
shares
12-31
11-15
50c
25c
50c
$1.25
(quar.)
convertible
5%
35c
20c
(quar.)
(quar.)
12-17
Common
Southeastern
11-10
$$1.50
preferred (quar.)
(stock
One
Extra
11-15
11-26
15c
■
preferred A (quar.)—;
dividend)—•
share
of
common
for each
4%%
Okonite
Light Co.
common
Company,
11-15
70c
—
Gas,
Oil
83c
(quar.)
Inc.
11-15
$2.50
Aircraft Co.—
90c convertible preferred
(quar.),,_
Solventhol Chemical Products (irreg.)_,____
12- 1
12- 1
10c
—
Smith
11-15
Co.—
dividend preference common
$1.40
10-30
bac
Electric & Gas
11-15
1
Solar
87%c
—
Co.
Service
1
12-
preferred class A (s-a)
(Alexander) & Sons Carpet Co.—
(quar.)
———
6%
"
of New Mexico
Service
Public
12-
(quar.)__
Sloane-Blabon Corp.—
10-30
25c
(quar.)
preferred
3.35%
8
12-23
)—
(irreg.)
Tube
12- 1
87%c
preferred (accum.)-j—.
7%
$1.06%
$1.10
10-15
50c
97 %c
(quar.)
Inc.
Skilsaw,
Service
75c
(quar.)—
Natural
Oklahoma
11-22
1
12-
40c
River Sand,
5%
4.40%
12-
—
—-——,,,,,r—
Ohio
6
4%%
12-20
.
Co.,-4,/2-%
12-
Public
12-15
.——.
Pcwer
11-15
12-16
preferred (quar.)
—
preferred (initial)
—_—
Co. of Indiana—
Stock dividend
(6/100ths of a share of
Indiana Gas & Water Co. capital
stock
for each common share held
Cash dividend on 3%%
pfd. (quar.)
Public Service Co. of New Hampshire—
common-,,,—,—,———
Ohio
50c
$1.25
payable
preferred
12-
—,,—
j,
Company
in 5% preferred stock—
(quar.)———
8ervice Co. of Colorado
5
Public
(resumed),
—"
Common:
Ohio
5
11-
1
Telephone, $2.20 pfd. quar.)
Co.,
11-
1
'
-
11-15
—
__—
5
$1
Power, 6% pfd. (quar.)
4%
preferred (quar.)
—
Ogilvie Flour Mills, Ltd., 7% pfd. (quar.),.
(quar.)
25c
(irreg.;
B
11-
75c
Nova Scotia Light &
Common
5
11-
(quar.)
Leather
(year-end)
Pharmacal Co. (quar.)
Ohio Associated
5
11-
Publtc
Northwestern
Norwich
11-
11-
$1
—
North
11-15
11-15
,
stock
11-25
8c
Consolidated (quar.)
American Oil
25c
50c
(quar.)
Gamble Co.
&
Also
25c
preferred
80c prior
10-25
Class
37 %C
Corp.,,,
Finance Corp.—
preferred
7%
North
11-15
11-15
11-15
Extra
Mining
10c
75c
—
11-15
(quar.)
City Gas & Electric, com.
3.90%
preferred (quar.)
Skelly
Oil
Co.
—
1
Holdert
Payable of Rec.
50c
Sioux
11-19
Power
11-15
11-
Corp.
Oil
Sinclair
11-15
11-15
12-31
—
11-15
1
12- 1
12- 1
20c
t35c
Company
50c
;
—■
American
(quar.)
America
65c
Shipbuilding & Dry Dock Co.
Niagara Share Corp., class B (irreg.)
-,
Noma Electric Corp. (increased quar*
Nopco Chemical Co., 4 % pfd. ser. A (quar.)
Norfolk & Western Ry., ccmmon (quar.) —
xsorm
of
Co.
23c
Newport News
Normetal
—
20c
Co—
Mfg.
11-
18c
Fund
Pacific Coast Investment
11-25
17c
Equipment Industry Series™—
Series
Series
Diversified Investment Fund,,
Diversified Industry Shares™
Industry
Tobacco Industry
Newmarket
Potash
13c
Railroad
Steel
5
—
—
,
11-
10c
.—
11-25
6c
Industry Series,
5
Per^- -When
Share
Company
Name of
Payable of Rec.
12- 1
11-15
11-15
25c
35c
11-
Holdert
When
.
Share
25c
—
11-25
32c
7—
Public Utility
Extra
17c
Industry Series
Oil
(quar.),.
Portsmouth Steel Co.
(Concluded* —
York Stocks, Inc.
New
Per
...
of Company
Name
—
—
—
California—
$3.75 preferred A (quar.)——.
Volume 168
THE
Number 4751
Per
Share
Name of Company
Union Tank
United
Car
Aircraft
5%
Co.
(quar.)_:
65c
—
United
Theatre
preferred
12-
1
Name of Company
11-15
12-
Woolworth
11-15
12-
11-20
12-15
12-
t37c
11-15
10-15
$1.12V2
class A
iquar.i—
B
1
United Engineering & Foundry, com.
11-30
10-30
Wright
12-10
11-24
11-24
11-
5
11-16
11-
5
class
A
Gas
11-16
11-
5
Monthly
Wyandotte
J75C
1-3-49
12-10
65C
—
(quar.)
12-18
11-24
12-18
11-24
—
(s-a)
stock
for each
cash
41c
will
for
will
distributed
be
each
1/50
be
at
share
6%
12-16
1
58V3c
58 %c
United
Molasses
Co., Ltd.
U S Casualty Co.,
U.
S.
$4
preferred
12-
Extra
S.
S.
5%
U.
Steel
United
United
1-2-49
1
xLess
Universal
Insurance
Universal
Pictures
4»/4%
Co.
Co.,
12-20
11-30*
1-1-49
1
Utica
1-
2
The
5%
prior
11-
5
11-20
11-
1
(12 %c
12-30
12-15
12-
11-15
4
$1.50
11-15
11-26
Venezuela
12-
work
Co.
1
(2%c
12-
3
11-12
15c
4%
&
Walker
Company
(S.
$4.50
'
5c
11-24
11-
8
12-
11-12
1
12-15
12-
12-
30c
12-11
11-12
$1.25
12-20
11-30
12-
2-1-49
8-1-49
20c
20c
(Northam) Corp.—
.
12-15
11-19
(s-a)
1
12-
1
11-13
12-
1
.'•11-16
'
Penn
7%
Electric* 6%
preferred
11-12/
11-15
11-10
11-22
11-
Western
7%
1
12-11
Common
*
12-
11-15
10-19
$1.75
11-15
12-13
$1.12i/2
11-15
11-
it
75c
12-
1
11-15
25c
12-16
5%
—
5%
&
11-20
,11- 5*
11-18
11- 1
75c 2-15-49
2- 1
$1.25
11-15
•1.25
2-15-49
$3.50
—
Railway of Alabama-..:
12-14
11-
1
7-
1
.12- 4
$1.25
1-3-49
12-16
50c
12-15
ir-15
$1
preferred
(quar.)
Westinghouse Air Brake (quar.)_____———
12-15
11-15
"
Westinghouse Electric,
25c
(quar.)_
common
12-
1
11-
8
25c
3.80%
Weston
preferred A
preferred B
Electrical
_
Instrument
Corp
preferred
Dental Mfg. (quar.)
12-
1
11-
8
87 %C
12-
1
11-
8
95C
(quar.)_
(quar.)_
Weston (Geo.), Ltd.. 4%%
White
12-
1
11-
8
50c
12-10
.'
—
$1.12%
(quar.)
12-
1
11-22
11-15
S.)
Auto
Stores
Bros.
Wilcox
Company,
Oil
1
11-16
11-
1
12'/2C
11-15
1111-
1
11-15
Extra
(quar.)
common
■
(quar.)—;
10-29
2-15-49
1-28
30c
——.
11-15
10c
—
IOC
12-
1
11-15
70c
—
Iquar.)
Wilkes-Barre Lace Mfg.
12-
1
11-15
Candle.——-
10c
11-15
11-
8
Williams (J. B.) Company, common (quar.).
$1 preferred (quar.)————.
15c
11-15 V
11-
5
25c
11-15
11- 5
Winnipeg Electric Co.,
50c
12-31
11-15
$2.50
12-31
11-15
5%
Baumer
common
preferred
non-cum.
...
(s-a)-
Winters & Crampton Corp..
Wisconsin Electric Power, common-—
6%
preferred (1897 series)
3.60%
preferred (quar.)
15c
Wisconsin
Power
&
preferred
Light,
common
12-
.
(quar.)——.
1
10-22
11-
3
1-31
1-15
90c,
.
—
4.80%
preferred
(quar.)..
Woodall Industries, common (quar.p*——
*
5%. convertible preferred (quar.)——
Woods
11-15
25c
$1.50
(quar.)
__——
4'/2%
per
1,436,978
129,788
1422,378
125,200
Co.,
Ltd.—.——
..Woodward Governor Co..*:.—Y.——
(F.
W.)
Co.
(quar.)
Fed.
and
$3,499,310
$4,201,662
1,469,710
1,764,G98
$2,029,600
$2,436,964
$1.73
State
$2.09
income
—
and
State
income
taxes——-
——
months
common
stock
(after
,
ending Sept. 30,
companies.
share of
the second
120,425
33,021
57,783
Talon,
1948, but are not included in the above
not to consolidate operations of the
Inc.,
stock, the
common
quarter.—V. 168, p,
8,110,416
on
Operating
2,778,958
461,754
789,882
186,359
164,323
',248,413
1,394,066
amount that was
earned
during
1948—Month—1947
Retirmt.
1948—12 Mos.—1947
$774,221
5,504,577
31,333
476,813
56,263
655,717
71,789
51,118
67,131
798,179
803,138
39,000
<
$9,238,861
363,648
41,840
—
$646,896
453,239
revenues
Operation
Maintenance
1,199,965
same
1487.
Tampa Electric Co.- -Earnings—
Period End. Aug. 31—
$8,663,226 $19,026,620 $11,577,044
4,888,295
9,942,371
6,916,971
38,000
482,000
703,000
$105,616
$7,836,687
3,889,126
V
360,813
accrls.
reserve
'
,
583,764
and
and
amortization
General
s
219,745
taxes
—
Federal income taxes.—
int.
$4,539,921
surplus
at
be-
insurance
.
572,397
$2,404,025
6,884,854
"
41,340
$113,540
$107,810
3,592
$1,2',1,310
(,4,670
$1,549,553
16,962
\
income
Income
deductions
174,749-1.;'
—,
'
.■A
•'Y'
,
.,
,.
Net income ;
$96,579
$104,218
Earnings per com. shr.—597,866.86 shares,——
—V. 168, pp. 1049 and 788. 1
in
$6,684,854 $12,262,124
'
$9,515,343
<
1946
1945
railway—
$398,553
$339,686
$306,454
$282,088
railway—
64,382
40,091
"1,057
oper.,income...-
14,043
"5,020
"50,612
3,559,146
3,052,448
from
Net
ry.
such
of
from
Net
related
over
$2.53
}
iv Tennessee Central Ry.—Earnings—f;
September—
/
1948
Y
1947
/"
Gross
sub¬
a
$1,505,631
$2.14
174,749c ;Y5;"-----
-
in-
of
43,921
$1,276,640
„
.
cost
assets
$1,508,212
19,734
1,451
-
•"
$10,157,733
$1,321,576
2,194
(net).
7,111,318
■
;
subsidiary——-/
$112,089
income-
oper.
income
,
4,978,752
-
upon
officer .of
an
of
Other
41,797
$5,202,521
$1,906,102
,
5,443,063
pro-
received
of
-
64,958
Gross
income
life
r:
books
its
at
40,814k
2,350"
From Jan. 1—
Gross
of
time
943,732 /
acquisition __:
Dividends
paid
-
from
557,212
railway—
12-
1
11-15
28c
12-
1
11-
$1.12%.
ry.,open
277,954
2,658,350
255,170
69,498
12-15
3
11-30
-of
Net
2,630~489
$8,161,806.
per
share
COMPARATIVE
-
$6,884,854
$0.91
$2.16
CONSOLIDATED
$8,161,806
$2.47
BALANCE SHEET,
ASSETS—
,
U.
"112,081
"131,013
on
securities,
hand
incident
——
to
business
ing
investment
2,922,628
$1.14
SEPT.
—
funds
Natural
under
for
contract
other
buildings and
assets,
—
fund-.;
cost less
Prop,
Prepayments
and
deferred
9,488,748
7,931,913
199,706
2,465,159
2,170,174
107,925
97,734
1,307,330
998,999
aprop.
94,000
78,000
1,080,000
999,500
oper. revenues—
income
$554,361
$440,397
$4,681,595
$4,012,567
3,436
943
28,794
11,448
$557,797
$441,340
$4,710,389
$4,024,015
98,791
62,335
919,247
847,819
$459,006
$379,005
the period
$3,791,142
375,678
$3,176,196
375,678
$3,415,464
$2,800,518
3,132.977
Net
612,112
Other
2,713,330
3,318,514
5,258,019
4,896,043
399,290
438,635
less
848,665
—
Gross
income
Net
income
Preferred
611,822
184,178
—___
508,853
Balance'
332,408
139,288
232,388
charges
——
Notes
-V.
Accounts
Advance
payable
within
for
taxe3.^
loans,
liabilities
Defeired
Reserve
Minority
—
$46,126,814 $32,436,376
contracts
less
amount
—
—
interest
in
under
I——
55,000
110,000
3,566,702
1,926,659
505,350
from
-
—
Net
ry,
Gross
-
105,791
5,000.000
8,926,605
6,884,854
11.-17
!.—
50c
12-
1
11-10
-V. 168, p. 1626.
income..
oper.
1945
$171,976
^34*620
90,634
57,709
41,523
*
V
70,161
2,396,303
2,186,921
1,861.406
1,670,449
railway——.._
874,840
938,673
536,839
558,199
income.—
276,859
452,832
223,748
283,525
from
Net
from
Net
ry.
railway—
oper.
"Deficit—V.
168, p. 1487.
Texas & New Orleans RR.- -Earnings—
93,320
812,167
5,000,000*
8,926,605
8,161,806
———
1946
$215,333
72,565
18,131
From Jan. 1—
2,845,000
304,769
1,362,421
—
Total
1947
$213,076
19,6C6
railway.
railway
current
stock (2,104,391 shares r.o par)—
surplus
;
1
■—J, C
————
Earned surplus (since Jan. 1, 1938)
11-15
from
Net
3,318,514
2,715,000
1948
$241,731
September—
;
2,713,330
(per contra)
retirement program——
capital stock and surplus
subsidiary—
$300,000
1,608,116
.1,179,807
-
credits
for employee
$2,000,000
9,183,056
958,318
due
—.-—,
i——/—-
liabilities-—
funds under
Mortgage
of
—
payments
or.e
accrued
Clients'
—
——
loans
(amortization
year)-—
Mortgage
Other
—
payments by clients———
Provision
12-
11-18
——.w—■——.
168, p. 1487.
Gross
(bank leans)—
payable
Capital
3
requirements fox
reserves
——
Capital
12-17
—_
dividend
5,851,636
6,238,558.
Texas Mexican Ry.—^Earnings—
11-30
12-
—
Int. & other deduc. (net)
494,274
re¬
LIABILITIES—
11-15
25c
—
—
383,891
—
Total
11-30
(50c
—
J
taxes
taxes
retire, res.
207,039
—.——
—;
—.——
746,739
316;439
Other
3,376,726
less-—_
interests,
real estate, less
at
2,000,077
1948—Month—1947
1948—12 Mos.—1947
$1,562,576 $19,022,832 $16,113,153
$1,880,231
807,506
Federal
$7,813,143
10,380,141
contra)——
cost or
expenses
—
-——„_
and equipment,
depreciation..
;
for
196,438
2,790,990
—_—___—
program
other
Furniture
Other
at
mineral
for. depreciation
serves
(per
depletion—
retirement
Employee
Office
and
gas
reserve
$14,256,197
revenues
Operating
30
1947
1,143,996
——
investment securities,
Other
:
Period End. Sept. 30—
Operating
—
notes and interest receivable
charges under contracts—
Clients'
573,168
v
bank¬
——-—__———
Accounts,
Unbilled
168, p. 1437.
,
Texas Electric Service Co.—Earnings—
$6,884,854
securities-—;—_——_
Government
Other
1948
Y
banks, and
in
S.
12-15
1
income—-
surplus at end
period
income
25c
31 Vic
railway
"Deficit.—V.
$1.20
>
from
Net
—
3,156,586
1,052,195
■
Net
943 732
.
$46,126,814 $32,436,376
1947
1946
1945
$9363,317
$3,139,987
$8,599,955
3,033,585
1,230,339
2,454,934
2.171,813
908,597
1,567,831
1,437,707
83.384,372
76,157,635
92,632,094,
railway—**—
95,304,194
25,914,516
25,880,984
10,760,683
10,619,058
14,825,986
10,377,462
35,964,083
incorne-i.
September—
1948
Gross from railway— $10,752,535
Net
from
Net
ry.
railway——
oper.
income.—
1,754,053
From Jan. 1—
Gross
from
from
Net
ry.
1
Woolworth
before
Federal
income
Net
Manufacturing
2,588,644
502,239
10-29
Rubber
Common
Will &
664,745
296,536
1
11-15
10c
i
—;
11-
15C
(quar.)
Whitehead
37»/2c
—~
—
11-16
10c
(S.
White's
709,151
619,376
32,112
Inventories
Stationery Corp.—
5%
3% %
497,591
49,480
Cash
75c
Tablet
2,930,996
—
debt
to minority
Earned
$7
Western
$6,790,308
ad¬
general
100,270
I
*f
Western
1947
$6,430,306
—
and
During the third quarter of 1948, shipments of zippers continued on
level comparable to that of the previous three months.
As a result,
earnings for the third quarter were the equivalent of 61 cent3
218,760
641,761
of
1948
operations.
accordance with company policy
two
subsidiary as shown by
11-30
(quar.)
(quar.)
I
preferred A (quar.)
preferred A (quar.)
168,
11-30
—;
/
nine
10-19
50c
from
income
for
Net
513,131
$2,362,228
net
4
$1.50
profit
(axes
;
l—-iu—
vestment
1
12-
(quar.)
Common
:
$1.60
the issue of
net
se¬
Total
.12-1
12-11
Ry.—
•
preferred (accum.).
;
by
shares.—V.
a
129,433
Excess
11-15
12-
12-20
—
Paclfle RR. Co.;
1,206,550
to
1,093,829
Maryland
1st
Western
shares
968,485
•
1—2,223,758
deprec.
sidiary
West6rn Auto Supply Co. (quar.)
Western Condensing Co.—.—
■
.
1
17'/2c
(quar.)—_
,006,550
increased
was
earnings for the first nine months of
1948, however, do include $55,893, received as a dividend from Lightning
Fastener Co. Ltd. during the second quarter of 1948.
$5,137,563
11-15*.
12 '/2c
(quar.)
preferred
from
stock
2,375,469
•V 10-31Y,
West Virginia Coal & Coke (increased quar.)
West Virginia Pulp & Paper Co.—
4 %%
$2.32
$0.46
common
2,264,535
.<
74,893
a
25c
.*
preferred
$6,586,443
$1,873,990
c'eeds
1
12-
75c
West
$5,268,361 $12,917,495
104,192
death
11-15
75c
$0.27
$1.00-
1,006,550
Earnings of Lightning Fastener Co. Ltd., wholly owned Canadian,
subsidiary, acquired in December, 1947, amounted to $275,395 for the
$4,490,441
Net
11-24
———
$2.01
1,044,506
,
ginning of period—
/ 11-13
12-
$1
$0.27
1,006,550
of
tbc
1948,
income per share of
preferred requirements)
1948—12 Mos.—1947
789,409
(net)
amort,
Earned
55C
-
$0.42
1,119,593
shs.
outstdg
shares,
Utility
(20c
._
(quar.)—
and
11-10
75c
Wentworth Mfg. Co. (quar.).*——
Wesson Oil & Snowdrift Co., Inc.^.
for
AppUc.
11-10
11-20
11-24
20c
1,006,550-
number
shs.
Net
Frov.
•
Balance
11-15
12-15
$1.13
—
-
expense
>
_
1,608,917
1,206,550
wholly-
a
536,959
-—
depletion
Int.
11-15
35c
—
2,428,049
advertising, shipping
ministrative
expenses
(& Subs.)—Earnings—
1,726,296
taxes—...
Net
Waterous, Ltd., Class A (quar.) —
Engineering Co. (irreg.)
Welsbach Corp., class A
Co.
Other
11-12
50c
Wellman
Sugar Corp.
1
25c
_
269,132
1,006,550
Selling,
made for exploration
the concessions.—V. 168,
in
801,933
int.____
Fed/taxes
income
Ltd.—
—
1
in
expenses^—
7-15
12-11
$1
—
(quar.).
12-
40c
!
and
for
Prov.
4-15
37 %c
Co
Oct.
on
through
-
uiLl——1— $15,756,927
General
1-14
5-2-49
*
514.559
1,206,550
com.
Aug. 9,
being
are
$10,718,791
earnings™-—
Total
11-12
C.)
West Ohio Gas
.Other
11-19
——,
298,458
$1,907,375
stk.
Nine Months Ended Sept. 30^-
1
1
(quar.),-*—-——
of
avge.
Gross
in¬
investment
on
curities, etc.
11-15
1
37i/2C
convertible preferred (quar.)—
Warren Petroleum Corp. (quar.)
West Indies
2
11-30
$1
—
preferred
12-
10c
-
25 ",668
950.
u
other
—
Dividends
30c
$2,7x4,717
99,266
Talon, Inc.—Earnings—
company,
■
banking bus.
Rents
W
Profit
$3
$4
•
1
& Worts,
the
1,628,710
vestment
12-
Company, common
preferred
(quar.) i.
Warren
1-2-49
and
income incident to
11-12
Increased
Warren
1
11-27
37»/2c
(H.)-Gooderham
Swasey
1
12-
7
12-10
—...——
Walker
&
12-
12-
Prov.
preferred (quar.)
Warner
12-20
12-20
75c
——
on
:
underwriting
and trading, and misc.
$1,25
(quar.)
*
Securities
(12c
$366,398
share
per
no.
200,000
distributed
1948—9 Mosl—1947
services
40c
common
that
Arrangements
and
con¬
services
struction
11-15
preferred (quar.)_
6%
preferred (quar.)
Vogt Manufacturing Corp.
^■
was
development procedure
Period End. Sept. 30—
11-15
————,
1,122,759-
shares-
common
Net
1
Virginian Railway—
6%
preferred
(quar.)
6%
preferred
(quar.)
Co.,
Alberta.
Stone & Webster, Inc.
———
(quar,).
*
Gorporalion and
.
1
(irreg.)—.;
3,030,134
1,583,530
pfd.
cum.
on
of
"On
advised
were
determine
12-
Virginia Coal & Iron——
Virginia Dare Stores, class A (irreg.)
Virginia Electric & Power, common (quar.)
$5
preferred
(quar.)
Walgreen
to
12-
62 %c
4,308,247
82,129
98,855
34
Earnings
.
'
1—
.
1945.
p.
11-15
$1
450,527
376,300
on
outstdg. In the period
Earnings per sh. based
15.
northern
in
22 V2C
_—
989,715
taxes
.
on
"Avge.
tax.
.
$21,638,054 $71,735,038 $69,394,419
$613,415
Fed.
common
subsidiary, has been qualified to do business in the Province of
Engineering
(quar.)
Verney Corp. (quar.)
Viceroy Mfg. Co., Ltd.
Chemical
Oct.
Supervisory
Inc.
income
ia
1948—9 Mos.—1947
..
income
on
No.
Canada, has acquired a one-fifth undivided interest in ap¬
proximately 4,000,000 gross acres of concessions for oil and gas leases
11-10
_
Syndicate,
Jamaica
70%
Federal
Earned
dividend.
Alberta,
11-10
11-26
25C
(quar.)
1948—3 Mos.—1947
$23,524,962
income
Divs.
11-19
10-29
50C
common.....
preferred
3
tax.
u———1
$1,061/4
Vanadium-Alloys Steel
Vapor Heating Corp., 5%
income
stockholders
owned
12-15
12-10
—_
(quar.)
Knitting Co.,
1-
before
for
Net
11-19
12rl5
$1
Approximately $500,000
7,500 holders of preferred stock.
to
11-15
20c
Upson-Walton
Vick
30%
payable
12-16
12-
$1.25
Upper Canada Mines, Ltd——
$1
this
$1.28
and
1946
7-20
(Continued from page 14)
12-16
1-1-49
62 %C
—
allowances
taxes
15%; resident tax 7%.
10-31
Inc.—
preferred
for
287,000
$3.32
1948, 1947 and
4-20
37V2c 4,-30-49
37V2c 7-30-49
(quar.)_i
closed
$5.10
in
1049.
p.
income
Investment News
11-15
....—
preferred (quar.)
Winding Co.—
convertible
(quar.)
10-31
40c
38%
Period End. Sept. 30—
Gross sales, less returns
Funds, less 15% Canadian non-residents' tax.
Canadian funds, tax deductible at the source.
Non¬
12-17
Universal
90c
11-JU
General
3
1-
— —
(quar.)
11-13
com.
11-15
$2.50
—
not
11-30
50c
—
of
11-19
12-14
$4.66
rate
Sylvania Electric Products, Inc.-Earnings-
11-13
11-29
S.
——Tn
10c
common....-
(quar.)
11-29
Prov.
U.
British
11-10
12-
the
2-19
11-10
1-2-49
at
168,
1-20
1
1945.'—V.
11-10
(quar.)
Oil
1
3-
$1
Mfg. Co.
books
tax
Less
a
11-16
(ypar-end)
preferred
$6
Consolidated
2-
—
resident
11-15
1
50c
Stores,
Universal
344,000
1-20
1
$1.75
Stockyards Corp.
344,000
^Provided
stock
70c
■
12-20
10c
Bxtara
30c
Ltd.—
Corp.,
3
Com.
12-10
in
12-
1
(quar.)
United
1-
(quar.)
Youngstown Sheet & Tube
12-15
62 %c
—___—
(quar.)_
common
344,000
11-20
12-20
11-15
12-
—_
Corp.,
preferred
11-20
1
25c
'
;
preferred (quar.)L'
convertible preferred (quar.)—
convertible preferred (quar.)—.—____
(Payable
12-
12-
&
S. Steel
7%
1
12-
15c
Tile
in
1
22 %c
Printing & Lithograph,
preferred (quar.)
11-lb
12-
Co.—
♦Transfer
$1
U.
$368,709
37%c 1-31-49
Fibre
Cab
(Payable
12-20
(s-a)
Foundry Co. (quar.)
U. S. Playing Card Co.
(quar.)
Pipe
11-30
25c
convertible
12-15
12-13
$1.06 Va
—
$1,144,762
Income
11-15
$1.75
—
preferred (s-a)
Society (Phila.)
$1,754,610
6-31
1
1-3-49
10%
—;
Loan
$1,602,290
6-15-49
1-3-49
62 %C
;—
.
% %
860,323
profit after taxes
Net
12-15
$1
Machinery Corp.—
preferred
(quar.)
Lines, common (quar.)
801,628
surtax
10c
11-15
22 %c
.
(s-a)
(quar.)
$^.00
1
25c
Hoffman
S.
U.
1
50C
(quar.)
%%
S.
4
U.
11-18
12-
1-3-49
25c
50c
(quar.)_
_
S.
4
U.
53e
(interim)—
45c eonv. pfd.
Finishing Co., common
preferred
(quar.)
7%
U.
53c
Manufacturers
&
1,158,148
11-15
\
.
1
12-
and
tax
1
12-
and
6%
prior
Merchants
982,048
1
12-
12-15
2-28
6%
preferred (monthly)
prior pfd.
(monthly)
prior preferred (monthly)
6%
12-
12-15
$2,584,338
/
^'..1..
contingencies."."
normal
3-15-49
Yellow
prior preferred (monthly)
6.36% prior pfd. (monthly)
United
12-20
1
Yankee
7%
6.36%
1945
$1,229,032
"^Fed.
10c
6%
Light & Traction held...—.
1% prior preferred (monthly)
25c
$5
.1
Co.
1946
$1,846,390
100,000
shares outstand,^
Earns, per common sh._
5
10c
American
of
11-
50c
Worsted
1947
Common
of
rate
the
8
1948
135,000
for
12-15
but
issued
;
(montnly)
Co.
Extra
shares held.)
£0
not
12-
$1.12%
Corp
Jr.,
Sept. 30—
before taxes.™.
$3,047,758
Res.
$1.-12%
(s-a)
preierreu
.
„
Wysong & Nilej^ Co., common
United Light & Railways Co., common—
(One share of American Light & Traction
Fractional shares
pre-
Common
Extra
common
6%,
Monthly
Ltd.—
preferred
Improvement
for
53
Sutherland Paper Co.—Earnings—
9 Mos. End.
Profit
Monthly
$1.75
—
preferred (quar.)
United Fuel Investments,
Holders
25c
11-16
20c
Special
prior
(2053)
Payable of Rec.
3%
Aeronautical
(Wm.),
Special
75c
7 %
When
Share
'
Ltd.—
receipts
Mig., 5%
75c
(quar.)
CHRONICLE
Per
:
Wrigley
12-10
(25c
—
(quar.)
Extra
United
W.),
deposit
(s-a)
Worumbo
25c
(quar.)
United Electric Coal Cos.
1
Worthington Pump & Machinery Corp., com.
4%% convertible prior preferred (quar.)_
4%%
prior preferred (quar.)
1
25c
Class
(F,
ferred
Inc.—
—.
;
.
'
.
Payable of See.
$1.25
Circuit,
(quar.)
United Corporations,.Ltd.,
6%
<
FINANCIAL
&
'
v
American
$1.25
preferred (quar.)
—
Lines, 4%% preferred (quar.)_
Artists'
5 '!o
Holder$
Corp.—
convertible
United'Air
When
COMMERCIAL
railway_s—
oper.
'Deficit—V.
168,
p.
1487.
11,094,277
4,599,320
666,799
303,004
8,358
_
2,071,855
$5,968,557
81,712
2,121,044
$293,940
$4,907,095
$3,765,801
66,150
—
Net income
-V.
$7,055,698
234,698
$534,108
9,474
230,694
$646,211
income
charges
$5,354,550
614,007
$467,958
$889,766
8,857
income-
deductions
Misc.
Fixed
$6,323,232
732,466
$796,267
93,499
Net ry. oper.
Other income
revenues
1.2,119,237
913,115
—
$1,907,986 $22,070,160 $19,360,995
10,767,494
9,665,284
879,049
2 /3,255
2,830,038
2,286,073
91,783
£0,740
957,625
136,000
120,000
1,130,618
1,618,000
_
(net)—
3,316
$5,719,050
$544,676
1,285
$347,962
8,604
revenues—
1,610,000
4,960
$4,838,697
9,476
266
542
term investments
oper,
income
61,583
$4,848,173
$5,780,633
$545,961
$656,566
—
de¬
other
and
Interest
111,199
1,599,953
1,272,859
$513,288
$434,762
Preferred stock, dividend requirements.—....—»■
$4,180,680
865,050
$3,575,314
ductions
(net)
143,298
——
Net income
.....
865,050
168, p. 1487.
—V.
The
1,236,031
1,210,864
1,152,178
$500,815
Selling and administrative expense..
$3,065,740
128,261
$2,360,066
Net operating profit.
Other income,
196,024
956,869
'
$696,839
613,346
144,100
$3,194,001
444,544
972,200
$3,316,935
434,763
1,048,557
t $60,607
$1,777,257
273,377
$1,833,616
341,719
$1,503,880
395,709
$1,491,892
364,548
$3.80
$4.10
Total
and
other deductions.....
Provision for Federal Income tax—
Net
profit -——....—
Preference dividends paid..
*.
273,377
shares
t$333,984
—
.
Balance available for com.
Earned per common
<
395,553
outstanding—
shares
Common
Nil
share.........
tLoss or deficit.—V. 168, p. 988.
Tide Water Associated Oil Co.—Private
Financing-
Negotiations are said tc be In final stages between the company and
and insurance companies for a substantial loan,
considered
about $40,000,000: It is understood this may be split about $25,000,000
and. $15,000,000 between the two types of lenders. This borrowing will
give the company, if it is carried out, its .first funded debt since last
April when the company paid off the last of its then outstanding debt,
—V. 168, p. 1627.
banks
Water
Tide
Offered—Offering
Co.—Stock
Power
share.
a
of
'
,
COMPANY—Company is
section
of
public utility
a
North
company operating in
Its
principal business
Carolina.
the
forth
set
The
power
operating revenues were approximately $4,591,000, of which
approximately
82%
was
derived
from
electric business
and
17%
gas,business.
PURPOSE—The
Company.,,has no subsidiaries.
net
extensions
incident
to
new
of
proceeds
service,
heretofore
consumers
added
hereafter
and
to
the
company's lines.
A part cf the proceeds will also be used to repay
$200,000 of bank loans effected Oct. 15, 1948, and otherwise reimburse
the treasury for expenditures already made for such purposes.
in
its
Nov.
registration
GIVING
LONG-TERM
EFFECT
AND
DEBT
PRESENT
TO
for
have
been
share
one
included
securities
1st mtge. bonds, 3Vs%
Advances from REF_
1st
scries due 1975-Not specified
in.
the
of
statement
embodied
(no par)__
is
It
*12,500 shs*
500,000 shs.
475,572 shs..
underwriters and
reissued
as
the
number
No. of
No. of
Shares
Securities Corp
Shares
*
12.250
Straus
Langley Ac Co._-.__-..
12.25Q
Bateman,
&
Blosser
6,000
Eichler &
Dillon & Co.—
8,000
A. C. Allyn & Co., Inc.—
7.500
6,000
Co.,
Hemphill, Noyes & Co.—
6,000
Mason-Hagan,
E. H. Rollins & Sons Inc.~
—V. 168, p. 1945.
6,000
Boettcher
5,000
Co
Johnson,
Paul H. Davis & Co
Johnston, Lemon & Co.—
Lane, Space &
tEarnings
4,500
per
common
gross
from
462,126
Oct. 5, '46
450,630
$0.98
for
delivery of natural
York,
signed by the
subsidiary finance
outstanding.
stock
Tishman Realty & Construction Co.,
Inc.—Larger Div.
15,,
1948.
The
quarterly dividend of 35 cents a share
payable Dec. 30, 1948 to holders of record Dec.
stock,
action
basis, compared with
places
a
$1
a
the stock on
previously.
1948, following
declaration
share for the year, payable
a
$1.40
annual
dividend
by
the
of 25
board
of
cents a
a
share
disbursement
25 cents quarterly.—V,
167,
Jan. 8,
of
$1
_Barnard Townseud, President,
Maser,
and
the
York
New
gas
metropolitan
and the
company
on Nov.
Department
9 announced that Herman G.
construction
loans,
Mr.
Maser
of
is a professional
engineer and was
building construction firm of Thompson
Btarrett Co., Inc.,; of New York City.—V,
168, p. 1487.
the
6,114^41
^
Fanners Trust-Co.,- New York, N. Y.t is trustee,
$15,948,000 of first lien and refunding
bonds, series C, 3 xk % due Oct. 1, 1973.
(See offering in
1736.h—V. 168, p. 1946.
C.ty" Bank
mortgage
V. 138, p.
,
Wabash
RR.—Earnings—
'
Net
1948
1947
1946
1945
$9,095,886
$7,713,769
$3,615,138
2,680,985
SeptemberGross from railway____
1,726,048
■;' 611,694
1,020,832
506,743
$6 297,437
1 ,381,191
625,065
.
from
railway
Net ry. oper. income___
Gross
1,244,930
-
Net
to seven utility companies in
area
and Philadelphia have
purchasing utilities, it
was
an¬
'68,870:475
58,432*729
70 ,969,942
17,756,804
10,009,492
25 215,146
9,445,978
7,160,485
4,621,899
6 ,842,634
income—
oper*
ry.
—V.
168, p. 1406.
Walgreen Co.—October-Sales Show. Gain of 7.4%—:
Period End. Oct. 31—?
Service Electric & Gas Co. of New Jersey, 70,000,000 cubic feet
Union Gas Co., 60,000,000; Philadelphia Electric, Co.,,
20,000,000; Kings County Lighting Co., 7,500,000, and Brooklyn Borough
Gas Co., 7,000.000;
■
Trans-Continental is building a gas transmission, system which will,
link New York City and sections of New Jeysey and eastern Pennsyl-.^
vania to natural gas fields in Texas and <Iriuisiana. .Under5.the; eontracts just signed it is expected that-the .utility comparries wllL be
receiving natural gas through the Transcontinental, system by ; the
late fall of 1950or early 1951.
Completion of the Trans-Continental system " will mark the- first
delivery of natural gas in New York City. It is the intention-of • the5
contracting utility companies to use the natural gas as ^substitute"'
for oil in the- manufacture of gas, a step which it. is- estimated-.will
reduce,gas manufacturing costs of the signing companies by an.aggre¬
gate of $25,000,000 to $30,000,090 annually.
Trans-Continental's projected main transmission line will * be'ap¬
proximately 1,840 mileV long and will have an estimated delivery "capac¬
ity of 340,000,009 cubic feet of natural gas per day. The maim^teaiMrr-?
mission line will-start at a point in the Rogers Lacy gas field near'
Mercedes, Hidalgo County, Texas, and vwill. traverse Texas, Louisiana,
Mississippi, Alabamai Georgia, South Carolina, North Carolina, Virginia,
Maryland, Pennsylvania and New Jersey, terminating at the east? bank
of the Hudson River at 132nd Street, New York City,
,J..
•
A hearing was held Nov, 8 before the Federal Power Commission on
the application of
Trans-Contiiiental Pipe Line Co., Inc., a Texas
corporation, to transfer its certificate of convenience and necessity; and
its assets and. contracts to its subsidiary; Transcontinental Pipe: Line
,
.
Corp., a Delaware corporation.—V. 168, p. 1841.
1948—Month—1947
1
.
Twin City Rapid Transit Co. (&
Nine Months Ended Sept. 3C—
Nine Months Ended Sept. 30—
Net sales
Profit
and
taxes
incl.
(not
Federal
13,362,385
$386,432
Gross
insome.
Interest
16,713
29,288
before
5,554.
3,808
funded debt
on
Miscellaneous
debits—...:
Federal taxes
on
_
income——
143,803
and
•Based
p.
*
i628v
Fed,
$i,369t^>.' $1,313,016
•
revenue
762,483'
7,966,280
127,506
1,968,910
145,431
.84,166
113,381'
84,166
1,687,029
1,010,000
$225,480
$3,974,414
$361,436
—
*
Income
343
..
.
,
693
;
.
$361,779
- ;
$225,173
5,709,623
.
'
1,978,922
" 1,349*254
„
1.010,000
53,843,584
63;084
37,095
r
$4,037,498
80,018.
—
income
$3,880,679
933,227
1,141,940
$3,104,271
78,985
——$281,761
:$2;738,739
-
$147,188
Divs. app'ic, ta preferred stock for the period
210,000"
,«
'.Balance
,
210,000
$2,894,271
168, p. 1050.
Weeden *& Co.^-Earnings—
'
-
£
•
1948
1947<
$94,303,495 $77,874,841
—
Gross ■ income
$2,528,739
_
Nine Months Ended Sept. 30—
Sale's
• *
other / de¬
ductions (net)
—V.
-
other
Othef 'income (net )a._—;
Net
*
659,140
.
Prop, and other taxesProp. retir," ;res*. approp.
and
"
$16,606,633 $13,891;383
119,087
expenses
oper.
1
1948^liifontb-—19471948—12 Mo's;^1947
Federal taxes
Net
168.
_-'r' :/
revenues ^—*4
income, and
■
..
992,172
$1,890,995' $1,580,774
$i.39: ; >v $1.16*'
Washington Water Power. €0.—Earnings—
Operating
Operating
168,809
1
stock outstanding,—V.
common
.
423,167
\",
1,189,794
j
1,368,^58 shares bf
on
-
3,164,922
■
165,130 ;'
• ,.487,980
incomc_—_-_i—__—_
on
Period End. Aug. 31^ :r
v
160,423
3,733,899/
.-
taxes
•,
:!
taxes
Net profit
•Earnings
185,333
$64,192
-
—
Provision for
7,581
.
debt___.
of discount
;
fntexest,. depreciation
1
1948 1947
: ■
$30,792,548 $27,568,962
Interest charges
Depreciation-—..
$399,880
7,581
1
__
funded
on
$370,591
$403,146
182,015
Operating incomeNonoperating income
11,494,262
A—•
on-rincome
.
1947
_^.*—$13,748,818/ $11,864,854 "
taxes)
"
(
Interest
'
^
1628.
p.
Walworth Co* (& Subs.)r^EarningSr—,
1948
revenue.*..*—
exps.
Subs.)—Earnings—
*
1948—10 Mos.—1947
$13,820,533 $12,869,385 $133,574,935 $124,637,855
168,
Gross
Operating
Operating
-
21,671,843
79
front
railway-—.
Net from railway—
per day; Brooklyn
-
-
536,909
358,627
$42,733
.
'
Expenses
and
taxes^
478,444
:
341,114
'
'■
Net
income-..——-—
-
—V, 168, p.
;
$17,513
Net,income'#$58,465,
788.
CONDENSED* BALANCE SHEET, SEPT. 30, 1948
Union Carbide
&
Carbon
sales
(net)_,
(& Subs.) —Earnings
Corp.
ASSETS-^-Cash, $185,088;
—
after
depreciation),
total,
Interest
on
Income
taxes
2.70%
selling,
general,
.
promissory notes
(est.)
1,012,500
13,688,200
1,012,500
15,294,510
;i—.
10,108,000
26,534,536
24,041,851
18,793,763
$0.92
__
Net
income
•Earnings
■^Based
stock
—•
share
per
on
split
$0.83
$0.65
—
the 28.807,314 shares
on
Net income
$7,364; prepaid
$3,223,607.
/
$2.55
share
As of—
Outstanding after the three-for-one
Total
months of
1948
have been
called
for
amounted $73,596,110
the
redemption
Winnipeg,
Total
oper.
requested
SEC
for
sell
$400,000
163, p.
of
Net
ry.
oper.
—
ry.
•Deficit.—V.
—
168,
p.
1947
1946
1945
$136,671
$166,217
$121,814
*29,068
*9,171
34,134
Fed. taxes
*10,874
20,912
13,592
1,230,169
1,408,050
1,149,906
1,028,875
5
*60,075
138,139
142,311
185,367
*102,898
:
31,338
61,325
121,587
,
Gross
Total
-r-V,
168, p. 1628.
7,535,371
on
30.290,483
6,088,975
3,787,905
5,775,642
4,942,264
4,734,071
6,846,659
/
>
713,602
7,886,200
re-
depict-*
5,160,257
_
_
.
.
384,0.96
5,888,910
——
income
416,534
5,663,670
6,383,603
t
-
,
597,085,
7,635,510
$12,489,335 $11,317,017 $16,249,626 $14,909,954
675,298
•
644,940
928,326
1,161,59a
.
income—™ $13,164,633 $11,961,957 $17,177,952 $16,071,544
income
on
sum.
Divs.
6%
pfd.
on
——$8,050,787
and
1948—Month—1947
$652,343
$452,849
..
1948—3 Mos.—1947
$1,712,366
.
$1,270,556
•Net
1,424,378
1,839,170
1,899,170
286,944
382,532
382,592
$6,339,465
for common stk-
for
1,424,378
286,944
Bal.
Of
6.647,373
$3,424,171
7%
stocks^—
A stojk,
Clim.).
share
4,917,227
.
$5,333,408
$8,207,184
$7,142,403
$2.27
$3.50
.
class
($7
shs.
6,689,006
$7,044,730 $10,488,946
5,113,846
income-deducts.—-
Net
Per
Virginia Dare Stores Corp.—October Sales Up 44.1%—
Period End. Oct. 31—
35,495,687
4,652,361
.
26,233
1488.
Sales————
deprec,,
and
adjustments
,
Divs.
railway —
railway.—
oper. income.—
Net
for
1948—12 Mos.—1947
23,061,890,
,
4,394,003-
,
Operating incomenonoperating inc.
*33,385
from
"
Total
$114,227
,
income—
from
Dec. 31/45
1488.
1948
from-railway——
railway
from,
Dec. 31/46
(& Subs.)-^Earnings—
26,910,221
Fed.
Amort, of property aect.
Ry.—Earnings-
September—
Dec. 31/47
'5,722,615.
than
income-——
on
tirments
mortgage bonds, due 1978, to the Travelers Insurance Co,
company will use the proceeds io retire bank notes and provide
Utah
^
$60,949,640:.$53.683,4.43 $80,502,797 $70,848,87^
revenues—
other
Prov.
first
working capital.—V;
"
1948—9 Mos.—1947
Maintenance
Taxes
authority to
payable
<
expenses_:
Operating
Regina,
Upper Peninsular Power Co.—Private Financing—
company, has
Sept. 30/43
Period End. Sept. 30—
taxes
The
loans
cutstanding
West Penn Electric Co.
Dec.
Quebec,
Montreal^
Ottawa, Toronto;
Chatham,
Calgary and Vancouver, Canada.—V. 157, p. 3003.
$1,754,000:
assets
—V, 168, p. 490.-.
7, next, $250,000 of
46% first mortgage bonds'due 1950 at 101 and interest.
Payment will
be made at The Canadian Bank of Commerce in Halifax, Saint
John,
on
'
(secured),
$58,793,478 $43,908,802 $36,535,644 $26,911,309;
1,996,183
3,552,451
2,937,940
1,341,255,
Asset value -per share-—
$18.26
$20.02
$16.55
$16.65
Divs. paid per share—
$1.30
$1.50
$0.60
$1.00
28,807,314 shares compared with
1947, equivalent
the 38,807,314 shares.—V. 168, p. 1299,
on
advances, $14,396;
' ;.:v
and
expenses
/'"
■'
Wellington Fund, Inc.—Assets Higher—
Shares
first nine
a
•
payable
$296,817; total, $3,223,607.—V; 168, p. 1628.
.
April 21, 1948.
for the
re-;
(unsecured); $200,000; preferred stock dividend payable-Oct. 1, 1948,,
$3,0p0; due ta customers (secured), $900; accrued expenses and reserves^
$54,629; reserve- for taxes, $27,000; 4% conv preferred stock, (6,000
shares),- $300,000; common stock (27,000 shares), $587,261; surplus*
—
—
goods sold,
inventory; $2,786,354;accrued iiit6rest<
ceivable, $14,400; bid deposits, $54,500; due from customers (secured)*
$160,992; due from customers
(unsecured>, $513; fixed assets (net
Sept. 30,'48 June 30,*48 Sept. 30,'47
$
$
$
161,213,008 151,931,840 130,907,812.
3,411,181
1,487,805
1,990,534
returns
164,624,189 153,419,645 132,898,346
"
'
and administrative expenses—— 117,846,433 108,297,108
99,992,105
Depreciation and depletion (est.)—
5,542,520
4,773,676
4,004,478
Cost of
Net
will head the company's mortgage investment
estate department.
This new department is included in the
division activities and will specialize in the
formerly associated with
The
22,446,032
8,191,065
-
paying agent and. registrar for
-
From Jan. 1—,
1736,
financing
railway—\:
income™
oper.
Public
a
Vice-President,
real
banking
1949 the
units and
—v.
Gross
Title Guarantee & Trust Co., N. Y.—New
3,732,243
from
ry.
27 936,759
railway
Trustee and Registrar—
York, Inc., which will take 100,000,000 cubic feet, of gas per. day;
Net
on
19,019,400
5,644,174
6,341,019
Net
Net
New
Gross
basis
The company paid an intial dividend
27,138,558
11,063.628
6,649,840
.918,052
income—
oper.
from
Sales
The
the capital
10.159,246
ry.
nounced Nov. 4 by Claude A. Williams, President of Trans-Continental.
The companies which have contracted for supplies of natural gas to
be delivered
by Trans-Continental are Consolidated Edison Co. of
4 %'
The directors have declared
584,902
498,022
From Jan. 1—
$1.69
fees. of
common
1945
$2,079,381
537,177
392,579
Gross
782,938
$1.31
1946
$1,931,959
1,193,407
765,610
From Jan. 1—
to $1.90 a share on
$6,763,516
of
1947
$3,087,912
1^73,936
from
Net
1,500
$6,579,963
finance
1948
$3J279,839
railway—-—
Net
Signs Contracts for Delivery of Natural Gas to New
York and Metropolitan Utility Companies-
2,000
Oct. 4, '47
shares
,
.
September— «
from railway—
companies.*
Inc
$7,930,699
share—_
income
on
as
on Nov. 3 directed that jhe common stock be; not j
dividend until further notice; and that all certificates
Nov. .12, 1948,, must be accompanied by due-bills..— ;
1946*
168, p.
,
Company-
604,846
—
taxes—
(Based
transferable only
be
1,
the registration /
stock to be,
common
Exchange
Gross
that the public offering of these securities will
about Nov. 22. 1948.
Simultaneously with such offering
will offer to its present stockholders rights to subscribe
for 2,250,000 shares of common stock at $10 per share.
/The balance of the cost of the pipe line is to be financed by tha sale ~
of $143,000,000 of 3%% first mortgage pipe line bonds to insurance s-
equivalent to
—V. 168, p. 1049,
on
the
net income of $54,865,182 for the first nine months of
—
and
Oct. 9, '48
——
•Including
company,
Oct.
of
shares
Virginian Ry.—Earnings-
the
to
Union Gas Co. Of Canada, Ltd.—Partial Redemption—
40 Weeks Ended—
profit after
Until
3,000
Inc._
Tilo Roofing Co., Inc. (& Subs.)—Earnings—
•Sales—
with
26
or
on
There
Net
Oct.
follows;
'
Eastman,
V.
company
Total income
9,500 shs,
been reacquired and. may not be
UNDERWRITERS—The names of the
of shares to be purchased by each are
W. C,
The
quoted ex said
delivered after
plans which
amendment
an
to
LIABILITIES—Notes
$5,100,000
•
«
the com¬
contemplated
be made,
Other income
49,242
*_•'
.—
•Of Which 500 shares have
Union
filed
in
stock.
common
units will
(less discounts,
and allowances)
Outstanding
'
——
pfd. stock (no par)
Common stock
its financing
common
-
not separately.
Gross
CAPITAL STOCK
Authorized
cum.
FINANCING
"
*
$4.25
that
9
to the additional
stockholders.
relating
Oct.
subscribe
Dividend—
notice ;.frem
business day before the effective date of
the last full
offered
1, 1949 and Dec. 20, 1949 at $10 per share.,
These securities are to be offered in units, consisting of a 5% note '•
($100 principal amount), one share of common stock, and. a warrant
to
received
has
the close of
Quarters Ended—
CAPITALIZATION
Stock'Exchange
of the .declaration of: the . usual, quarterly dividend, of 30c per j
payable Dee. 11, 1948, to common stockholders of record at ■
business on Nov. 12^.1948, or such later date as shall be
share,
be
Amorc.
are to
be used by the company to
primarily electric service, to new cus¬
tomers, and additional or enlarged sub-stations, transformers and
other distribution facilities
required to handle the Increased load
finance
pany
commence
announced
modifications
between
1947 total
from
that the hearing on the charges con¬
of June 24, 1948, against this cor¬
at the offices of the Board at
York
New
to
Corp. of $26,500,000 of 5% notes due May. 1, 1951 (which
payable at maturity by delivery of cumulative preferred stcck
$5 series at the rate of one share for each $100 principal amount), of
265,000 shares of common stock, and of warrants, for an additional
265,000 shares of common stock.
The warrants will be exercisable
is
and light to residential, commercial, indus¬
trial and
municipal customers.
It also supplies manufactured gas
and water in parts of the
territory.
For the year ended Dec. 31,
supplying electric
The
the
have been somewhat modified.
SEC
80,000 shares of common stock (no par) was made Nov. 9
by a banking group headed by Union Securities Corp.
and W* C. Langley & Co. The stock was priced at $7.25
southeastern
Virginia, Electric & Power Cq.^-Ruling on
of
Governors
7, 1948.—V. 168, p. 1945.
corporation
been
.
$16,751,328 $19,499,620 $17,346,695
-i—15,014,482
15,223,016 13,834,451
——
Cost of sales-————
Interest
of
complaint
scheduled
New
1946
1947
1948
Months Ended Sept. 30—
Sales, less freight, discounts, returns
and allowances
Board
the
Transcontinental Gas Pipe Line Corp.—Files Amended
Registration Statement—To Sell $26,500,000 Notes and
Common Stock—$143,000,000 Bonds to Be Placed Pri¬
vately—
Contracts
Co., Inc.—Earnings—r
Thatcher Glass Manufacturing
12
1948
statement
the
Gross
Board's
the
be
10:30 a.m. on Dec.
will
1948—12 Mos.—1947
32J.835
taxes
Prop, retir. res. approp.
Amortization of limited-
Net
5,
Securities
Go.—Earnings—
1948—Month—1947
Operating expenses
Other income
Nov.
statement which contemplates the public offering through
underwriters headed
by White, Weld' & Co. and StonS <& Webster
Texas Power & Light
Other taxes
in
Monday, November 15, 1948-
Corp.—Hearing to Be Held Dee. 7—
on
Federal Reserve System ordered
tained
FINANCIAL CHRONICLE
&
registration
Period End. Sept. 30—
Federal
meeting
poration
were
1405
168, p.
Operating
76,748
its
At
1948—9 Mos—1947
'
$5,530,131 $58,034,000 $45,550,338
4,364,077 42,990,703 34,630,388
5,655,248
3,522,188
399,463
2,981,481
1,855,208
274,079
83,336
188,004
24,554
$6,373,748
(net JE>r),.
rents
Total
1948—Month—1947
'
Operating revenues^
Operating expenses—„
Hallway tax accruals—
Equip, rentals (net Dr)
lac.
Transamerica
Ry.—Results from Operation—
Texas & Pacific
Period End. Sept. 30—
Jt.
COMMERCIAL
THE
(2054)
54
on
com.
income
„
:
2/143,105
>
.
-*$2.70-
stock—
of
the
the-nine-months
company*alcne
ended
$1.09 per share of common
Sejrt.
stcck.
30;
applicable to its
1948,
was
common
S3.Q4
Stock
$2,576,176, equal to
'
Volume
168
Number 4751
THE
Weekly Output Shows IncreasePower
af
output
enieil
week
Nov.-
the
6,
electric
1948
"With
of
properties
8.27rU' over .the output of 104,348,000
of 1947.—V. 188, p. 1946.
of
this
totaled' 112,974,000
„
COMMERCIAL
company
kwh.,
for
the
increase
an
kwh. for the corresponding
of
week
West Penn Power Co.
Feriod End. Sept. 30—
(&
X-ray
taxes
of
sition
Fed.
income--.
on»
tor
Arr.ort.
1,761.031
depreeirt o.i
plant acqui¬
adjustments
taucj
Operating income
income
Gross
Total
$7,592,424
Net
Bal.
1.562,707
1,896,432
1,108,251
1,002,668
1,442,474
$7,290,148
—V.
168,
$1.58
$2.40
railway—_
railway.,—_
1943—3 Mos.—1947
sales:
the
deficit
and
for
pleted
15,159,081
Total
Earns,
Federal
Prov.
for
prov.
income'
for
'
'
'
.
taxes
2,979,586
inc. taxes
Fed.
1.183,'092
Net
earnings
S
The
ties
a
It
is
will
i
number
with
250
1.855
a
a
of
1,859,532
$3,934,703
$5.24
year
ago.—V,
ts
on
of
'
'
'
168, p.
R.
Lack,
of
the
company's
Radio
The
Bell
further
announcement
"Machlet:.
will
Income
Division,
Interest
Telephone
Laboratori
Laboratories,
these
designs,
x
tubes
with
for
full
Western
use
technique
tional
developed by Western Electric.
Rapfd
manufacturing facilities in the Machlett
Conn.,
will
rPo-"
production
to
begin
during
of
Electric
the
the
fall
be
switched
general
be
installed.
of
to
in
hand only
destination.
-
(chiefly
Western
on
in
of
from
of
Balance
*Net
sale
of
real
from
to
2,793,200
and
after
their
1946.
168, p.
Last
50
cents
of
record
last,
onlv
year,
one
this makes
share
per
Nov.
22.
total of
a
dividend, 30 cents
$1
share,
per
p. 1946.
1948—Month—1947
„
1948—10 Mos.—1947
$51,970,337 $4(2,959,466 $435,696,418
C.
Jordan,
Vice-President
and
General
Manager,
has
been
director.
a
number of
a
engine types for
is announced.
it
program,
manufacturer
military
standard
of
aircraft,
the expanding U.
is
now
S. Air Force
company recently received from
order for engines, including its newly
compound
turbine
engines and
engine.—V.
is
the U. S. Navy a $32,000,000
developed Wright Turbo-Cyclone
the new Wright Typhoon
167.
flight testing
now
lasa
».
(Wm.) Wrigley Jr. Co.—Special Dividend of 50 Cents
The
directors
share
per
cents
12,730,782
3,039,387
2,114,000
*7,577,395
—V.
on
per
on
Nov.
3
declared
a
special dividend of 50 cents
the capital stock, payable Dec. 1 (in addition to the
share already' declared, making a total of 75 cents
pay¬
been
1,256,230
able Dec.
1).
An extra
of
50 cents
also
was
paid on
Jan.
2,
this
year.
Regular
monthly dividends of 25 cents .each per share have also
declared, payable Jan. 3, Feb. 1 and March 1, 1949 to holders
of record on the 20th day of each
preceding month,
:
168,
in
1948
will
total
$4
share,
per
against $3
paid ,in
1947.
1090.
p.
2,824,495
Yale
1,568,265
A
tPrincipally net profit from
estimated
Federal
income
tax
& Towne
meeting
increasing the "authorized
shares.
Under
the
plan,
such additional shares
,
CITY
Mfg. Co.—To Increase Capitalization—
special stockholders'
sider
'
•
STATE AND
to
removed
1525.
p.
Navy
2,869,435
;
deducting
thereon.-
year.
diverted
of
to
The
11,586,295
1,144,487
1,304,506
...
operations.
the
National
2,835,000
surplus^.
current
estate
168,
producng
2,807,609
2,394,134
operations........
transferable
income
and
holders
1
1,
corporation, a* pioneer designer and
reciprocating engines for commercial and
long-term
:
1948.
dividend
a
Dec.
The
to.
addi¬
Springdale,
this
$
...
income
including
Wright Aeronautical Corp.—New Director, etc.—
Dividends
current
he
disclosed.-*—V.
not
—$53,429,162
—V.
11,603,640
taxes
,_L
tax
purchased the large
(F. W.) Woolworth Co.—October Sales Up 2.8%—
5,613,205
Union
would
June
on
paid on June 2.*—'V. 168,
elected
11,136,360
charges..^.
Federal income
timber
declared
9
payable
Period End. Oct. 31—
144,161,371 157,235,104
105,347,087 106,735,224
19,150,576
19,273,202
interest)—
..
for
for
William
expenses
stqck,
Sales
25
interest
the
said
Nov.
on
common
share
was
1947
308,699
and
directors
the
per
once,
2,068,815
dividends
officials
Including the 50 cents paid
STATEMENT
inc.
has
Fails. Ore.,
Indian
Service
for
near
Klamath Falls.
The Ewauna plant will be
valuaole Ewauna site offered to some other
industry.
the
The
on
a
to
When
by
its
amortization...
and Fed.
5
Nov.
on
Klamath
at
contracts
of
com¬
Others
construction.
typed
:
and
plant
and
The price Weyerhaeuser paid was
The
income
City was
telegraph service
to
operations
(incl.
before
Deficit
production
installation
plant
earned.
net
of
3,362,634
tExtraordinary
state:!:
manufacture
and
Kansas
taxes
bonds)
Machieit
will
lumber
plant
own
deficit
•
and
depreciation
from
income
Provision
that
at
benefits
Earnings
Misc.
an¬
10
Weyerhaeuser
seasonally
a
1948
»
Taxes other than soc. secur.
compared
2,054 against
Inc.—High Power Tube Contract
Vice-President
Nov.
on
a
Co.
Wilson Brothers—50-Cent Common Dividend—
course
262
numbered
Inc., will begin soon
the manufacture of Western Electric'3
long-established line of highpower electron tubes for broadcast transmitters and
allied applications.
nounced
in
are
then
it was announced
company,
Box
ago,
improved
telegram
a
origin, and
security
telegrams.
to
timberland
of
was
with
compares
center
maintenance
for
Employees'
1628.
Western Electric Co.,
F.
totaled
and
Provision
Social
$102,176,000 $97,537,000
1943
This
deficit of $1,035,852,
a
'
'
of
Forest timber.
$
"
retransmission
by
Ewauna
the
Repairs
1048---10 Mos.—1947
accounts
was
center
ninth
system
operating revenues.
Operating, administrative
\
.
October,
Wholesale
262,074
part:
the
'
$3.84
un
in
Nine Months Ended Sept. 30—
$2,883,876
$1.51
$10,744,000 $10,903 000
ago.
said
Gross
$1,132,526
$2.39
retail
year
lo
year
provide
the
finished,
of
a
switching
is
nationwide
point
manual
flash
automatically
and
with vastly
greater
of (he country and Western Union offices in
North
obstacle
no
latter's
1948
of
period
new
This
area.
parts
Weyerhaeuser Timber Co.—Acquisition—
COMPARATIVE INCOME
4,743,408
2,601,260
,
662,731
will
all
states to
their
the Minneapolis
former facilities,
Dakota, South Dakota, Iowa and Wisconsin,
The
the center is about 1,000 mi.es wide, but this distance
speed because telegraph signals travel 186,000 miles
per second.—V. 168, p. 1623.
is
•
•
6,535,963
' 1948—Month—1947
330,219
244,816
they
served
area
,
messages
from the five
nation.
The capacity of
the
eliminates
center
new
speed between
company's
near-term
bonds
outstanding, $8,403,000 face
4'/2% bonds maturing in 1950 and
$7,780,000 of the 57o
maturing in 1951 have been
reacquired, resulting in a reduction
of
annual
bond
interest charges of $677,000..
Of these two
issues,
$9,370,000 of the 4yaS and $17,220,000 of the 5s remain
outstanding
in the hands of the public.
38,492,790
'743,593
October Sales Lower—
Pet-foci End. Oct. 31—
Tot d
3,958,170
The
Henceforth
bonds
$48,141,580
$1,796,494
share—
2,885,829
net income of $67,471
quarter
same
■
Net earns.—per
*45,878
Co.—Earnings Show Deficit
0r~fi1isyea.Tr there
September
third
October..
the
network
Of
1,876,119
-
in
the
in
the
at
$36,133,754 $33,806,834 $91,432,451 $86,634,370
before
*455,138
25,582
outbound
over
times greater than
1406.
p.
President, oh Nov.
in
live-State
value
17,469,839
Wholesale
168,
the
Construction of
$2.07
$47,823,361
43,609,090
191,786
$433,276
38,604
Minnesota,
third quarter
$131,201,
1948—9 Mos.—1247
$18,647,753
32Q.49J
$1,319,040
.
$18,663,915
income...,
$321,632
.
reflecting the lofcs of $972,122 in July, a month
telegraph volume. >ugust operations resulted in
the
Retail
538,987
1945
all
three
center is
1946
largely
Western Auto Supply Co.—Earnings—
Period End, Sept. 30—
2,950,298
721,432
oper.
complete
Net
3,350,890
routes
destinations
24,383
Western Union Telegraph
For
$6,301,207
$1.80
matically
69,440
34,669
Joseph L. Egan,
1300."
p.
manufacturing highin making X-ray
168, p. 184?.
$345,312
78,384
Switching Center—
new
era
of
uitra-modern telegraph
communication
arrived in
Minneapolis and five upped midwestern states on Nov. 4 with the
inauguration at Minneapolis, Minn., of the company's new automatic
selective switching center.
The $2,000,000 center features
an
"electrical brain" which auto¬
—Reduces Long-Term Debt—
1,336,891
$4,813,513
Net income per common
share on 3,035 COO shs.
xy.
low
$5,468,121
stock
$383,696
income—
"Deficit.—V.
$7,638,038
dividends
New
55
A
used
stated.—V,
(2055)
line
tubes."
producers
Alabama—Earnings—
.
from
Net
2,164,469
$8,732,622
those
largest
194 7
from
$9,802,567
$5,816,181
for
entire
industrial
.
708,839
1,435,544
make '■ the
and
world's
required
(o
CHRONICLE
From Jan. 1—
$9,093,723
$7,378,883 $10,629,054
techniques
the
1948
oper.
Net
•
$3,576,572
for common
ry.
Gross
282,150
552,947
of
one
railway—
railway..
from
Net
1,471,000
$6,962,210 $10,076,107
$8,012,316
deducts.
income
Preferred
232,150
4,654,000
416,678
The
will
broadcasting
is
today
from
Net
529,300
3.369,000
419,892
m-onv
income
-
Machlett
high-power
industrial
Gross
,017,090
210,507
3,502,000
Nonopevaih.g
2,301,057
3,800,760
2,634,519
210,507
income—
on
1,589,510
2,646,546
tubes.
September—
revenues-"S31.G09,512 827,890,717 $41,907,900 $36 668,530
Operating expenses
12,608,243
10,681,608
16,611,731
,069,870
Maintenance,
3,088,761
2,442,363
4,182,095
205,392
Taxes other than
Fed..
Prov.
arrangement,
Electric
Labojatories
Western Ry. of
1948^-12 Mos.- -1947
c-por.
FINANCIAL
broadcasting tubes are similar
heating tubes, it was
power
Subs.)—Earnings—
1948—9 Mos.—1947
new
Western
Machlett
of
and
Total
the
&
as
the
they
has
been
called
capital'stock
directors
may
cons
for
from
would
be
Dec.
13
486,656
der advisable—V.
to
to
authorized
con¬
686,656
to
issua
188, p. 1946.
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Dothan
Bond Offering
certified check for $5,000,
payable
to the
Ala.
J. L. Vaughn,
—
City Clerk-Treasurer, will receive
sealed bids until 9
(CST)
a.m.
on
Nov. 23 for the purchase of
$300,000
not
to exceed
4%
interest
sanitary
system *
sewer
STP-2 coupon bonds.
series
Dated
Oct.
1,1948. Denomination $1,000. Due
Oct.' 1,
as follows:
$8,000 from
1951
to
1956
and
1968
1955
to
inclusive; $10,000 irt
1957,
1977
and
$14,000 from
inclusive.
At
the
option of the City, the bonds ma¬
turing in 1959 and thereafter shall
be
'
subject to redemption, prior to
respective
maturities
on
any interest payment date on or
their
'
after
Oct.
1,
1958, in inverse
nu-
•
merical
; 30
L
at
order, after* not less than
days' prior published notice,
par plus accrued interest to the
redemption
equal
date
six
to
the
bonds
the
and
premium
a
months'
interest
on
rate
called
so
computed
at
they would bear on the
,-redemption date if they had not
been
f
•
called for
or* rates
pressed
^
1
;
of
be
to
multiple
of
of
1Interest A-O. The purchaser
has the option of naming where
the
bonds
will
be
delivered.
certified check for $6,000 payable
/to the City, is required.
Legality
-
-
to be approved
Arant and
by White, Bradley,
All, of Birmingham.
"
Additional
Vaughn
at,the
of
O f f
will
same
e
receive
r
i
g—Mr.
n
sealed
bids
time for the purchase
.$250,000
public
inprovernent,
series ST-8 coupon bonds.
Dated
Jam 1, 1949. Denomination $1,000.
Due
$25,000
on
1959 inclusive.
single
rate
of
Jan. 1 from 1950 to
Bidders to
interest
name a
expressed
'in the multiple of lA of 1%.
The
bonds will be delivered to the suc¬
cessful
are
bidder
prepared
as
after
soon
the
-
as
sale.
they
A
face
maturity
date,
value, plus
whichever
ac¬
of America National Trust & Sav¬
premium
or
ings Association, of San Francisco,
the only bidder, at a price of 100.172, a net interest cost of about
3.93%, as follows: $36,000 4s, due
1948 and due
shall
be earlier.
Refsnes,
&
Co., Inc.;
& Co.; Pasa¬
and
Henry
acting as re¬
Ely,- Beck
Corporation
ard, City Clerk, announces that dena
the Board of Commissioners will Dahlberg & Co. are
receive publicly at open
meeting funding agents.
at 11 a.m. (CST) on Nov.
22, pro¬
CALIFORNIA
posals for the making of a loan to
the City in the alternate
principal
Burlingame, Calif.
amounts of
000
for the
loan
is
Bond
$1,500,000 and $1,200,purpose
of construct¬
ing public schools in the City. The
to
be
temporarily
con¬
tracted in form, and shall be sub¬
White,
Offering
City
Clerk,
will
sealed bids until 11:00
DST)
All warrants will be subject
redemption at the option of the
City on any interest payment date
nomination
$1,000.
follows:
$7,000
after 30
to
years.
to
102
days' published notice, at
plus
accrued- interest
to
the
edemption date. Legality to be ap¬
by White, Bradley, Arant
and All, of
Birmingham.
proved
ARIZONA
Salt
River
Project Agricultural
Improvement and Power
District, Ariz.
Exchange
Effective—
Bond
Holders
of
$4 829,000
.
outstand¬
ing
bonds of
various
coupons,
dates and maturities of Salt River
Project Agricultural Improvement
Power District, Arizona are
being notified that the plan of re¬
funding and offer of exchange has
and
been declared operative.
Defini¬
tive bonds have been executed
and
are
held by the
corporate
trust
department
Trust
&
for
of
the
Harris
Savings Bank, Chicago,
immediate exchanges
be holders of eligible bonds.
which
may
Holders
of
may
present
bank
on or
unrefunded
their
bonds
bonds
to
the
after Nov. 15, 1948 and
K
(Calif.
$155,000 not to exceed 3% in¬
terest general obligations of
1949,
as
1959
inclusive;
Due Jan.
from
$8,000
1964 inclusive, and
1965
to
of
rates
in
1969
registered
1949.
De¬
or
to
1950
from
15,
to
1960
$9,000 from
inclusive.
interest
be
Rate
or
expressed
the
multiples of lA of 1%.
Principal and interest (J-J) pay¬
able at the City Treasurer's office.
The printed bonds will be fur¬
nished by the City.
Delivery of
the bonds will be made to the
pur¬
chaser at the City Treasurer's of¬
fice,
as
soon
as
pared which
it
be
about
bonds
tion
held
they
can be pre¬
is estimated will
Jan.
were
15, 1949.
These
authorized at the elec¬
on
April
13,
1948.
A
certified check for $5,000 payable
to the City Treasurer, is required.
Legality to be approved by Orrick, Dahlquist, Neff and Herrington, of San Francisco.
Central Costa County Sanitary
Dint., Contra Costa County
(P. O. Walnut Creek), ■
Calif.
1843—were
to
of
receive sealed
24,
Water
and
Power,
will
bids at the Corpo¬
rate Trust Department of the Na¬
Costa
County,
Pinole-
tional City Bank of New York, 22
William Street, New York, until
10 a.m. (EST) on Nov. 17 for the
purchase of $9,000,000 not to ex¬
County Clerk, will receive sealed
ceed
bids until
Water
Nov.
on
11.00
22
the Bank
(Calif. DST)
a.m.
for
the
purchase of
$362,000 not to exceed 5% interest
building bonds. Dated Dec. 1, 1948.
Denomination $1,000. Due Dec. 1,
as
follows: $20,000 from 1949 to
1965 inclusive, and $22,000 in 1966.
4%
interest
and
revenue
Power
Department
electric
of
plant
bonds of 1948. Dated Nov.
1, 1948. Denomination $1,000. Due
$225,000 on Nov. 1 from 1949 to
1988 inclusive.
Interest M-N. The
bonds maturing on or after Nov. 1,
1954, or any of them, may be
Principal and interest (J-D) pay¬
redeemed, at the option of the De¬
able at the County Treasurer's of¬
partment, on Nov. 1, 1951, or on
fice.
A certified check for 5% of
any interest payment date there¬
the par value of the bonds bid for,
after prior to maturity, at a re¬
payable to the County Treasurer,
demption price with respect to
is required.
Legality to be ap¬ each such redeemable bond
equal
proved by Orrick, Dahlquist, Neff to
1001/4% of the principal amount
and Herrington, of San Francisco.
thereof, plus V4 of 1% of such
principal amount for each whole
Fresno County Water Works
12 months' period, and for any
District No. S (P. O.
remaining fraction of a 12 months'
Fresno), Calif.
Bond Sale—The $15,000 acquisi¬ period, from the date of redemp¬
tion
were
as
construction
and
fered
on
Nov. 3—v.
at
a
price
of¬
1843—
1951
to
1965
Say,
100.066, a
Dated Dec.
1948 and due $1,000
from
p.
of
basis of about 4.24%.
1,
bonds
168,
awarded to L. Kenneth
41/4S,
on
Dec. 1
inclusive.
Sec¬
ond
high bid of 100.126 for 6s was
made by the Bank of America Na¬
tional
Trust & Savings
tion, of San Francisco.
Kern
County
Housing
Associa¬
Authority,
Calif.
Note
Nov. 4—v. 168, p.
awarded
Nov.
Offering—Joseph L. Wil¬
Secretary of the. Depart¬
ment
Sale—The
$40,000 Pacheco
offered Nov. 3
and Highway Junction annexation
on
liams,
in
1967 and 1968.
Dated
Dec. 2, 1949.
Los Angeles, Calif.
Bond
clusive, and $4,000 33/4S, due $2,000
Bond Sale—The
bonds offered
in¬
$3.
on
O. Martinez), Calif.
Bond Offering — W. T. Paasch,
of
15,
1949 to-1966
(P.
Nov. 15 for the purchase
on
15 from
of
Hercules Union School District
receive
a.m.
Dec.
on
Contra
Herbert
—
sequently refunded on or about
Jan. 2, 1949, by warrants of the series
A
coupon
City, payable over a period of 30 bonds. Dated Jan.
A
'
the
interest to the first call
Stranahan, Harris
Warrant Offering—S. B. How¬
ex-
Vi
receive
crued
Florence, Ala.
redemption. Rate
interest
in the
City, is required. Legality
by White, Bradley,
Arant and All, of
Birmingham.
to be approved
$428,000 notes
were
awarded
to
Salomon Bros. &
Hutzler, of New
York,
interest,
at
1.28%
plus
a
tion
to the
maturity date of such
not exceeding 103%
of such principal amount.
Such
proposals may specify one or more
bond,
but
interest
that
rates; provided, however,
interest rate shall be spe¬
which is not a multiple of
no
cified
y4 of 1%. The opinions of Ray L.
Chesebro, City Attorney, and GilTillman,
Chief
Assistant
City
Attorney
for
Water
and
Power,
and
of
O'Melveny
&
more
Myers,
of
Los
Angeles,
and
Stephen B. Robinson, of Los An¬
geles, bond counsel for the De¬
partment, approving the issue as
to legality, and the opinions- of
said attorneys that interest pn the
bonds of the issue is not subject
THE
(2056)
5ft
taxation by the
to
United States
under: present income tax laws,
ahd that 'such interest is exempt
100.279,
Sale consisted of:
Dated Dec.
3
2,000,000 to Salomon Bros. &
Hutzler, of New
York, at
1.22% interest, plus a pre¬
mium of $25.
notes
Oakland Housing
May 27, 1949.
Authority; Calif,
Note Sale—The
on
24,
Nov.
dated
are
1948 and mature pn
$3,562,000 notes
Nov. 3 were awarded
follows:
Brps. & Hutzler of
$1,000,000 at 1.24%
Interest, plus $13 premium; $1,000,000 at 1.25% plus $13.
York:
Bank & Trust Co.,
and Associates:
To Chemical
New
York,
$1,562,000 at 1.30% interest.
notes
are
Oasis School
24,
Nov.
dated
1948 and mature on Dec.
2,1949.
District, Riverside,
County (P. O. Riverside),
Calif.
Bond Sale —The
by
New York.
1—v.
168, p.
Bank
dated Dec, 1, 1948.
Quincy Sanitary District; Plumas
County (P. O. Quincy); Calif,
Bond Sale—The issue of $180,000 sewer bonds offered on Nov. 4
168,
the
Bank
Trust
1843—was awarded to
p.
&
America
of
National
Savings Association,
of
San Francisco^ at a price of 100.-
055, a net interest cost of about
3.61%, as follows: $126,000 3%s,
due
Dec. 15 from' 1949 to
on
1962
inclusive, and $54,000 2V2S, due
Dec,
15 from
sive.
1948.
1963 to
The bonds
are
1968
on
inclu¬
dated Dec. 15,
The California Bank, of Los
Angeles, second high bidder, of¬
fered
Jefferson County School District
No. 8 (Pi O. Wheatridge),
Colorado
the bonds
San
Bond
"water
Nov.
as
4s.
Sale
—
The
Calif,
$1,500,000
bonds
offered
on
168, p. 1737 —were
awarded to a syndicate composed
—
v.
—
Emery
of 102.
&
L.
for the pur¬
chase of $348,000 not to exceed
3%
interest
general obligation
Hornblower
I
Mflrrh
INDIANA
Fort
15
Bidders
are
Second high bid of 97.152
Co.,
jointly.
by John Nuveen
Hendrix
and
'
-
&
Mayes,
"
GEORGIA
Columbus
Housing Authority; Ga.
Note Sale—The $1,356,000 notes
offered
3 were awarded to
Nov.
to name the rate
St. Louis.
Indiana
to 1959 inclusive.
$283,000 notes
offered Nov. 3 were awarded to
Note
Sale—The
Lake
County (P. O. Crown Point),
livered at the expense of the pur¬
chaser, in Denver or elsewhere.
A certified check for $7,000,
pay¬
able
to
the
and R. H. Moulton &
Co., both of
Jackson County, Murphysboro
Township' High Sch. Dist. \
100 (P. O. Murphys'
boro), III.
Bond Offering — C, N. Hardy,
Secretary Board of
Education,
No.
Dated Oct. 1,
CONNECTICUT
of
Chicago, William R. Staats Co.
Angeles, J. Barth & Co.,
Schwabacher
&
Co.,
Lawson,
Levy & Williams all of San Fran¬
cisco; Hill, Richards & Co., of Los
Angeles; Magnus & Co. of Cin¬
of Los
cinnati
and
Hannaford
&
Talbot
of
San Francisco, at a price of
100.042, a net interest cost of
about 2.609%, as follows: $1,080,000 2V23, due on Dec. 1 from 1951
to
1958
inclusive, and $420,000
234s, due on Dec. 1 from 1969 to
1975.
inclusive.
The
bonds
are
dated Dec. 1„ 1948.
Santa Monica, Calif.
Bond
Sale
bonds offered
p.
—
on
The
$3,020,000
Nov.
9—v.
1843—were awarded to
cate
a
168,
syndi¬
Stuart
composed of Halsey,
&( Co. Inc., Harriman Ripley
&
Grot on,
B
on
d
Conn.
Offering
—
Charles
Lund, Borough Treasurer, will
ceive
sealed
(EST)
B.
re¬
on
bids
until
2
p.m.
Nov. 16 for the purchase
of $525,000 water
coupon bonds.
Dated Dec. 1, 1948. Denomination
1948. Denomination
$1,000.
Due Jan. 1, as follows:
$10,000 from 1951 to 1954 inclu¬
sive, and $15,000 from 1955 to 1968
inclusive;
Principal and interest
payable at a bank to be desig¬
nated by the purchaser, subject
to the approval of the Board of
Education.
Bidders to
name
the
rate or rates of interest expressed
$1,000.
Due Dec. 1, as follows: in the
multiple of V8 of 1%. The
$30,000 from 1949 to 1953 inclusive legal opinion
together with the
and $25,000 from
,1954 to 1968 in¬ printed bonds will be furnished
clusive.
Principal
and
interest by the District.
The bonds will
payable at the First National Bank be delivered to the
purchaser oil
of Boston.
Bidders to name
a or
about Jan. 15, 1949, in Mur¬
single rate of interest expressed in
physboro, without cost to the pur¬
the multiple of V4 of 1%. Delivery
chaser. A certified check for $3,of the bonds will be made to the
000, payable to the District, is re¬
purchaser on or about Dec. 6, at
quired. Legality to be approved
the First National Bank of Boston,
by Charles & Trauernicht, of St.
for Boston funds.
Legality to be Louis:
approved by Storey, Thorndike,
Joliet Towftship High Sch. Dist.
Palmer and Dodge, of Boston.
;
No. 204 (P.O. Joliet), III.
Hartford Housing Authority, Conn.
Bond Sale—The $250,000 buildi
Note Sale-—The
$3,029,000 notes ing bonds offered on Nov. 9—V.
offered Nov, 3 were awarded as
168, p. 1738—were awarded to.the
Co., Inc., Lehman Bros., Phelps,
Fenn & Co., Inc., all of New
York;
Braun, Bosworth & Co., Inc., of
Toledo; Hornblower & Weeks of
New York; Mullaney, Wells & Co. follows:
*
of Chicago and Redfield & Co. of
$750,000 to the Chemical Bank &
Pasagiena,' as 2 V2s," at a price of
Trust Co., of New York; and
March
dated
are
1,
Barren
County (P. O.
Glasgow), Ky:
Harris Trust &
Chicago^
100.96,
a
Savings Bank, of
l%s; at a price of
basis of about i.58%;
as
-
Bond Sale—The
building
Nov.
$119,000 school
bonds offered
1948—were
revenue
9—v.
168,
p.
awarded to Pohl & Co., and
3.325%.
Fox,
both of Cincin¬
as
3^s,
at
a
a basis, of about
Dated Nov. 1, 1948 and
due
Nov.
Reusch
&
Co.,
nati,
jointly,
price of 101.60,
on
1
numerical
verse
from
1949-
Callable
inclusive.
1968
in
order
to
in¬
beginning
Nov.
1, 1953. Second high bid
of 101 for $49,000 3V2s and $70,000
3 %s was made by Stein Bros &
Boyce.
on
.
.
County (P. O. Munfordville), Ky.
Bond Offering — Betty Smith,
Hart
County Clerk, will receive sealed
bids until 11 a.m. (CST) on Nov.
16 for the purchase of $225,000
school
building revenue bonds.
Dated Sept. 1, 1948. Denomination
$1,000.
Due March 1, as follows;
$7,000 in 1950 and 1951; $8,000
from 1952 to 1954 inclusive; $9,000
Hedrick, Iowa
Bonds Sold—An issue of $27,000 in 1955 and 1956; $10,000 in 1957
water works bonds was purchased and 1958; $11,000 in 1959; $12,000
by
the
White-Phillips
Co,
of in 1960; $13,000 in 1961; $14,000 in
1962; $15,000 in 1963; $16,000 in
Davenport.
1964; $17,000 in 1965 and 1966;
Oakville Consol. Sch. Dist., Iowa
$18,000 in 1967, and $16,000 in
Bond Offering—Allene Carlson,
1968.
The bonds are subject to
Secretary Board of School Direc¬
prior redemption only in inverse
tors, will receive sealed and open
numerical order on any interest
bids until 10 a.m. (CST) on Nov.
due date, upon terms of the face
15 for the purchase of $26,000
amount plus accrued interest to
2 ¥4%
school house bonds.
De¬ the
redemption date plus addition¬
nomination $1,000 and $500.
Due al interest
equal to 3% if the
May 15, 1949 to Nov. 15, 1953. The stated date of
redemption is on or
bonds to mature as nearly as pos¬
before March 1, 1958, and on the
sible in equal yearly amounts. The
same terms if redeemed thereafter
1962
the
$19,000
and
from
to
name
The
legal
of. interest.
rate
1953
Bidders to
inclusive.
opinion, together with the printed
bonds, will be furnished by the
District, These
are
the
bonds
authorized
at
the
election
Wilton
(P. O. Wilton
Junction), Iowa
Bond Sale—The $70,000 electric
revenue bonds, offered Nov.
8—
v. 168, p. 1738—-were awarded to
a group composed of Quail & Co.
of Davenport, Becker & Cownie
and Wheelock & Cummins, both
of Des Moines, as 3V2s, at a price
of 100.152, a basis of about 3.46%.
Dated
Sept.
1,
1948 and
due
$5,000 on Nov. 1 from 1950 to 1963
inclusive. The bonds are optional.
Second high bid'of 100.10 for 3^s
was
made by the White-Phillips
Co.
except that the additional interest
shall be 2% if on or before March
1, 1963, and 1% if redeemed there¬
Principal and interest pay¬
County Treasurer's of¬
after.
able at the
fice.
of Davenport.
bonds
the
are
Louisville.
LOUISIANA
Alexandria Housing
Note
Sale—The
Authority, La.
issue of
$608,-
000 7th series notes offered Nov,'
3
awarded
was
Bank
and
to the
Chemical
& Trust Co., of New
York,
Associates, at 1.30% interest.
24, 1948 and due Dec
Dated Nov.
2, 1949.
Calcasieu Parish School District
(P. O. Lake Charles),"
No. 26
Louisiana
Bond
Offering—H.
A.
Norton,
Secretary of the Parish ■ School
Board, will receive sealed bids
until 10' am. (CST) on Dec. 7 for
the purchase of $325,000 not to
exceed
4%
interest
building
bonds;
on
(At the previous offering
Nov. 2,
all bids
were
rejected.)
15,1948.
The bonds are dated Aug.
Denomination $1,-
Due Feb. 15, as follows:
000 in 1951,
$16,-
$17,000 in 1950, $18,$19,000 in 1952, $20,000
in
1953,
Nov. 1
in
1955 and
on
168, p. 1844—were awarded to
a group composed of Soden-Zahner Co., and Barret, Fitch & Co.,
both of Kansas City;- Small-Milburn Co., and the Dunne-Israel
Co.,: both of Wichita, at a price of
a
by
part of
an authorized issue of $310,000.
A
certified check for $3,000 is re¬
quired. Legality to be approved
by Skaggs, Hays and Fahey; of
The $500,000 con¬
—v.
L729%,
furnished
be
These bonds
000 in 1949,
Emporia Sch. Dist. No. 1, Kan.
struction bonds offered
100.034;
will
county.
000.
—
the rate or
name
multiple of Vi of 1%.
The legal
opinion together with the printed
Interest F-A.
KANSAS
Bond Sale
Bidders to
rates of interest expressed in the
held
Denver.
Los Angeles, Northern Trust Co.
bonds
Indiana
District, is required.
will receive sealed bids until 8 on Oct. 13.
Legality to be ap¬
Legality to be approved by Persh¬
p.m.
(CST) on Nov. 22 ; for the proved by Bannister,: Carpenter
San Francisco, Blyth & Co., Inc. ing, Bostworth, Dick and Dawson
purchase of $250,000 school bonds. and Ahlers, of Des Moines.
of
of the Bank of America National
Trust & Sayings Association of
The
the Fort Wayne
1.952,
rates of interest and
the pre¬
mium at which they will purchase
the bonds.
The bonds will be de¬
1
175,000 l%s. Due as follows: $25,000
Sept., 1,
1956;
$25,000
March 1 and Sept. 1 from 1957
Wayne Housing Authority,
building bonds. Dated Oct. 1,1948. the Chemical Bank & Trust Co.,
Denomination $1,000.
Due Oct 1, of New York, and Associates, at
as follows: $6,000 in
1949; $7,000 1.30% interest. Dated Nov. 4, 1948
in 1950 and 1951; $18,000 in 1952 and due Oct.
10, 1949.
and
1953; $19,000 in 1954 and
ILLINOIS
bonds must be sold at not less
1955; $20,000 in 1956 and 1957;
than par with accrued interest,
$21,000 in 1958; $22,000 in 1959
Freeport Park District, III.
and 1960; $23,000 in 1961; $24,000
Bond Sale-—The $150,000 swim¬ and must be registered in the of¬
of the County Auditor of
in 1962; $25,000 in 1963 and 1964, ming pool bonds offered on Nov. fice
and $26,000 in 1965 and 1966. Re¬ 9—v. 168, p. 1844—were awarded Louisa County.
deemable as to bonds maturing to the First National Bank of Chi¬
Storm Lake tndep. Sch. Dist., Iowa
Oct. 1, 1959. and,.thereafter on cago, as 2s, at a price of 100.319,
;
Bond .Offering — Mrs. Olive
Oct. 1, 1958 or any subsequent a basis of about 1.975%.
Dated
Yocum, I District Secretary, will
interest date, redemption to be in Dec. 1,; 1948 and. due
$10,000/an¬ receive sealed and open bids until
inverse» numerical order and at nually from 1954 to 1968 inclusive.
7:30 p.m. (CST) on Nov. 15 for
par value plus accrued interest.
Second high bid of 102.13 for the
purchase of $193,000 construc¬
Principal and interest (A-O) pay¬ 2V4S was made by the Mercantile- tion bonds.
Dated Nov. 1, 1948.
able at the County Treasurer's of¬ Commerce Bank & Trust
Co., of Due Nov. 1, as follows: $3,000 in
or
Buenaventura,
works
8
Housing Authority,
for 4s was made
O'Connell, District Secretary, will
oh Nov.
to
as
1949. Second high bid of 101.341
National Bank, at
for $500,000 bonds as 2s was made
1.10% interest, plus a premium of
Conn,
by W. N. Estes & Co.
:
$6.
Dated Nov. 24, 1948 and due
Note Sale—The $1,991,100 series
on Dec. 2, 1949.
KENTUCKY
New Britain
receive sealed bids until 7:30 p.m.
price of 100.215 for all of fice.
a
27, 1949.
on Oct. 1, 1954, or on any subse¬
quent interest payment date, in
inverse numerical order, at a price
COLORADO
(MST)
1950
follows: $25,000 March 1 and Sept. 1, 1954
and
1955,
and
$25,000
on
& Weeks.
•
Offering
1 from
125,000 iy2s. due
high bid of 100.95
for l%s was made by
-
Bond
Sept.
1953 inclusive.;
& Hutzler, of New
cisco.
ings Association, of San Francis¬
co, at a price of 100.138, a net in¬
terest cost of about 4.34%, as fol¬
lows: $16,000 4y4s, due on Dec. 1
from 1949 to 1964 inclusive, and
$5,000 4V2s, due on Dec. 1 from
1965 to 1969 inclusive.
The bonds
—v.
Second
sive.
Bond Sale—The $130,000 im¬
York, at 1.14%
interest, plus a premium of $16.50; provement bonds offered Nov. 8—
Stanislaus County Sch. Dists.
and $100,000 to the Hartford Na¬ v. 168, p. 1844—were awarded to
(P. O. Modesto), Calif.
tional Bank,
at 1.10%
interest. the Harris Trust & Savings Bank,
Bond Offering — C. C. Eastin,
The notes are dated Nov. 12, 1948 of Chicago, as IV2S, at a price of
County Clerk, will receive sealed and mature on Nov.
12, 1949.
100.579, a basis of about 1.361%.
bids until 2 p.m. (Calif DST) on
Dated Sept. 1,1948 and due $30,Nov. 22 for the purchase of $155,FLORIDA
000 May 1 and Nov. 1, 1952, and
000 not to exceed 5% interest
$30,000 May 1 and $40,000 Nov. 1,
St. Petersburg, Fta.
building bonds, divided as fol¬
1953.
Second high bid of 100.385
Certificate Sale—-The $800,000
lows:
for 2V2S was made by Raffenspertransportation revenue certificates
$150,000 Empire Union
School
ger, Hughes & Co., of Indianapolis.
offered on Nov. 4—v. 168, p. 1629
District bonds.
Dated Jan. 1,
—were awarded to a group com¬
IOWA
1949.
Due Jan. 1, as follows:
posed of A. C. Allyn & Co., of
$8,000 from 1952 to 1961 inAlgona, Iowa
Chicago, W. C. Thornburg Co., and
elusive, and $7,000 from 1962
Bond Sale—An issue of $90,000
Walter, Woody & Heimerdinger,
to 1971 inclusive.
sewer bonds was awarded on Nov.
both of Cincinnati, at a price of
4 to the Iowa-Des Moines National
5,000 LaGrande School District
100.012, a net interest cost of
bonds.
Dated Oct. 15, 1947.
Bank & Trust Co., of Des Moines.
about 4.065%, as follows: $400,000
Due $1,000 on Oct. 15 from
414 s, due on Oct. 1 from 1949 to
Anamosa, Iowa
1960 to 1964 inclusive.
1953 inclusive, and $400,000 4S,
Bond Sale—The issue of $35,000
Denomination, $1,000.
Interest due on Oct. 1 from 1954 to 1958 special assessment street improve¬
payable semi-annually. Legality inclusive.
The $325,000 certifi¬ ment bonds offered Nov. 3 was
approved by Orrick, Dahlqdist, cates maturing from Oct. 1 from awarded to the Citizens Savings
Neff & Herrington, of San Fran¬ 1955 to Oct.
1, 1958 are callable Bank, of America, the only bidder.
of America National Trust & Sav¬
are
24, 3948 and they mature on May
inclusive.
,
1737—were awarded to the
and
1
1,1948 and due $50,000
1952 to 1956 inclu¬
Oct. from
dated Nov.
are
high bid of 100.01 for
4s and $2,540,000 2V2s Ml notes offered on Nov. 8-^-v.
made by a syndicate headed 168, p. 1947—were awarded as fol¬
the National City Bank of lows: $1,099,100 to Salomon Bros.
$21,000 school
Nov.
offered
bonds
All of the notes
from
1967 and 1968.
was
Dated Dec.
on
*
To Salomon
The
15
$480,000
terest.
New
to 1973
Dec.
on
1.18%, plus $20 premium.
279,000 to Salomon Bros. 8c Hutz¬
ler, of New York, at 1.18%,
plus $1.90 premium.
Second
were
$3,700,000 to the Chemical Bank
& Trust Co., of New York,
and Associates, at 1.25% in¬
offered
due
45,000 sewer bonds. Dated July
1, 1946 and due on July 1 in
follows:
of
and
$5,700,000 notes
awarded as
Note Sale—The
offered Nov.
as
inclusive.
1949
Angeles County Housing
Authority, Calif,
The
15 from 1949 to 1973
1,355,000 municipal improvement
bonds.
Dated Dec. 15, 1948
Power.
Los
Dec.
on
Associates, at 1.18% interest,
plus a premium of $11.25.
2,000,000 to Salomon Bros.' &
Hutzler,
of New
York,
at
t
water
works bonds.
35, 1948 and due
$1,620,000
existing
laws of the State, will be deliv¬
ered
to
the
purchaser without
charge.
Enclose a certified or
cashier's check for $180,000, pay¬
able to the Department of Water
from taxation under the
and
basis of about 2.478%.
a
Monday; November 15, 1948
COMMERCIAL & FINANCIAL CHRONICLE
and 1958,
$21,000 in 1954, $22,000
1956, $23,000 in 1957
24,000 in 1959 and I960,
$25,000 in 1961 and 1962, and $26,000 in 1963.
The approving opin¬
ion of Wood,
King & Dawson, of
City, will be furnished
the purchaser without.cost.
En¬
New York
net interest cost of about close a certified or cashier's check
follows: ^
^ 'for 3% of the bonds; payable to
as
$200,000 2s; Due $25,000 oh March
the Parish School Board:
*
Volume
Number 4751
168
LaSalle Parish Consolidated
the
School District No. 30
1631
p.
—
offered
The $60,000 school
Nov. 6—v. 168,
able
to
the
bear
Corp.,
of
net
on
awarded
were
Equitable
Securities
Nashville, at
price of par, a
interest cost of about 2.945%, as
follows: $22,000 3s, due on Dec. 1
from
000
1949
a
to
1954
inclusive; $13,-
2%s, due on Dec. 1 from 1955
inclusive, and $25,000 3s,
1957
to
due
Dec.
on
from
1
purchase
1958
of
COMMERCIAL
$70,000
notes.
Dated Nov. 18, 1948. Due May 18,
1949.
Principal and interest pay¬
(P. O. Jena), La.
Bond Sale
bonds
THE
1962
to
inclusive. Dated Dec. 1, 1948. Sec¬
at
Bank
National
Boston.
interest
fixed
num
cepted
for
Shawmut
The
notes
will
the rate per
the proposal
at
in
the
purchase
an¬
ac¬
of
the
Midland Sch. Dist.,
1845—were
p.
Brown
&
awarded
Sons
the
Denomination $1,000. Due Oct. 15,
follows: $170,000 in 1949; $200,-
Dodge, of Boston.
Bank, Midland. Purchaser to
as
Springfield
at
the
of Baltimore
and
net
a
interest cost of about 2.35%,
follows:
as
Nov.
15
from
sive, .and
Nov.
$450,000 2V4S, due
15 from
sive.
The
100.015
2V2S,
I.
inclu¬
inclu¬
dated
high
on
Nov.
bid
of
VAs, $328,000
21/4S and $270,000 2y2s was made
by a group composed of Drexel &
Co., Mackubin, Legg & Co., and
.
Bond
bonds
Tremont
St.,
(EST)
purchase
Boston,
Nov.
on
of
Nov.
Dated
Housing Board,
until
for
15
$1,100,000
18,
1
the
notes.
due'
1948 and
Bond
Sale—The
both
to
Massachusetts.
Stoneham, Mass.
$14,000 depart¬
mental equipment notes offered on
Note
Nov.
Sale—The
4
awarded
were
the Day
to
Trust
Co., of Boston, as l%s, at
price of 100.19, a basis of about
a
1.144%.
Second high bid of 100.10
for l%s, was made
Hill
v.
168, p.
by Kenneth B.
the
York,
a
Dec.
City Bank of New
l%s, at a price of 100.299,
as
basis
about
of
1948
1,
June 1 and
1949
to
1.711%.
and
due
$73,000
Dated
$72,000 on
Dec. 1 from
on
inclusive.
1963
tural
Second
high bid of 100.266 for l%s
was
made
by a group composed of
J. P. Morgan & Co., Inc., Harris,
Hall & Co., Laidlaw & Co., Bramhall, Barbour & Co., and L. F.
Lake
Bond
offered
$110,000 bonds
Nov.
9—v. 168, p. 1948
awarded to Laidlaw & Co.,
•—were
of New
100.209,
York, as 13/4S, at a price of
a
basis of about 1.69%.
Sale consisted of:
$75,000 water bonds. Due
1
from
1949 to
on
Nov.
1958 inclusive.
35,000 street construction bonds.
Due
Nov.
on
from
1
1949
to
1953 inclusive.
Bond
All of the bonds
dated Nov.
are
Chelsea Housing
Authority, Mass.
Note Sale—The, $990,000 notes
offered on Nov. 10—v. 168, p. 1948
awarded
—were
to
the
Second
National Bank of Boston, at 0.95%
interest." Dated Nov. 15, 1948 and
due
on
tional
May
10,
The
1949.
Na¬
Shawmut
Bank of Boston,
high bidder, named a rate
of 0.96%, plus $27 premium.
second
Fall
River
Housing Authority,
Mass.
Note
Sale—The
guaranteed notes offered
4—v.
to
168,
the
State-
$60,000
on
National
Bank
Boston, at 0.954% interest.
Nov.
Nov.
1845—were awarded
p.
Second
of
Dated
8, 1948 and
1949.
due on May 8,
Merchants
National
The
Bank of Boston* second
der, named
high bid¬
rate of 1%, plus $10
a
premium.
was
Sale—An
notes
awarded
Boston,
100.79,
issue
offered
to
Tyler
of
&
4
Co., of
2V2s, at a price of
basis of about 2.41%.
Dated Nov.
000 on Nov.
inclusive.
10,
1948 and due $2,-
Second
high
bid of
by Per-
rin, West & Winslow.
Mass.
Miller,
Chairman, will receive sealed bids
at the office of the State
Housing
sealed
Sept. 1, 1948' and mature
serially on July 1 from 1953 to
inclusive.
in
The
inverse
bonds
are
numerical
or¬
beginning on July 1, 1952.
high bidder was a group
composed of Miller, Kenower &
Co., Stifel, Nicolaus & Co., and
Marianna Securities Corp.
(P. O.
bids
until
7
p.m.
Mich.
Offering—Carl A. Hovey,
Village Clerk, will receive sealed
bids until 8 p.m. (EST) on Nov. 22
for the purchase of $16,000 not to
exceed
interest water
4%
supply
Independent Sch. Dist.
(P. O. Spring Valley),
Minn.
Bond Sale—The $125,000 build¬
Nov- 3—v. 168,
.
1845—were
Minneapolis,
100.308,
Dated
The
Minn.
suitable
any
name
trust
or
com¬
designated by the purchaser
pany
in
bank
his
bid.
These
the
are
bonds
authorized at the election held
numerical
order
on
one
any
or
interest payment dates on or
on
printed
will
bonds
without cost' .to
well"as
as
fufnished
be
the purchaser. In
the opinion of coiihsel these bonds
general
are
obligations
of
the
July 1, 1954, at par and ac¬ City and full faith, credit and tax¬
will be pledged to
crued interest to the date fixed for ing powers
after
redemption plus premiums
each
On
lows:
redemption
fol¬
for
before
or
on
as
called
bond
Jan.
1,
1958, $30; on each bond called for
redemption after Jan. 1, 1958, but
on
or before Jan.
1, 1962 $20; on
each bond called for redemption
after Jan. 1, 1962, but on or before
Jan. 1,
1966/ $10.
The said re¬
demption shall be upon 30 days'
notice thereof given by publica¬
tion in a paper circulated in the
State, which carries as part.of its
regular service, notices of sale of
municipal bonds, and in case of
registered bonds, 30 days' notice
by mail to the registered address.
Principal and interest payable at
the State Savings Bank of Elsie.
Rate of interest to be in multiples
of
of 1%.
Legality to be ap¬
by Miller, Canfield, Pad¬
of Detroit.
proved
dock & Stone,
Authority,
Housing
Sale—The
Note
offered
the
Nov.
Chemical
New
of
3
Bank
York, and
interest.
1.25%
$l,27t,000 notes
1948 and
due
were
Not
and
on
ceived
Sold
was
24,
as
The
$25,000
168, p.
bonds
1949—
the sole bid
rejected.
•
re¬
The bonds
dated
May 15, 1948 and ma¬
ture $5,000 on Nov. 15 from 1949
are
1953
inclusive.
They
are
be
The
payment.
delivered
within
30
to
bonds will
the
purchaser
days after the sale,
made
by
Piper, Jaffray
of Minneapolis.
wood,
Fisher, Minn.
Offering—Paul
Bond
op¬
&
on
17
for
L.
the purchase of
$65,000
water works bonds. Dated
Dec. 1,
1948.
Due Dec. 1, as fol¬
lows: $2,000 in 1951, and $3,000 in
1952 to 1972.
Bonds having stated
maturity dates later than Dec.
thereafter, at
par plus a premium
Principal and interest pay¬
able at any suitable
banking in¬
stitution designated by the suc¬
bidder.
thereafter
the
at
option
of
be
designated
bidder in
of
All bids must be
conditional
except
be
may
the
to legality,
as
conditional
opinion of the
made
legal
above
attorneys, whose opinion as
legality must be accepted by
the purchaser.
The City Council
to
the
reserves
all
and
right to
certified
for
reject
any
bids, and to adjourn the
sale if deemed
a
40
printed
and
the
expedient. Enclose
Sale
water
certificates
State
indebtednees
8—v.
168,
to
the
awarded
Bank,
The
$14,000
improvement
t
works
of
Nov.
on
the
only
Columbia
p.
certified
a
$1,300,
and
cashier's check
or
payable
to
the
of
for
Village
of¬
1845
to
I
interest
improvement revolv¬
fund coupon bonds.
Dated
1, 1948. Due Feb. 1, as fol¬
lows: $20,000 from 1951 to 1957
permanent
ing
Nov.
inclusive, and $10,000 in 1958. In¬
terest F-A.
A certified check for
$3,000 payable to order of the City
Treasurer,
is
required.
1968
Nov.
1—v.
awarded
to
MISSISSIPPI
of Lincoln, as 23/4S. Due
Dec. 1 from 1950 to
after five
years
Optional: on or
from date of issue,
NEW JERSEY
Long Branch Housing Authority,
New Jersey
|Note
Sale—The
offered Nov, 3
the
Chemical
of
$444,000
Bond
(
Sale—The
$100,000 water
Nov.'-;'2—v.
168/
*
p.
1846—were
awarded to M. A. Saunders &
&
about
mature
over
3.18%.
The bonds
period of 25
a
years.
Charleston, Miss.
Bonds Sold—An issue of
3
V2%
street
and
sewer
$30,000
improve¬
ment bonds has been purchased
by M. A. Saunders & Co., of Mem¬
phis.
Dated Sept. 1, 1948.
De¬
nomination $1,000.
Due $3,000 on
Sept. 1 from 1949 to 1958 inclu¬
sive.
'
Palisades Park, N. J.
Sale
The $47,500
Bond
Interest M-S.
Legality
v.168, p. 1846—were a warded to
J. B. Hanauer & Co., of Newark,
as
2.05s, at a price of 100.09, a
,
basis
about
of
Dec.
1948
1,
2.032%.
and
due
Orange, N. J.
Offering—Ronald C.
ford," Town
sealed
will
Clerk,
school
the
purchase
bonds.
Dated
of
Dec.
$144,000
eral
not
to
coupon
6%
exceed
registered
or
in¬
gen¬
improvement bonds of 1948.
Dated Nov.
1, 1948. Denomination
$1,000.- Due $8,000 on Nov. 1 from
1949
1966 inclusive.
to
Principal
and interest (M-N) payable at the
National
Bank
of
West
First
Orange, or at the option of the
holder, at the Chase National
of
New
York.
a
single
rate
a
Bidder
of
to
interest,
multiple of Vs
or
A certified check for
$2,880, payable to order (of the
Town, is required. Legality to be
approved by Hawkins, Delafield
.
&
Wood, of New York.
NEW
YORK
Belmont, N.
Bond
Y.
Offering—H.
R. Sortore,
will receive
sealed bids until 11 a.m. (EST) on
Nov. 18 for the purchase of $49,-
Villiage
Treasurer,
500 not to exceed 5% interest cou¬
pon
as
registered bonds, divided
or
follows:
fire
house bonds.
De¬
$1,000 and $500.
Due on May
1, as follows:
$1,000 from 1949 to 1953 inclu¬
sive, and $1,500 from 1954 to
$27,500
nominations
inclusive.
1968
22,000 water bonds of 1948. De¬
nominations $1,000 and $500.
Due May 1, as follows: $1,000
from
and
1949 to 1964 inclusive,
$1,500 from 1965 to 1968
inclusive.
$800,000
1, 1948.
Al-
receive
bids until 8:15 p.m. (EST)
16 for the purchase of
terest
Offering—W. B. William¬
for
1
Nov.
on
bids until 7.30 p.m. (CST) on Nov.
16
Dated
Dec.
West
Bond
.City Clerk, will receive sealed
son,
on
from 1949 to 1958 inclusive.
ap¬
Municipal Separate
im¬
—
provement bonds offered Nov. 9—
proved by Charles & Trauernicht,
of St. Louis.
Co.,
,
York, and Associates, at
interest.
Dated Nov. 4,
1948 and due on Oct. 10, 1949.
Co.,
Memphis, and Cady & Co., of
Columbus, jointly, the successful
bid being based on a net interest
of
Trust
New
of
cost
notes
awarded to
were
Bank
1,30%
1/20 of 1%.
works improvement bonds'offered
p.
First
on
inclusive..
expressed in
Batesville, Miss.
-c
168,
the
t
All of the bonds
1,
are
Principal
1948.
dated
May
interest
and
of Belmont.
Legality to be ap¬
inclusive; $35,000 from 1954 proved by Vandewater, Sykes 8c
inclusive; $55,000 from Heckler, of New York City.
1962 to 1966 inclusive, and $60,000
Broadalbin, May field, Perth and
in 1967 and 1968. Bidders to name
$2,000
Theo. Ols-
3V2%
serially
con¬
acquisition
bidder.
Manager,
exceed
1632—were
Trust Co.,
$175,000
land
name
-
Trust
Denomination $1,000.
will receive
(CST) on
Nov. 23 for the purchase of $15,City
and
Bank
Treasurer.
>*,'
&
Chokio
Minn.
Heights,
Bonds Reoffered—P.
not
bonds
opinion
School District, Miss.
Nov. 1 from 1950 to 1956 inclu¬
000
legal
the
of Dorsey, Colman, Barker, Scott
& Barber, of Minneapolis. Enclose
Greenville
sive.
son,
1/10
sale,
executed
approving
,
Bond
Dated Nov. 1, 1948 and due
on
or
bank cashier's check
or
Certificate
fered
successful
after
days
Sale—The
offered
will
John W. Padden, of Crookston, of
Harold W. Moody, of St. Paul, and
Chokio, Minn.
—were
the
multiple of V4
a
within
$1,000, payable to the City.
21/2%
by
bonds
rates to
or
The Village will furnish
without cost to the purchaser and
un¬
upon
bonds
rate
a
1%,
the
purchaser.
which
The
bear interest at
Bond
struction
1,
1958, will be each subject to re¬
demption and prepayment at the
option of the Village on said date
or
any
interest payment date
cessful
Bank
NEBRASKA
Hop-
Beck,
Village Clerk, will receive sealed
bids until 2 p.m. (CST) on Nov.
coupon
Chemical
Lexington School District, Neb.
2.55%.
due
maturing in 1961 and
thereafter are callable, at par, on
Jan. 1, 1958, or on any subsequent
interest
payment
date.
Second
high bid of 100.62 for 2.70s was
or
sealed bids until 8 p.m.
Mich.
—
their
Co.,
Nov.
revenue
9—v.
sold,
Trust
May 27, 1949.
sewer
Nov.
not
&
to
Associates, at
Dated
Manistee,
Bonds
water
awarded
were
and
No bids for less than
maturing froni Jtily' lV 1954 son, \bf Minneapolis,
shall be redeemable at the
option' of the Village in inverse
about
bonds
a
Oct. 22.
to 1966,
of
1948
1,
the
Co., of New York, and Associates,
at 1.30% interest.
Dated Nov. 24,
1948 and due Dec. 2, 1949.
of
Jan. 1 from 1950 to 1967 inclusive.
par
system revenue bonds. Dated July
will be considered. The approving
1, 1948. Due $1,000 on July 1 from
legal opinion of Faegre B. Ben¬
1951 to 1966 inclusive. Interest J-J.
Borlds
basis
a
to
price of
a
1
Note Sale—The issue of $371,000
notes offered Nov. 3 was awarded
the
Bank
2.60s, at
as
Nov.
to
awarded
National
of $30.
—
single rate of interest, expressed
in a multiple of 1/10 or *4 of 1%.
Principal and interest payable at
tional.
dated
to 1955 inclusive. Bidder to
to
Nov. 15 for
are
aire State Bank, Bellaire. Success¬
until 1 p.m.
on
bonds
ful bidder to obtain legal opinion.
Board, 18.Tremont Street, Boston,
(EST)
Braun,
Bopd Offering—D. M. Lawson,
(EST) on Nov. 15 for the purchase
of $18,000 not to exceed 3% inter¬ City Clerk, will receive sealed bids
est coupon school
until 1:30 p.m. (CST) on Nov. 15
bonds.
Dated
Aug. 1, 1948. Denomination $1,200. for the purchase of $35,000 cou¬
Due $3,600 on Aug. 1 from 1949 to pon street equipment bonds. Dated
1953 inclusive.
Principal and in¬ Dec. 1, 1948. Denomination $1,000.
terest (F-A) payable at the Bell- Due $5,000 on Dec. 1 from 1949
offered
Salem Housing Authority,
Note Offering — Harry
The
ceive
10 from 1949 to 1968
101.39 for 2%s, was made
3.20%.
Benson,
$40,000
Nov.
as
a
1
Mich.
on
Detroit,
-
MINNESOTA
Hamtramck
Note
School
Lake), Mich.
Offering
Huntington, Mass.
school
of
a
of Michi¬
Mary Louise
Morse, District Secretary, will re¬
more
1, 1948.
•
Township Agricul¬
Elsie,
Sale—The
on
to
168, p.
syndi¬
der
Fractional
Central
Bond
Mass.
revenue
8—v.
Second
Rural
Rothschild & Co.
Chelsea,
about
•
District No.
se¬
National
of
callable
10—
1948—were awarded to
Nov.
awarded
Corp.,
1978
Co.
&
Central
Nov.
on
offered
han, Harris & Co., Inc., both of
Toledo; Paine, Webber, Jackson &
Curtis, of Chicago, Watling, Lerchen & Co., of Detroit, FaheyClark & Co., of Cleveland, Mc¬
Donald-Moore & Co., of Detroit,
and Ryan, Sutherland & Co., of
Toledo, at a price of par, as 3s,
3V4S and 3.20s, a net interest cost
Mass.
$2,175,000
ries B bonds offered
$2,200,000
Notes will be guar¬
principal and
interest by the Commonwealth of
as
MICHIGAN
Boston Metropolitan Dist.,
The
Bosworth & Co., Inc., and Strana-
May 18, 1949.
r
No.
pay
on
anteed
'
Fillmore
112
Mont.
2y2s, at
as
r
Northwestern
system
composed of First
gan
banks,
par.
Savings
Mich.
—
supply
1949—were
cate
price of
a
p.
Sale
water
p.m.
State
Monroe,
that
announces
Robert Garrett & Sons.
MASSACHUSETTS
■
Nov. 4 to local
printing the bonds and the ing bonds offered
Robin¬
on
due
1967
to
are
Second
$32,000
for
1963
to
1964
bonds
1948.
15,
1950
$180,000
Chemical
legal opinion.
Offering—John
Chairman,
as
cost of
Authority,
Housing
Mass.
18
Kidder, Peabody & Co. of New
York, jointly, at a price of 100.02,
is
to be approved by Harold W. $16,000, issued or certified
by a
Moody, of St. Paul, and Dorsey, bank located in the State, payable
Colman, Barker, Scott & Barber, to the District, is required. Legal¬
tion, will receive sealed bids un¬ of Minneapolis.
(The sale .was ity to be approved by Charles 8c
til 8 p.m. (EST) on Nov. 15 for originally scheduled for Nov. 9.) Trauernicht, of St. Louis.
the purchase of $1,500,000 not to
Fairmont, Minn.
MONTANA
exceed
2 Vfe%
interest
coupon
Warrant Sale—An issue of $18,school bonds. Dated Nov. 15, 1948.
Anaconda Housing
000 sewer -warrants was sold on
Authority,
office of the State
Alex.
to
57
Offering — E. N. Luce,
Secretary of the Board of Educa¬
sealed bids will be received at the
Bond Sale—The $630,000 school
bonds offered
Nov.
9—>v.
168,
Mich.
(2057)
Bond
000, 1950; $360,000, 1951; $380,000
in 1952, and $390,000 in 1953. Prin¬
cipal and interest (A-O) payable
son,
(P. O.
Salisbury), Md.
CHRONICLE
purchaser des¬
ignates
in
his
proposal.
The
Authority will furnish the legal
opinion.
Legality to be approved
by Storey, Thorndike, Palmer &
Note
Wicomico County
FINANCIAL
-
notes, wiU be issued in such de¬
nomination
ond high bid of 100.408 for $10,000
2%s and $50,000 3s was made by
Weil & Arnold.
MARYLAND
the
of
&
1,
as
Due March
(M-N) payable at the State Bank
follows: $25,000 from 1949 to
1953
to
the
1961
rate
or
in
rates
of
interest
Legality $1,000,000.
Providence
ex¬
No.
the
multiple of Vs of
1%.
Principal and interest pay¬
able at a place designated by the
purchaser and subject to the ap¬
proval of the City Council.
The
legal opinion together with the
printed bonds will be furnished
by the District. The bonds will be
delivered on or before Jan.
10,
1949, at the place designated by
the purchaser.
These bonds are a
part of a total authorized issue of
pressed
A certified check for
1
Central Sch.
(P. O.
Dist.
Broadalbin),
New York
Bond Sale—The $30,000 bus ga¬
bonds
rage
v.
168,
offered
on
Nov.
3—*
1741—were awarded to
National Bank
p.
the Fulton County
&
Trust
of Gloversville, as
price of 100.25, a basis
of about 2.15%.
Dated Nov. 1,
1948 and due $3,000 on Nov. 1
2.20s, at
from
Co.,
a
1949
to 1958 inclusive.
Sec¬
ond
high bid of 100.128 for 2.20s
was
made
by C. E. Weinig Co,
N*.
(P. O. Rochester 13),
1
dach, District Clerk, will receive
sealed bids until 3 p.m. (EST) on
Nov. 18 for the
not
000
building
registered
or
coupon
purchase of $467,5% interest
exceed
to
1948.
In¬
terest M-N.
Denomination $1,000.
Due Nov. 1, as follows: $12,000 in
1949 to 1951, $13,000 in 1952 to
Dated Nov.
bonds.
1,
1956, $15,000 in 1957 to 1961, $16,000 in 1962 to 1966", $17,000 in 1967
1972 to
1978.
Rate of interest to be in
multiples of y4 or 1/10 of 1% and
to
must
the
be
in
$18,000
and
1971,
of the
for all
same
and interest pay¬
at the Genesee Valley Trust
bonds. Principal
able
Co.,
Rochester.
The approving
opinion of Vandewater, Sykes,
Heckler & Galloway, of New York
will be furnished to the
purchaser without cost.
Enclose
a
certified or cashier's check for
City,
$9,340, payable to the District.
.
Union Free Sch. Dist.
Huntington
(P. O. Huntington), N. Y.
Bond Sale—The $22,000 build¬
No. 1
Nov. 8—v.
168, p. 1950 — were awarded to
Tilney & Co., of New York, as
2s, at a price of 100.204, a basis
ing bonds offered
on
Oct.
15,
$2,000 on Oct.
from 1949 to 1959 inclusive.
15
1948
Dated
1.96%.
about
of
due
and
Bond
1, 1948 and-due $4,000 on Nov. 1
from 1949 to 1953 inclusive. Sec¬
made
Buffalo.
Springs, N. Y.
$15,000 sewer
bonds offered on Nov. 5—v. 168,
Sharon
from
1949
Due $7,000 on
1953 inclu¬
to
sive. Principal and interest (A-O)
payable at the Manufacturers Na¬
tional Bank of Troy.
Legality to
be
approved
oy
Vandewater,
Sykes, Heckler & Galloway, of
New York City,
.'
School District No. 4 (P.
Stephen
—
Cocks, District Clerk, will receive
(EST)
Nov. 18 for the purchase of
$174,500 not to exceed 4% interest
school, series of 1948 coupon or
registered bonds.
Dated Nov. 1,
1948.
Denomination $1,000, one
for
$500.? Due Nov. 1, as follows:
$9,500 in 1949; $10,000 from 1950
to 1958 inclusive, and $15,000 from
Bidder to
rate ."of. interest
name
expressed
the
in
multiple of */4 or 1/10 of
1%. Principal and interest (M-N)
t
National Bank
for, payable to the District,
required.
Legality to be ap¬
proved by Hawkins. Delafield and
Wood, of New York.
Brosnan,
or
bonds.
Dated
nomination
Y.
Heckler
Timothy A.
Treasurer, will
bonds.
Dated Nov. 1, 1948. Denomination
for $500.
Due Nov. 1,
as
follows: $6,500 in 1949, and
$7,000 from 1950 to 1953 inclu¬
one
Bidders' to
name
a
single
rate of
interest, expressed in the
multiple of i/4 or 1/10 of 1%.
Principal and interest (M-N) pay¬
able
at
the
and Trust
bonds
National
will
be
1,
delivered
Wheatland
1948,
at the
office
Hawkins, Delafield and Wood,
with the purchaser.
check for 2%
"-"X'
of the
A
certified
amount
bid,
payable to the Village, is required.
Legality to be approved by Haw¬
kins, Delafield and Wood, of New
York City.
A
rate of interest
a
check
certified
for
of
1%
the
on
effort
Township (P.
—
works system
R. R.
issue
The
♦
*
the
Another:
bonds
will
be
:
.
authorized
at
the
*
on
Nov. 13 for the purchase
$25,000 not to exceed 2y2% in¬
terest
tax
anticipation
notes.
Bond
Offering
will
The
—
receive
Town
bids
sealed
until 7:30 p.m.
(CST) on Nov. 17
purchase of $110,000 not
the
for
1, 1949. Denomination
to exceed 6% interest, bonds di¬
purchaser may designate.
vided as follows;
Due Dec. 1, as follows: $12,000 in
sanitary
sewer
system
1949, and $13,000 in 1950. Princi¬ $70,000
Dated Dec.
the
as
pal and interest (J-D) payable at
the office of the Clerk Board of
The notes
Trustees.
bonds.
bonds.
system
works
"
,
y..
bonds
Bond
offered
of
to
10
Nov.
on
of par for the
as
23/4s, and
bonds
dated Dec. 31, 1948.
are
Moro, Ore.
Bonds Not Sold
No bids were
—
submitted for the $5,000 not to ex¬
interest
6%
ceed
bonds offered
1847.
system-,
water
Nov. 3—v. 168, p.;
on
bonds
The
Nov.;
dated
are
1, 1948 and mature $500 on Jan. It
from 1950 to 1959 inclusive.
Multncmah County
Sch. Dist. No.
Ore.
O. Portland),
(P.
i
Bond Offering
District Clerk,
:
W. M. Brooks,
—
will receive sealed;
bids until 7.30 p.m. (Pacific Stand-f
Time)
Nov. 22 for the
on
pur¬
$72,500 not to exceed 6%
interest coupon school bonds. In¬
terest J-D. Dated Dec; 1, 1948, Due
Dec. 1, as follows: $7,500 in 1949,
$7,000 in 1950 to 1956, and $8,000
in 1957 and 1958. Principal and interest
payable
the
at
,
;
County
Treasurer's office or-at the Fiscal.
ing
Dated
bonds.
Nov.
Chicago,
as
1948.
1,
Denomination $1,000. Due Nov. 1,
as follows: $8,000 in 1949; $9,000,
the
at
-
er.'
will receive
Tyner, Town Clerk,
bids until 7:30 p.m.
sealed
delivered1
be
successfuLbidder in PortThe
land.
(CST)
Sayre,
.
-
En-»
certified check for $2,000.
a
;;
Oregon (State of)
i
;
approving opinion of
McCulloch,
Shuler
&
of Portland, will be fur¬
Winfree,
James W.
—
will
bonds
The
the
nished the successful bidder.1
Oct. 26.
on
Offering
Bond
1950; $10,000 from 1951 to 1954 in¬
clusive, and $12,000 from 1955 to
1958 inclusive.
Principal and in¬
terest (M-N) payable at the Pow¬
er City
Trust Co., Niagara Falls.
Legality to be approved by Van¬
dewater, Sykes, Heckler & Gallo¬
way of New, York City.
bonds
School
Brocksville
District,
tion held
Bur¬
check
nett, Clerk-Treasurer of Board of
Education, will receive sealed bids
until Nov. 15 for the purchase of
construction
Defeats
Plan
Pension
y
Bond
Financing—Failure
Issue
of
the
'
Cambria Central
No. 1
Bond
Sch.
Dist.
Offering—James
District
at
the
general
E.
Cor¬
Clerk,
to
not
exceed
Dated
nomination
Dec.
rate
1
Dec.
building
1949
to
1968
interest,
the
Niagara
water
v.
bonds
168,
p.
The
offered
on
bond for. $536.41,
$1,000 each.
Due Oct.
1,
as
follows:
$7,536.41
in
1950;
$8,000
in
1951,
and
$9,000 from. 1952 to 1959 in¬
2*1.
Corp. and
Co., both of Dur¬
ham
Vance
Securities
Corp. of Greensboro, at a price of
100.035,
a
net interest
cost
of
about
2.57%,
as
bonds,
$582.56, others $500 each. Due
Oct. 1, as follows: $582.56 in
1950; $500 in 1951 and 1952,
and $1,000 in 1953 and 1954.
All of the bonds
1,
are
Principal
1948,
dated Dec.
and
follows:
$48,000
N.
Arm¬
&
Press
Nov.
$11,000
Scott
Due
the
bidder offering the lowest
interest
rate
of
pay
par
until
10
agreeing? to
Each bidder shall submit with his
bid
in cash
a sum
equal
to 2%
the
of
a.m.
City
Clerk,
bids
until
park
$65,500
from
receive sealed
(CST)
on
purchase of $73,-
bonds..
to
$6,000
inclusive,
Due
1960
!
r
.
i
.
equipment
fighting
Due $1,000 from
to 1958 inclusive.
.
1951
,
the
improvemnet
bonds.
issue due to J *
$2,000,000 bond
the
over
concern
on
the
.
pension 1
One State official was
stating that the only
program.
as
the
of
States'. economy
quoted
effect
available for payment of
pensions came from the pro¬
ceeds of a liquor tax which yields
$1,000,000 monthly.
about
Sayre, Okla.
5
'
.
,
Prior
to
the
in
appearance
abortive
the
market occurred on
an
issue
of
Nov.
capital :
new
Aug. 24, when :
$3,000,000
veterans'
was" awarded to a '
syndicate headed by the National '
City Bank of New York, as IV2S, at a price .of 97.30, a basis of about
welfare
1.745%.'
bonds
This
offering: attracted
bids
bids.from a number of other syn- -
will be received until Nov. 23 for
dicates, with the.second high of- fer of 99.279 for l3/4s being .made :
Bond
the
Offering
purchase
bonds..
of
These
at
the
—
Sealed
$45,000
bonds
hospital
were
election
held
au¬
on
by
the
OREGON
Harris
Trust
&
Savings :
of Chicago. The bonds then
Bank
sold
carried
Oct. 1,
a
maturity
date
County Consolidated
School District No. 30 (P. O.
Warrenton), Ore.
Clatsop
.
mature- on
from
1742—were awarded to Atkinson-
April
the slight
1,
1960.
-
of
sched-
1959, while the issue
uled to be sold on Nov. ,5
(EST) on Nov. 26 for the purchase
Bond Sale—The :$ 120,000 school
$22,400 not to exceed 3% in¬
bonds offered Nov. 3—v. 168, p.
terest Sewer District Mifflin No.
sewer
>
offering, the State's last previous
follows:
as
bonds.
1951
8,000- ,fire
,
banking firms had advised
they would not bid for
<;
.
that
p.m.
and $5,500 in 1961.-
,
Dorsch,
will
7:30
for the
bonds, divided
-
him
-
to
;
was
-
Aside
difference in ma¬
turity dates, both issues have the
of
1,
~
and men over 65 I
.dispatch from-Portland on
5,
State Treasurer Leslie
stated that, major- invest-
revenue
Okla.
Offering—Daniel
Nov. 23
.
equivalent
bid.
amount
ment
60
over
the
Bond
500
its
or
Hooker,
ley,
bids
and
accrued' interest.
and
Bond Offering—Ella A. McCar-
sealed
pn
The bonds will be awarded
1958.
to
(CST)
Oct. '26.
Assistant Clerk of Board of
County Commissioners, will re¬
-
yearsof age. According to a United,
thorized
County (P. O.
Columbus), Ohio
ceive
cost
women
building
in 1951 to
interest
Franklin
9—
Securities
R.
—
Nov. 16 for
One bond for
series No. 212.
1950—were awarded to
the
sewer
$1,075,000
J. Lee Peeler &
and
sanitary
3,582.56
by
Squire,
Sanders
Dempsey of Cleveland.
Nov.
Offering
according to- estimates*
the State, about $9,-000,000 ^annually.'-" The
proposal
approved by-the electorate calls
for the payment of $50 monthly to
of $88,000
One
clusive.'
group
Interstate
alley im¬
series No.
proved
composed of the Branch
Banking & Trust Co. of Wilson,
a
noon
(A-O) payable at the City Treas¬
urer's office.
Legality to be ap¬
Concord, N. C.
Bond
Okla.
District,
;
whieh,
would
.
.
strong, Clerk of the Board of Edu¬
cation,
will receive sealed bids
others
County
—
—
Clerk,
until
$87,536.41
street and
provement bonds,
in¬
NORTH CAROLINA
Sale
bids
a
National
Bank & Trust Co., Lockport. A
certified
check for $5,200, pay¬
able to order of the District, is
required.
Legality
to
be
ap¬
proved by Vandewater, Sykes &
Heckler, of New York.
Bond
Agnes Brown
will receive
(EST) on
Nov. 19 for the purchase of $91,118.97
2%
special
assessment
bonds, divided as follows:
City
single
expressed in a
name
multiple of y4 or 1/10 of 1%. Prin¬
cipal and interest (J-D) payable
at
Bond Offering
v
1, 1948. De¬
Due $13,000
$1,000.
from
Bidder to
of
interest
registered
or
bonds.
5%
School
;
v,
..
bonds.
Nov. 2.
on
sealed
will receive
sealed bids until 3 p.m.- (EST) on
Nov. 16 for the purchase of $260,nel,
required.
certified
A
amount bid
of the
■
.
approval of the-voters at the
Nov■ 2 election of a pension plan.- *
the purchase
election
Cain,
(P. O. Wilson), N. Y.
2%
(
the
until 2 p.m.
These bonds
bonds.
authorized
were
Oct. 26.
on
for
Crescent
$80,000 not to exceed 3% interest
Columbus, Ohio
Wilson, Newfane, Porter and
is
authorized at the elec¬
were
Ohio
M.
Offering—Cecil
Bond
••
Agency of the State in New York
close
was
Halscy, Stuart & Co.
The bonds
Chouteau, Okla.'
improvement
works
water
authorized
were
election held
issue of $120,-
Sale—The
price
a
1962
to
those due from 1963 to 1967 as 3s..
to
„
acquisition of fire fighting
A certified check for 2% of the
equipment and a building to house amount bid is required.
These
Ohio
1949
City, at the option of the purchas-:
water
40,000'
the
same.
was
-
issued for
are
received
chase of
Buffalo, Okla.
Clerk
sole bid
the
as
specified"
ard
,
(EST)
of
sold
rejected.
The tender, entered by
Blyth & Co., Inc., and-Associates,
„
improvement bonds.
was
election.
2
Nov.
vius, Clerk Board of Trustees, re¬
ceived
sealed
bids
until
noon
bonds
Arthur Wilk-
O.
11, Toledo), Ohio
Notes Offered—William T. GraNo.
000
York
Offering
Nov. 5.
on
sell
to
Bonds Not4Sbld<—The issue, of
Notes and Bolds Sold — J. A.
County (P. O.
White & Co., of Cincinanti, was $1,500,000 not to exceed 3% in-^
Dobson), N. C.
school
bonds
offered
on
Bond Sale—The $200,000 series the successful bidder on Nov. 6 for terest
Nov. 9—v. 168, p. 1633—was not
B school building bonds offered on the following; 1
Dist.
O. Niagara Falls),
bonds offered
value of the bonds bid upon,
made shortly.
'
payable to the Board of County
Commissioners, is required.
Marion County School District
No. 24CJ (P. O. Salem), Ore.
Fremont, Ohio
par
2V2s, at a price of
on
Nov. 18. for, the purchase of State .to., receive any bids for the
sen, District Clerk,
will receive
100.193, a basis of about-2.48%.
sealed bids until 3 p.m. (EST) on
Second high bid of 100.59 for 2V2s $40,000 not to exceed 6%. interest $2,000,000 not to exceed 2% in¬
Nov. 23 for the purchase of $105,system, , distribution
bonds. terest veterans' welfare bonds ofwas
made by Field, Richards & gas
000
not
to exceed
5%- interest
Dated Dec. 1,- 1948.
Due $2,000 fered Nov. 5—v. 168, p. 1742—was
Co. and Prescott, Hawley, Shepcoupon or registered school build¬
from 1951 to 1970 inclusive. These attributed in" official sources to
ard & Co.
or
of New York City, or at such
other place as may be agreed upon
,
Sch.
Common
No. S (P.
Bank
on
name
Surry
Alliance,
Company, Ossining. The
about Dec.
of
First
Due $1,500
Vandewater, Sykes,
Galloway,
of New
&
clusive.
sive.
vestment Co.
York.
(EST) on Nov. 16 £or the purchase
of $34,500 not to exceed 4% in¬
terest
highway
motor
vehicles
$1,000,
truck
De¬
1, 1948.
$500.
by
proved
coupon
registered
Oct.
Principal and interest (A-O) pay¬
able
at
the
County Trust Co.,
Pleasantville.
Legality to be ap¬
on
or
of
Oct. 1 from 1949 to 1958 inclusive.
receive sealed bids until 3:30 p.m.
1948 coupon
fire
registered
coupon
000
—
Village
purchase
$15,000 not to exceed 5% interest
bid
is
Offering
Zeh,
will
the
for
24
Nov.
on
Alwin
—
Treasurer,
2% of the amount of bonds to be
Bond
Co., Oscar Burnett & Co., McDaniel Lewis & Co. and Southern In¬
Adams
receive
bids until 3:30 p.m. (EST)
sealed
Washington. A certified check for
Ossining, N.
composed of R. S. Dickson & Co.,
First of Michigan Corp., Courts &
(P. O.
York
Offering
District
Port Washington
& Trust Co., Port
payable at the
Bidder to
inclusive.
1959
1953 to
Jefferson County School District '
expressed
No. 9 (P. Oi Madras.)^ Ore.
in a multiple of J/4 of 1%.
Prin¬
ond high bid of 100.006 for $675,Bonds Not Sold—No bids were
000 2V2s, $40,000 4%s and $360,000 cipal and interest (M-S) payable
submitted for the $175,000 school
2V2S was made by a syndicate at the County Treasurer's office.
1980
awarded
A.
and $120,000 2V4S, due
to 1982 inclusive. Sec¬
inclusive,
from
Thornwood), Mount Pleasant,
New
sealed bids until 3:30 p.m.
1959 to 1963 inclusive.
York.
D. White & Co., New
Bond
on
'
1953
.
O.
Washington), N. Y.
Offering
Bond
Dated Nov. 1, 1948. Denomination Jones & Co., of Portland, the only
due on May 1 from 1951 to
Dated Nov, 1, 1948 and
Due Sept. 1, bidder.
inclusive; $587,000 2yzs, due $1,000, one for $400.
due $8,000 on Dec. 15 from 1951 to
from 1954 to 1971 inclusive; $320,- as follows: $2,400 in 1950; $3,000
in 1951 and 1952, and $2,000 from 1965 inclusive.
000 2%s, due from 1972 to 1979
6s,
First
Free
North Hempstead Union
Monday, November 15, 1948
CHRONICIE
1632 — were awarded to the
Nov. 9 — v. 168, p. 1950 — were
$12,000 street sewer construction
National Bank of Canajoawarded
to
Vance
Securities
notes sold as 2s, at a price of
harie. Dated Sept. 1, 1948 and due
Corp., of Greensboro, and J. Lee
100.142.
Dated
Oct.
1, 1948
$1,000 on Sept. 1, from 1949 to
Peeler & Co., of Durham, jointly,
and due Oct. 1, 1950.
1968 inclusive.
Callable on any
at a price of 100 078, a net interest
interest payment date.
2,000 city's portion Christy Bou¬
cost of about 2.618%, as follows:
levard and other- street sewer
Sidney, Franklin, Masonville,
$20,000 4%s, due on April 1 from
construction bonds sold as 4s,
Unadilla and Guilford
1951 to 1954 inclusive; $68,000 2^s
at a price of 100.85. Dated Oct.
Central Sch. Dist. No. 2
due from 1955 to 1966 inclusive;
1, 1948 and due $100 annually
(P. O. Sidney), N. Y.
$24,000 4y4s, due from 1967 to
on
Oct. 1 from 1950 to 1969
Bond Sale—The $95,000 bus ga¬
1969 inclusive, and $88,000 2%s,
] - inclusive.
" 1
due from 1970 to 1978 inclusive.
rage bonds offered on Nov. 9—v.
1,
168, p. 1846—were awarded to the The bonds are dated April
OKLAHOMA
«
'
Marine Trust Co., of Buffalo, as 1948. Second high bid of 100.05 for i
Antlers, Okla.
1.90s, at a price of 100.295, a basis $114,000 2y2s and $86,000 2%s was
of about 1.84%. Dated Nov. 1, 1948 made by Alex. Brown & Sons of
Bond Offering—The Town Clerk
and due on Nov. 1 from 1949 to Baltimore.
will received sealed bids until Nov.
1958 inclusive.
Second high bid
23 for the purchase of $150,000 not
OHIO
of 100.18 for 1.90s was made by R.
to
exceed
3y2% interest water
p.
,
.
Port
Sale—The
Bond
Bond
Sara Raphel,
$35,000 not to exceed 5% interest
coupon or registered construction
bonds.
Dated Oct. 15, 1948.
De¬
15
1.90s was
by the Marine Trust Co., of
high of 100.08 for
ond
New
bids, c/o Manufacturers National
Bank of Troy, until 11 a.m. (EST)
on
Nov. 16 for the purchase of
Oct.
Dated Nov.
basis of about 1.825%.
Thornwood Fire District
will receive sealed
nomination $1,000.
price of 100.145, a
1.90s, at a
as
Wyantskill), N. Y.
—
Nov. 4—v.
on
168, p. 1846—were awarded to
Roosevelt & Cross, of New York,
(P. O.
District No. 4
District Clerk,
bonds offered
bus
School
North Greenbush Common
Bond Offering
(P. O. Corfu), N. Y.
Sale—The $20,000 school
No. 2
York
New
Offering—Frank A. Min-
Bond
.
Pembroke, Darien, Batavia and
Alexander Central Sch. Dist.
Central School District
Greece
■
& FINANCIAL
COMMERCIAL
THE
(2058)
58
same
etc.
characteristics
as
to security, ; '
Volume 168
f-.-'
Number 4751
■:
PENNSYLVANIA
Chester
THE
•New
•
Bank
and
&
(P. O. San Antonio),
Bonds
terest
Trust
dated Nov. 24,
mature on Dec. 2, 1949.
are
Note Sale—The
'
scheduled
1948 and
Brooks
1.30%
•
1948
Associates,
interest.
and
due
Dated
Dec.
168,
v.
originally
4—v.
168,
house
p.
County,
Co.
2t 1949.
-&
of
Dallas
and
Moreland, at
$650,000 to Salomon Bros. & Hutz¬
accrued
ler, of New York, at 1.20%
interest, plus a premium of
Girard
Trust
Co.,
The
offered
the
notes
dated
are
1948 and mature
Bong Sale
of
on
'iVzs, at
as
Co., of
price of
a
100.406.
$709,000
„
in
Note Sale—The
offered
Nov. 3
on
1965
awarded
were
of
rate
24,
1948
and
mature
will
and
Nov.
3
Chemical
is
of
in¬
the
awarded
were
Bank
interest.
and
due
&
Trust
Dated
Dec.
on
accrued
notes
Nov.
which
is
nearest
Alternate proposals
considered with 10-year
be
of
be
redemption.
submitted
All
on
a
bids
uniform
the
2,
1949.
offered
to the
Nov.
Girard
3
was
Trust
Co.
Sioux
Falls
Sch.
attorney selected by the pur¬
chasers, and will deliver the bonds
to
the
bank
designated by the
purchasers without cost to them.
It is anticipated that delivery can
be effected in approximately 60
days.
Enclose
certified
a
or
cashier's check for $1,600, payable
to the District.
Flood Control Dist.
(P. O. Houston 2), Texas
Dist.
(P. O. Sioux Falls), S. Dak.
Original
Nov.
Sale—The
Award
4 .award
Canceled—The
of $3,000,000 series
$17,000 fund¬
ing bonds offered on Nov. 8—v.
168, p. 1743—were awarded to the
Union
Savings Bank of Sioux
Falls, as 2s, at a price of 100.118, a
the decision of the State Board of
basis of about 1.96%.
Education
due
and
1954
on
Dated NOV.
May
inclusive.
from
1
Second
high bid of par for 2V4S was made
'by the Sioux Valley Bank, of
Sioux
B
bonds
to
headed by
York, as
2.90s, at a price of 100.14—v. 168,
p. 3951—was canceled in light of
Lehman
a
group
Bros,
its option
those
8
to
the issue.
took the bonds
as
New
Nov.
on
on
of
the
on
offered
by
exercise
The Board
same
the
terms
banking
group.
Lexington,
Tgnn.
Bond Sale
The $12,000 public
improvement bonds offered Nov.
Orginal
—
p.
1743—were awarded
to the First National Bank of Lex¬
ington,
a
basis
as
3s, at
of
a
about
price of 100.208,
2.967%.
Dated
Oct. 1, 1948 and due on Oct, 1 from
1951 to 1958 inclusive. Second
high
bid of 100.08 for 2V4S was made by
J.
C. Bradford &
Co.
Nov.
Award
4 award
offered
on
Salomon
in
1951
and
Jan.
1,
se¬
payable
Bank,
1,
*1949.
the
Port
First
Arthur,
National
at
or
any
national
bank
mutually
agreed upon'by and between the
City Commission and the pur¬
chaser.
Bidder
is
to
show
result
the
of
State
exercise
Nov.
3
Bros.
were
&
awarded
its
Hutzler,
4
of
issue.
the
bonds
were
Nov.
Board
option
The
on
decision
of
Education
to
to
Board
the
specified
Trust group.
8
of
same
by
purchase
the
as
Harris
Due
offered
Dec.
inclusive,
for
1
bonds
Second
2%-s
are
mature
and
from
1953
high
to
bid
made
was
<
Norfolk
Redevelopment and
Housing Authority, Va.
Note Sale—The
offered
Nov.
3
awarded
to
the Girard Trust Co., of Phila¬
delphia, at 1.20% interest, plus a
premium of $12.
Dated Nov. 24,
1948 and due
Sept. 2, 1949.
1, as follows: $5,000 in
1958, $20,000 in 1959 to
1963, and $25,000 in 1964 to 1970.
to
bonds
maturing on or after
1, 1959, shall be redeemable
the option of the City on
any
Dec.
at
value
If
bid, which, in "its discretion, it
deem to
may
be for the best in¬
terest of the
City.
The City has
provision for registering prin¬
cipal or interest. The bonds are
no
$1,700,-
1952—was awarded
to a group composed of Lehman
Bros., Stone & Webster Securities
price
of
Charter,
$500,000
Chapter
20, Section 17,
applicable State Laws.
Approving
opinion
of
McCall,
and
the
Parkhurst & Crowe, of Dallas, will
be furnished by the City.
Enclose
certified
a
or
cashier's
check
for
Texas
on
1950
100.079,
a
net interest
2.86%, as follows:
3s, $ue on Dec. 1 from
1958 inclusive;
$540,000
about
to
from
to
1968
bonds
1978
inclusive.
mium.
by
high bid of 100.029 for $1,160,-
Cities Avail¬
the
Northern
Trust
Co.,
of
able—Ed.
wealth of statistical data
bearing
entitled
Financial
Cities,"
will
"Tax
Data
be
of
supplied
bond house upon
Rates
Texas
by
the
request
Portsmouth
Redevelopment and
Housing Authority, Va.
Note
000
&
County (P. O.
Uvalde), Texas
Nov.
2
in
election
20
has
years;
been
optional
Trust
Chemical
at
Nov.
24,
1.30%
sold.
in
10
Provided that the
amount
payable in connection
with the redemption of
any bond
shall
not
bonds
recently
Bond
thereon
date
the
of
$400,000
as
3s
by Moss, Moore & Co. of Dallas,
on
awarded
Nov. 4—v.
168,
to F. W.
p.
1744
Craigie
Co., of Richmond, and Strader,
Taylor
&
Co.,
of
jointly,
as
21/2s,
at
100.32,
a
bond
basis
of
Lynchburg,
a
of
amount
the
maturity
called
for
re¬
In the event that less
all of the bonds outstanding
than
called
are
for
redemption,
the
shall be redeemed in the in¬
same
order
verse
of
their
numbers.
Principal and interest payable at
the Peninsular Bank & Trust
Co.,
Williamsburg. The bonds will bear
interest at a rate or rates (not ex¬
ceeding two rates) per annum, ex¬
pressed in a multiple of V\ or 1/10
of 1%, as specified by the success¬
ful
bidder.
The
bonds
will
be
awarded to the lowest responsible
bidder on the basis of the lowest
interest cost to the City, but no
bid
will
be
considered
for
less
than par.
In determining the best
bid, the interest cost to the City
will be computed by determining
rates
or
and
specified
by the
deducting therefrom
mium
offered.
The
bidder
any pre¬
are to
bonds
be issued in
coupon.form Without
registration.
The
printed lat the ex¬
of the City. Delivery of the
privilege
bonds
of
will be
bonds will be made to the success¬
ful bidder in Williamsburg, or at
the
other
place as may be re¬
by the successful bidder,
of
cost
other
delivery at
place
any
than
Williamsburg to be
paid by the bidder. The approving
opinion
of
of
son,
Wood,
New
out
King
York
furnished to
the
&
City,
Daw¬
will be
purchaser with¬
charge.
WASHINGTON
Chelan
County,
Leavenworth
(P. O.
Wenatchee), Wash.
Sch. Dist. No.
Bond
128
Offering—T.
County
Treasurer,
E.
McKein,
will
sealed bids until 2 p.m.
000
not
general
receive
(PST)
to
exceed
on
price
about
of
2.47%.
interest
4%
obligation bonds.
Dated
Dec. 1, 1948. Denomination
Due
Dec.
1,
from
1953
to
$8,000
from
sive.
The
date
on
inclusive, and
to
District
inclu¬
1963
reserves
any or
in inverse numerical
interest
any
thereof.
terest
the
all of the
payment
and after five years
on
date
$6,000
inclusive; $7,000
1958
1959
$1,000.
follows:
as
from 1950 to 1952
order,
improvement bonds
offered
to
demption.
bonds at par,
(P. O,
Va.
Sale—The $200,000 series
of 1948 school
&
purchased
on
Powhatan County
Powhatan),
the
exceed
interest
right to redeem
—were
Texas
Bond Sale Details—The
interest.
1948 and due
years.
Vernon,
Bank
Co., of New York, and
Associates,
Dated
the
to
Dec. 2, 1949.
Uvalde
Due
Sale—The issue of $1,478,notes offered on Nov. 3 was
awarded
y2
Nov. 22 for the purchase of $100,-
Chicago, and Associates.
T. Volz & Co, South
Texas Bldg, San Antonio 5, have
issued a pamphlet containing a
in
of premium
The
dated Dec. 1, 1948. Sec¬
are
000 3s and $540,000 2%s was made
(State of)
Financial Data*
of
re¬
fol¬
1965, iy2%; if re¬
1966, 1%; if redeemed
of ,1%; if redeemed
thereafter prior to maturity at the
par
value thereof, without pre¬
23/4s, due from 1959 to 1967 in¬
clusive, and $660,000 2.90s, due
ond
$8,800, payable to the City.
p.
Corp., and Eastman, Dillon & Co.,
all of New York; Scott, Horner
&
Mason,
of
Lynchburg,
and
Tripp & Co., of New York, at a
cost
as
in
1967,
such
the
for
in.'1958, 5%;
1959, 41/2%; if re¬
1960, 4%; if redeemed
3y2%; if redeemed in
redeemed
quested
right to reject any and all
bids, waive irregularities or accept
accrued
fixed
premium
in
deemed
Commission
168,
plus
date
a
1961,
1962, 3%; if redeemed in 1963,
3V2%; if redeemed in 1964, 2%; if
9—v.
the
thereof
redeemed
in
pense
Portsmouth, Va.
Bond Sale—The issue of
until
the interest to maturity at the rate
$1,064,000 notes
were
bids
Nov. 22 for the
on
Dec.
1949
000 sanitation bonds offered Nov.
purchased
terms
The
1948
Associates.
headed
by the
Harris
Savings Bank of Chicago,
Bonds Sold—Tlie issue of
$400,2.80s, at a price of 100.35 —
000 road bonds authorized at the
168, p. 1951—was canceled as a
the
bonds
total
interest. The City
expressly
reserves
sealed
(EST)
purchase of $325,000 coupon mu¬
nicipal improvement bonds. Dated
Dec. 1, 1948. Denomination
$1,000.
in
by
Blyth & Co., Inc., New York, and
bid will be accepted for less than
account
v.
receive
p.m.
par and accrued
publication,
of
1,
on
100.04
each proposal. No
on
2.73%.
Dec.
1973
Denomina¬
other
interest cost
about
of
Principal and interest
at
1949.
9—v.
$120,000
I
Jan.
tion $1,000.
2,
24,
Va.
improvement
dated
as
1956.
Trust &
as
of
1952; $65,000
follows: $5,000
in 1951 to 1955, and
$15,000 in
Dated
Nov.
Savings Bank & Trust Co.,
of Cincinnati,
Byrne & Phelps,
Inc., Donald MacKinnon & Co.
and Wood, Gundy &
Co., all of
New York, Walter Stokes &
Co.,
of Philadelphia, M. B. Vick & Co.,
Chicago, Jones B. Shannon & Co.,
Detroit, L. W. Simon & Co., of
Cleveland, and Stubbs, Smith &
Lombardo,
of
Birmingham, as
2%s, at a price of 100.23, a basis
follows:
as
to
Trust
dent
40,000 public health and welfare
department
building
bonds.
Due
Dec.
:
,
deemed
168, p. 1744—were
awarded to a syndicate composed
of Detmer & Co., of Chicago, Ira
Haupt & Co., of New York, Cen¬
tral Republic
Co., Chicago, Provi¬
in 1953, and $75,000 in 1954 to
1956.
and
Canceled—The
$2,500,000 series
of 1948 improvement bonds to an
the
Memphis Housing Authority, Tenn.
Note Sale—The $1,400,000 notes
"to
divided
by Scott & String-
if redeemed in
Sale—The $2,520,000 gen¬
Nov.
on
W.
the financial standing of all of
the Cities in Texas. Copies of the
County Houston Ship
Channel Navigation District
(P. O. Houston), Texas
TENNESSEE
168,
Ernest
—
on
Fallls.
Harris
8—v.
eral
City
000
awarded
&
Dated
on
Norfolk,
Bond
works
Arthur, Texas
1949,
Bank
due
$100,-
water
will
Principal
(J-D)
payable
County Treasurer's office.
from
and
in¬
at
the
A cer¬
tified check for 5% of the amount Ar
bid
is
required.
approved
son
and
by
^
for
Bond Offering — Virginia Blanchard, Clerk of the City Council,
lows:
$1,518,000 notes
were
interest.
and
issued under authority of the
City
Harris County
SOUTH DAKOTA
South
ket
Chemical
1.30%
$4,000 street improvement bonds.
Due Jan. 1, as follows:
$55,-
par
Any rate or
multiples
bid blank furnished by the above
President.
The District will fur¬
24,;
Philadelphia, at 1.15% interest.
Dated Nov. 21, 1948 and due on
May 27, 1949.
to
4%
Offering
of
3
100.006
Williamsburg, Va.
demption and
Texas
bonds,
ries
Nov.
of
payment date on or after
Dec. 1, 1958, upon payment of the
to
Co.,
of New York, and
Associates, at
Clerk, will receive
sealed bids until 10 a.m.
(CST) on
the
name
of 1%.
must
Co.,
of
1948
J-D.
Nov. 23 for the purchase of
$440,000 general obligation
interest.
to. nish the printed
bonds, a copy of
Greenville Housing Authority, S. C.
Note Sale—The issue of $400,-
awarded
Myer,
Trustees
proceedings, the approving
York, and Associates, aL opinion of some
recognized mar¬
New
1950
and
Port
Bond
bring a price
but not less
required to
are
bid
-
option
Darlington County Housing
Authority, S. C.
Note Sale—The $215,000 notes
1,
the
fire
combination of rates with
or
1 of
Vs
V
Bond
It
Board
selected
rates named must be in
"
000
the
par
Bidders
SOUTH CAROLINA
>
of
accrued interest.
Nov.
Dec. 2, 1949.
-1948
and $6,500 in
Principal and in¬
approximately,
than
Hutzler, of New York, at 1.24%, their
plus $13 premium.
The notes are. and
1.30%
1966,
1968.
terest cost that will
&
of
3V2%
made
was
fellow.
par
Note Sale—The
offered
dated Dec.
Details—The
1966
Newport News Redevelopment
and Housing Authority, Va.
equipment. bonds pur¬
chased by the First of Texas Cor¬
Dec. 2, 1949.
by the purchasers.
Associates, at 1.30 %;
$1,000,000 to Salomon Bros.
offered
and
tention
York, -and
the
Sale
and
$4,298,000 notes- to sell the
bonds at the lowest in¬
follows: $3,298,000 to the Chemical Bank & Trust Co., of New
on
Morton,
Bond
000
in
VIRGINIA
1948
Bank & Trust Co.,
York, and Associates, at
interest.
Dated Nov. 24,
terest payable at a place
as
dated
Interest
Chemical
1967 and
ISLAND
Providence Housing Authority,
Rhode Island
and
1948.
$5,000
bid
interest
1953, $4,000 in 1954 to
and
high
interest to the
1960 inclusive.
are
as
Second
The
bonds. Due
follows: $3,000 in
1968..
—
RHODE
;
1965,
tc
New
on
1950 to
Dec.
on
1962, and $10,000
street paving
Sept., 15,
Legality
approved by Chapman &
Cutler,
of Chicago.
notes
awarded
were
purchase of $80,000 not to exceed
Olyphant School District, Pa.
4% interest school house bonds.
Sale
The $37,000 school
Dated Dec. 10, 1948. Interest J-D.
bonds offered on Nov. 4—v. 168, p.,
Due Dec. 10, as follows:
$2,500 in
1742—were awarded to Stroud &
Co., of Philadelphia, as 3%s,.at a 1949, to 1954, $3,000 in 1955 to
1959, $5,000 in 1960 to 1964, $6,000
price of 100.466.
Bond
.
3
75,000
Granbury Indep. Sch. Dist., Texas poration, of San
Antonio, and
Bond Offering —
Cody Martin, Moss, Moore & Co., of ,Dallas,
President of the Board of Trus¬ jointly, as
previously note(i in de¬
tees, will receive sealed bids until tail in v. 168, p. 1307—were sold
8 p.m. (CST) on Nov. 29 for the at a
price of par.
4—v.
Philadelphia,
Nov.
1948 and due
Pa.
awarded to Stroud &
were
Sale—The
1.30%
The $25,000 bonds
168, p. 1742—
—
Nov.
Nov.
24,
May 27, 1949.
Olyphant,
offered
1 from 1957 to
1,
and
in 1963 to 1968.
inclusive.
and
par
1961
$75,000 from 1953 to 1956
300,000 2%s. Due $75,000
interest.
Note
terest.
-
and
Due Sept.
as
in
Nov. 1, 1948 and due on
Nov. 1 from 1949 to 1968 inclusive.
2
follows: $5,000 in 1950
1951, $6,000 in 1952 to
1955, $7,000 in 1956 and 1957,
$8,000 in 1958 to 1960, $9,000
$575,000 2V2S.
Due
on
Dec.
1:
$60,000 in 1949; $69,000, 1950;
$72,000, 1951; $74,000 in 1952,
T exas
the
to
15,
bonds.
sewer
in
and
Houston, Russ
All of the bonds
Philadelphia, at 1.15% in¬
of
of
150,000
Texas Bank & Trust
Co., of Dallas,
at a price of 100.01, a net
interest
cost of about
2.634%, as follows:
Corpus Christi Housing Authority,
$7.25.
425.000
4—v.
Co., and Dittmar & Co., both
San Antonio,
Emerson, Roche
Co., of Austin, Moroney, Beissner
& Co., of
Houston, and the
Authority, Pa. 3.038%. Dated Dec. 1, 1948 and
Sale—The $1,075,000 notes ;due on Dec. 1 from 1949 to 1973
offered Nov. .3 were awarded as inclusive. Bonds maturing in 1964
and thereafter to be
follows:
optional on
1, 1963, at
& Co.,
to
1966, $11,000
1967, and $12,000 in 1968.
&
Note
and after Dec.
Nov.
1964
59
Dated
2.60s
j
in
&
Rotan, Mosle
basis of about
a
SchDist., Texas
offered
fol¬
as
$175,000 water works bonds. Due
Sept. 15, as follows: $5,000 in
1949, $8,000 in 1950 to 1958,
$9,000 in 1959 to 1963, $10,000
of
group composed of Russ & Co.
of San
Antonio, First Southwest
24,
bonds
Winston
County Indep.
1951—were awarded to
p.
Indep.
p.
price of par
a
further described
are
lows:
168, p.-1952—were awarded to a
syndicate
composed
of
Rowles,
a
Johnstown Housing
•
1532—.were sold at
and
Bond Sale—The $875 000 school
Bond Sale—The
$650,000 School
house bonds offered on Nov. 9—
at
Nov.
Lamar
in¬
Falfurrias), Texas
$1,075,000 notes
and
Nov.
the
School District (P. O.
Nov. 3 were awarded to
the Chemical Bank & Trust
Co., of
York,
house,
for
of
31/2%
1743—was postponed.
offered
New
exceed
(2059)
previously noted in-v. 168,
as
revenue
bonds, part of the
issue of $250,000 authorized at
the
November 1947 general election.
Texas
Sold—Sale
school
Fayette County Housing Authority,
Pennsylvania
■
Not
$300,000 not to
Chemical
Co., of New York,
Associates, at 1.30%.
The
notes
Feria, Tiexas
sewer
Hutzler, of New York ($1,000,000 at 1.24%, plus $14
premium
and $1,500,000 at
1.25%, plus $19);
the
La
,
CHRONICLE
Bond Sale Contract —The Ran-
Alamo Heights
Indep. Sch. Dist.
&
to
\
FINANCIAL
son-Davidson Co. is handling the
marketing of $125,000 water and
TEXAS
follows: $2,500,000 to Salomon Bros.
$2,484,000
\
1948 and due
Note Sale—The $4,984,000 notes
offered Nov. 3 were awarded as
and
York, at 1.24 % interest; plus
premium of $17. Dated Nov. 24,
on Dec.
2, 1949.
|
a
Housing Authority,. Pa.
COMMERCIAL &
Legality to be
Preston,
Thorgrim-
Horowitz, of Seattle.
60
*
'
Colfax, Wash.
Offering — Grace
Bond
These
Ellis
Stapleton, City Clerk, will receive
;
until 8 p.m.
(PST) on Nov.
for the purchase of $60,000 not
exceed
4%
interest
general
bids
15
bonds, part of
an
authorized
of)
Federal Reserve System issued
industrial production, factory em¬
ployment and payrolls, etc.
The Board's customary summary of
business conditions was made public at the same time.
The indexes
for September together with a month and a year ago, follow:
ing the present electric system, in
opinion of counsel constitute
Oct. 2 its monthly indexes of
on
Treasury Bills Sold—An issue of
the
valid and legally
obligation bonds.
September Business Index
The Board of Governors of the
Canada (Dominion
$75,000,000 Treasury bills was sold
on Nov. 4 at an average yield of
binding obliga¬
Dated Dec. 15,
0.413%. Dated Nov. 5, 1948 and
1948.
Denomination $1,000. Due tions of the City, payable solely
due on Feb. 4, 1949.
Dec. 15, as follows 6,000 from 1950 from a portion of the revenues de¬
to 1952 inclusive, and $7,000 from rived from the operation of its
BRITISH COLUMBIA
electric system; and the City will
1953 to 1958 inclusive. Principal
covenant in the ordinance that the
Kelowna, B. C.
/ and interest (J-D) payable at the
Debentures Sold—An issue of
;
City Treasurer's office, A certi- monthly payments into the bond
3%
municipal
electric
fied check for 5% of the amount redemption and interest fund shall $63,000
bid is required.
Legality to be be always sufficient to meet debt light system extension debentures
approved by Preston, Thorgrimson requirements. In accordance with was purchased recently by J. L.
and
Horowitz,
of
Seattle, and State of Wisconsin statutes, this Graham & Co. and Harrison &
Keith and Winston, of Spokane. authorization will be secured by a Co., both of Toronto, in joint ac¬
mortgage on the count, at a price of 96.306, a basis
V
These bonds were authorized at statutory first
The issue is due
the
special
election
held
on electric-system. Legality approved ^f about 3.40%.
by Chapman & Cutler, of Chicago. serially over a period of 20 years.
May 25.
to
Monday, November 15,' 1948
Federal Deserve
CANADA
issue, of $2,500,000, to be issued to
provide funds to defray part of
the cost of extending and improv¬
■
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(2060)
,
'
m. hj.rf«wW.MV-«"
,11^,0*^1
„
'
*
V
BUSINESS INDEXES
•
1930 average
100 for factory employment and payrolls;
=
1923-25 average
1935-39
,
100 for construction contracts;
3=
average
for all other series.
100
=
Without
Adjusted for
Seasonal Adjustment
Seasonal Variation
*'
"1948
Sept,
Industrial
Aug.
Milwaukee Housing Authority,
VIRGINIA
Weirton, W. Va.
*191
191
1186
1196
194
*190
*198
197
192
t202
199
*196
Durable
*223
222
*216
t225
224
*218
Nondurable
*173
176
172
tl84
179
178
*154
159
153
tl58
164
158
204
183
213
184
<vi-n«fflctures—
Minerals
Construction
value-
contracts,
0
of $350,-
Sold—An issue
Bonds
000
Note
works system
water
revenue
purchased by a
syndicate composed of Magnus &
Co. of Cincinnati, Stifel, Nicolaus
& Co. of Chicago, Walter, Woody
bonds
&
been
has
the
V
,
at
1.09%
interest.
Dated Nov. 24, 1948 and due on
Feb. 25, 1949.
A' syndicate com-
Town
Chi-
Milwaukee
Co.,
of Mil¬
waukee; Braun, Bosworth & Co.,
Inc., Toledo;, First of Michigan
Corp., Detroit; Martin, Burns &
Corbett, of Chicago; First Secur¬
ities Co. and the East Wisconsin
Trustee
-
.
i:
;
-
-
Co., both of Manitowoc,
.purchased on Nov. 1 an issue of
$1,500,000 electric mortgage reveriue bonds at a price of par, a net
interest cost of about 2.32%, as
follows:
V" 1 ■
$754,000 21/zs. Due on June 1, from
5
1951
to
1960
inclusive.
746,000 2V2S. Due on June 1, from
1961 to 1968 inclusive.
All of the bonds
1.
dated Dec.
are
1948. Interest J-D.
Denomina¬
$1,000.
Bonds maturing in
1950 to 1968, will be subject to re¬
tion
1958,
ment
,
y
City
re¬
Part
Grove and
of the Village of Monona
of
Blooming
Bond Sale—An issue of
building
bonds
or
on
any
and
$150,000
awarded on
Jackson
Nov. 4 to Paine, Webber,
&
Curtis, of Chicago/as 2lUs, at
price of 100.066, a basis of about
2.24%.
Second high bid of 100.40
for 2M>s. was
made by Harley,
Hayden & Co.
Dated Nov. 1, 1948. Denom. $1,000. Due May 1, as follows: $2,000
in 1950; $3,000 in 1951; $9,000 in
1952; $10,000 in 1953; $11,000 in
1954; $12,000 from 1955 to 1957 in¬
clusive; $13,000 from 1958 to 1962
inclusive; and $14,000 in 1963.
Principal and interest (M-N) pay¬
a
able
the
at
Madison.
First
!
.
National
Bank,
Quebec, Que/
$1,699,900
improvement
mu¬
of¬
bonds
Nov. 3, were awarded to
on
composed of * L. G.
Beaubien & Co., Banque, Canadienne Nationale, Wood, Gundy
syndicate
Co., and Hamel, Fugere & Co.,
at a price of 95.43, a net interest
cost of about 3.36%, as follows:
Oct.
from
I
and
1957
carloadings___
durable by .379,
3s,
due
on
dated Oct.
Sold—The
offered
Sale Details—The
* Data
* Revised.
contract
Labor
of
based
Indexes
on
Nov.
Statistics.
..
Co.
&
Sept;
——-I—
$80,000
Dominion
Gundy
&
Co.
of
3.477%,
as
Due
on
Nov.
1
179
*463
Plate
PURCHASE
Due
on
Nov.
231
+193
199
197
186
174
+ 189
186
174
190
149
amount of
as a whole of*an issue of $50,000,000 principal
% Debenture Bonds due 1963 of Public Service Electric
purchase
and Gas
Company (herein referred to as the "Company") will be
Company at its office, 80 Park Place, Newark 1, N. J.,
up to 12 Noon, Eastern Standard Time, on Monday, November 22,
1948, or on such later date as may be fixed by the Company as pro¬
vided in its Statement of Terms and Conditions Relating to Bids.
received by the
1959
Second
made
high
by
a
bid
group
of
& Co. and.
&
182
159
150
143
140
128
+151
15.6
164
+164
165
164
t216
217
210
152
172
151
*
198
209
202
172
"
152
.
151
-
a
171
—
—
*174
176
160
+ 180
180
166
+242
248
221
+248
,249
225
*249
249
226
*249
249
226
*170
166
160
160
+170
166
132
127
130
132
127
130
318
278
319
318
278
168
168
168
168
$
tl09
122
*
<■
122
•
$
118
•
*
129
103
*
*
Wool
products....
—
textiles
Leather
j
products—
Calf
»
131
0
»
and
Goat
to
kip
leathers
kid
leathers——
and
94
Wheat
flour
Meatpacking
fruits
and
and
158
143
136
tl38
126
146
159
163
+196
107
149
165
159
184
182
189
93
96
97
93
+ 154
155
144
*154
...
coal
5
#
149
147
products..
i
*212
*222
*■
a
*
By-products
McTaggart, Hannaford.
"
i.—
—
Chemicals
Paints
examined, and copies of certain*
of such documents may be obtained, at the Company's office, 80 Park
Place, Newark 1, N. J. Bids for the Debenture Bonds will be con¬
sidered only from persons who have received a copy of such
Prospectus and only if made in accordance with and subject to the
159
•
182
'
.
97
145
147
134
132
+222
+203
173
:
162
/
1
194
183
178
170
170
T
162
—..
+455
450
439
t455
450
243
+255
255
248
160
153
*156
159
151
127
137
+134
129
143
312
295
+305
312
295
*450
450
425
*450
450
425
*211
207
217
*211
207
217
*161
166
-160
*161
+66
160
+156
158
161
*156
158
tll9
117
122
+119
117
122
+ 168
174
164
+168
174
164
+ 112
Rayon
Industrial
Rubber
—_—
chemicals.
—
products
115
+ 142
149
145
*
324
298
+305
-v
MINERALS
Fuels
Statement.
Bituminous
,
coal
....
Anthracite .1
Crude petroleum
MEETING
—
1
-
161
.,
Metals
Iron
Public Service Electric and Gas Company hereby invites prospec¬
m
••
ore—
'
.
.
tive bidders for the purchase of its $50,000,000 principal amount
of
%■ Debenture Bonds due 1963 to attend a meeting to be held
*Revised
'Data not yet available,
SHoliday allowance for Labor
Day, previously used in computing daily average output on which steel indexes are
based, has been eliminated.
the Company's ofdce, at 11 A. M., Eastern Standard Time, on
Wednesday, November 17, 1948 for the purpose of reviewing with
prospective bidders the information contained in the Registration
Statement and Prospectus.
-
FREIGHT CARLOADINGS
tPreliminary.
at
(1935-39 average
_
.>
-
1
...
Grain
153
153
180
190
144
137
142
113
153
149
194
127
—
,
153
187
178
156
153
76
139
85
President.
Miscellaneous
1
105
149
164
171
161
182
181
273
273
272
144
products
162
182
Forest
,
80
152
Livestock
By George H. Blake,
100)
149
192
Coal
Coke
PUBLIC SERVICE ELECTRIC AND GAS COMPANY,
-
145
,145
156
146
157
73
70
67
'
Newark, N. J. i
66
Merchandise,s I.C.L.
November 12, 1948.
I
439
259
+ 158
*129
referred to in such Statement may be
95
4
"
290
.
184
.
*
•
162
170
...
165
*
183
:
136
196
203
+212
170
194
148
180
-
+280
*. ■'
182
,
111
/',< 149 '
H.
123
141
-
*
162
115
+255
Beehive
Gordon.
.
,
.
+203
178
»
..
131
r
-
173
_
*
,
,
'
172
+ 125
Fuel oil
.
+181
154
tl43
:!i
95
189
veg.__.
i
101
,
+ 113
+ 165
foods—
Gasoline
of
•
tl58
Printing and publishing—
Newsprint consumption—
Petroleum
1118
O
*127
.—
Paper ami products——;
Paperboard
....
Newsprint production...
was
*
123
1
+ 135
i——
...
manufactured
Processed
*
leathers-
lamb
and
Manufactured food products
to
1948.
composed
-'
121
+108
*
118
0
-
Sheep
,
—.—
—
Statement of Terms and Conditions and of other relevant documents
INFORMATION
190
+155
Rayon deliveries
a
.
99.157
tl91
140
165
Gairdner & Co., Thomas B. Read
Birks
and conditions of such
182
,
319
;
Each issue is dated Nov. 1,
:
Cotton consumption—
Copies of the Prospectus relating to such Debenture Bonds, of such
terms
V
135
■
Bids for the
227
*227
197
*207
glass products
clay and
glass
Other
1, 1963.
276
227
....
,
products
.
Gypsum and plaster products
Abrasive and asbestos products
359,000 31/2% improvement-bonds.
Due Nov.
*463
*191
-
Clay
1962 inclusive.
BONDS
635
269
*145
products
•*
DEBENTURE
*171
'
656
*164
.
Tanning
1949
from
179
185
+271
...
199
0
1
188
207
0
at
68,000 3]/4% improvement bonds.
OF
190
199
;
231
1958 inclusive.
FOR
.
243
276
.
J
235
»
,
"
*171'
635
+
Cement
«
188/ +
tl89
__
products—
Lumber
follows:
from
Sept.
*227
—
refining—_—
and
and
Lumber
improvement bonds.
$148,000 3%
PUBLIC SERVICE ELECTRIC AND GAS COMPANY
207
'1947
*193
equipment
of
price of 99.55, a net interest cost
of about
Aug.
+213
207
269
185
—-
metals and
Nonferrous
Wood,
Toronto,
"
Sept.
199
*271.,
„
—
..
Automobiles (incl. parts)
Securities
and
r
-1948
190
656
hearth
Textiles and
Montreal,
Without
'■» Seasonal Adjustment»
235
_
243
Inc., and Savard, Hodgson & Co..
of
l!
compiled by
f.
-1947
-
207
—_—-—
__
Transportation
Corp. of Toronto, Rene T. Leclerc.
both
>
v'v
0
hospital bonds awarded Oct. 5 to
BIDS
100>
Aug. V. Sept.
-
*213
*
Stone,
Montreal,
$410,269,000,
"
-by
MANUFACTURES
and steel
ilron
Cattle hide leather..
FOR
:
1948
Canadienne Nationale of
E. .Ames
=
Adjusted for
:
Seasonal Variation:
Smelting
the
at
value
centered
moving ^averages,
.
(1935-39 average
r;
2—
of
composed
3-month
on
"
SQpen
$575,000
available.
yet
not
150
*319
*
INDUSTRIAL PRODUCTION
Toronto, L. G. Beaubien & Co. of
Peters, Writer & -Christensen, of
mium of 1%. Principal and inter- Denver, as previously noted in
'est payable at the Manitowoc Sav¬ v. 168, p. 1532—were sold as 2.30s,
ings Bank, Manitowoc, or at the at a price of 100.125, a basis of
First ; National
Bank,
Chicago, about 2.27%.
INVITATION
153
300
257
*313
+313
*
*
Furniture
County (P. O.
Torrington), Wyo.
382.2
309.2
146
259
287
142
142
294
294
232
232
Employment index, without seasonal adjustment, and-payrolls Index
Bureau
Machinery
1744—were awarded to
A.
345.3
418.7
331.4
142
142
311
311
266
266
§ Electric
p.
374.6
*
*
shown
in Federal
Reserve
Chart
Book, multiply' total
residential by $184,137,000 and all other by $226,132,800.' '
"
1, 1948.
Three Rivers, Que.
syndicate
♦
...
...
figures,
The bonds
168,
141.8
139
139
...
Pig iron
v.
183.6
142.6
•.
second month, of F. W. Dodge data for 37 Eastern States. -To -conyert indexes to
iSteel
debentures
185.5
*
nondurable by .469, and minerals by .152.
Construction
Oct. 1 from 1961 to 1968 inclusive.
Debentures
*
139.7
NOTTS—Production, carloadings, and department store sales.Indexes based on dally
averages.
To convert durable manufactures, nondurable manufactures, and minerals
indexes
to points
in total index, shown in Federal -Reserve Chart Book, multiply
in¬
1960
to
$802,100
are
160.2
183.2
...
$264,500 2V4S, due on Oct. 1 from
1949 to
1952
inclusive; $298,000
2j/2S, due on Oct. 1 from 1953 to
1956 inclusive; $335,300 23/4Sr due
clusive
161.5
184.6
140.5
...
Department store sales, value
,
&
on
*
...
.
t Preliminary.
Sale—The
Banque
Goshen
Bond
'
goods__
Nondurable goods
maturing in 1968.
Montreal,
in¬
Total
Durable
Department store stocks, value
fered
158.9
payrolls—
inclusive; $187,000 3V4S, due from
1959 to 1968 inclusive, and $125,-
nicipal
197
159.9
«
Freight
a
■
WYOMING
interest pay¬
thereafter to
date
cluding Dec. 1, 1963, at par plus a
premium of 2%, and thereafter on
any interest payment date prior to
their maturity at par-plus a pre¬
was
Co., of Toronto, at a price
98.478, a net interest cost of
about 3.45%, as follows: $150,000
of
Bond
168
•
Oct. 27 to A. E.
on
Ames &
100 3V2S,
182
238
*
goods
Nondurable goods
Factory
a
School District No* 10 (P. O.
Madison), Wis.
/
demption in whole or in part in
inverse numerical order on June
1,
Sold—The
Not
awarded
was
*
*
....
Durable
municipal improvement bonds
168
195
*
3s, due on Nov. 1 from 1949 to 1958
Mineral Point, Wis.
Bonds
500
184
220
employment—
Total
Sold—An issue of $462,-
Bonds
to
of
Bank
Milwaukee,
cago;
-
awarded
general obligation street
lighting bonds of 1948 offered on
Nov. 5—v. 168, p. 1744.
/'/2
po3ed of Harris, Hall & Co.,
;
were
National
the $9,500
Manitowoc, Wis.
Bond Sale
»
notes
$470,000
jected the sole bid submitted for
WISCONSIN
:
3
Nov.
Wisconsin
Heimerdinger of Cincinnati and
tOn.
.
offered
Young, Moore & Co. of Charles-
7
Sale—The
*
*
AH other
Factory
*
*
Residential
LaSalle, Que.
Sept,
Aug.
Total
Total
QUEBEC
Wisconsin
Sept.
Sept.
production—
Total
WEST
1947
1948
1947
-
1
in
NOTTS—To convert coal
Federal
Reserve
Chart
and
Book,
66
:
77
miscellaneous indexes to points in total index,
multiply coal by .213 and miscellaneous by
shown
.548.
;
@FedFRASER